Stay current on the latest announcements and news from Sprague - including press releases, product spec sheets, and case studies. Download PDF Reader.

The differential between Brent and WTI increased to double digits on Friday

June 4, 2018
Recap: The oil market continued to trend lower on Friday as Brent’s premium over WTI  continued to trade at a three-year high.  The differential between Brent and WTI increased to double digits on Thursday for the first time since March 2015 and settled at $11.02 on Friday, basis ... Read More
Download

EIA report showed a draw of 3.6 million barrels in US crude oil

June 1, 2018
Recap: WTI slipped on Thursday, pressured by unexpected builds in U.S. distillate and gasoline inventories as reported by the EIA. Trader’s pushed prices higher on their initial reaction to the report, which showed a draw of 3.6 million barrels in U.S. crude oil inventories; howe ... Read More
Download

July NYMEX Natural Gas Futures Contracts Closed at $ 2.952 on Thursday, May 31st

June 1, 2018
Thursday, May 31st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.927, four cents above Wednesday’s closing price of $2.885.  Stepping higher overnight as bullish weather forecasts look to threaten already diminished storage levels, the contract rose to $2.960 ... Read More

A rise in equities and a slip in the dollar added strength to the market

May 31, 2018
Recap: WTI reversed 5 straight days of declines, as Russia’s central bank cautioned against plans to boost output and on forecasts calling for a decline in U.S. crude oil inventories. A rise in equities and a slip in the dollar added strength to the market. Both blends climbed st ... Read More
Download

July NYMEX Natural Gas Futures Contracts Closed at $2.885 on Wednesday, May 30th

May 31, 2018
On Wednesday, May 30th – the July NYMEX Natural Gas Futures Contracts began trading as the prompt month.  Opening at $2.895, a penny below Tuesday’s closing price of $2.903, the contract lost its footing early on to mark the intraday low of $2.867 by 9:10AM.  Ascending from there ... Read More

June NYMEX Natural Gas Futures Contracts Closed at $2.875 on Tuesday, May 29th

May 30, 2018
On Tuesday, May 29th – settlement day for the June Contract – the front-month NYMEX Natural Gas Futures Contracts opened at $2.878, roughly six cents below Friday’s closing price of $2.939.  Trailing lower in pre-market trading as markets were closed Monday in observance of Memor ... Read More

On Tuesday WTI fell as much as 3 percent

May 30, 2018
Recap: Last week’s slide in oil prices continued on Tuesday, with WTI falling as much as 3 percent, as hedge funds gave up on bets that prices had more upside potential. Spot WTI fell below $66 a barrel, slipping below the 50-day moving average for the first time since April 6th. ... Read More
Download

Russia and Saudi Arabia are discussing raising OPEC and non-OPEC oil output by 1 million bpd

May 29, 2018
Fundamental News: Russia’s Energy Minister, Alexander Novak, said that the process of easing global oil output cuts will likely be a gradual one.  He discussed the issue earlier on Friday with OPEC’s Secretary General and Saudi Arabia’s Energy Minister.  Russia and Saudi Arabia a ... Read More
Download

June NYMEX Natural Gas Futures Contracts Closed at $2.940 on Thursday, May 24th

May 25, 2018
Thursday, May 24th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.915, nearly flat to Wednesday’s closing price of $2.914.  Lacking any significant activity ahead of the 10:30AM storage publication, aside from a drop to the intraday low of $2.904 at 9:30AM, th ... Read More

Oil prices slipped on growing expectations that OPEC will increase its output to alleviate any shortfalls

May 25, 2018
Recap: Oil prices slipped for the third straight session on growing expectations that OPEC will increase its output to alleviate any shortfalls due to U.S. imposed sanctions against Iran and dwindling output from Venezuela. Prices also fell as traders booked profits ahead of the ... Read More
Download
Displaying results 2381-2390 (of 2617)
 |<  <  235 - 236 - 237 - 238 - 239 - 240 - 241 - 242 - 243 - 244  >  >|