COVID-19 Response
Stay current on the latest announcements and news from Sprague - including press releases, product spec sheets, and case studies. Download PDF Reader.

Inflation in the U.S. Last Month Was Lower Than Expected

November 11, 2022
Recap:  Oil futures erased early gains on Thursday, moving higher after the U.S. Bureau of Labor Statistics released data for October showing that inflation in the U.S. last month was lower than expected.  Over the last 12 months, the CPI increased by 7.7% before seasonal adjustm ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $5.865 on Wednesday, November 9th

November 10, 2022
Wednesday, November 9th saw the December NYMEX Natural Gas Futures Contract open at $5.830, thirty-one cents below Tuesday’s closing price of $6.138. Prices trended lower until finding the intraday high of $5.715 at 11:15AM, as the latest forecasts show warming toward month-end. ... Read More

Oil Futures Fell for the Third Straight Day on Wednesday

November 10, 2022
Recap:  Oil futures fell for the third straight day on Wednesday after a weekly EIA report showed a large increase in commercial crude oil inventories that was mostly due to more government sales of crude oil from the nation’s strategic reserves to the private sector. A week-on-w ... Read More
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Crude Oil Prices Fell on Tuesday on Growing Concerns about Demand for Fuel

November 9, 2022
Recap:  Crude oil prices fell on Tuesday on growing concerns about demand for fuel as COVID-19 outbreaks worsened in China, and as the U.S. await the outcome of its Midterm elections. The rising number of COVID-19 cases in China leave market participants guessing as to whether or ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $6.138 on Tuesday, November 8th

November 9, 2022
Tuesday, November 8th saw the December NYMEX Natural Gas Futures Contract open at $6.450, forty-nine cents below Monday’s closing price of $6.944. Recording the intraday high of $6.466 within minutes of the open, prices continued their pre-session decline as Tropical Storm Nicole ... Read More

December NYMEX Natural Gas Futures Contract Closed at $6.944 on Monday, November 7th

November 8, 2022
Monday, November 7th saw the December NYMEX Natural Gas Futures Contract open at $6.947, fifty-five cents above Friday’s closing price of $6.400. Spanning more than a thirty-cent range throughout the day, prices rose to tally a six-week intraday high of $7.221 at 11:15AM as suppo ... Read More

Oil Futures Turned Lower on Monday

November 8, 2022
Recap:  Oil futures turned lower on Monday, paring earlier gains after rising to more than a two month high, on mixed signals over strict COVID-19 restrictions in China, the world’s largest importer of crude oil. There have been mixed signals about China's reopening. Both WTI and ... Read More
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Crude Prices Were on the Rise Early Friday Morning

November 7, 2022
Recap:  Crude oil prices were on the rise early on Friday morning on continuing fears that the oil markets remain tight with the G7 agreeing on a fixed price capping mechanism on Russian crude. WTI rose more than 5 cents, as the Strategic Petroleum Reserve releases have neared th ... Read More
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December NYMEX Natural Gas Futures Contract Closed at $6.400 on Friday, November 4th

November 7, 2022
Friday, November 4th saw the December NYMEX Natural Gas Futures Contract open at $6.167, nineteen cents above Thursday’s closing price of $5.975. Giving up ground until finding the intraday low of $5.902 shortly after 10:30AM, the contract mounted an assertive ascent that would s ... Read More

December NYMEX Natural Gas Futures Contract Closed at $5.975 on Thursday, November 3rd

November 4, 2022
Thursday, October 3rd saw the December NYMEX Natural Gas Futures Contract open at $6.033, twenty-three cents below Wednesday’s closing price of $6.268. Achieving the intraday high of $6.169 by 9:15AM, prices traded along either side of $6.080 heading into the weekly storage publi ... Read More
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