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.

Oil prices finished at their lowest level in a week

July 29, 2020
Recap: Oil prices slipped on Tuesday, to finish at their lowest level in a week, as the U.S. dollar firmed and as investors worried about the worldwide spread of the coronavirus and its impact on demand. The ICE U.S. Dollar Index, a measure of the currency against a basket of six ... Read More
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August NYMEX Natural Gas Futures Contract Closed at $1.734 on Monday, July 27th

July 28, 2020
Monday, July 27th saw the front-month NYMEX Natural Gas Futures Contract open at an intraday high of $1.783, 2 cents below Friday’s closing price of $1.808. Prices fell steadily to an intraday low of $1.714 at 11:20AM. Trading along either side of $1.745 for the balance of the da ... Read More

Oil futures shaved early losses on Monday

July 28, 2020
Recap: Oil futures shaved early losses on Monday, gaining on weakness in the U.S. dollar index, which fell to its lowest level in two years. However, gains were limited by the continued spread of COVID-19 and its impact on demand, as well as tensions between the U.S. and China. A ... Read More
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August NYMEX Natural Gas Futures Contract Closed at $1.808 on Friday, July 24th

July 27, 2020
Friday, July 24th saw the front-month NYMEX Natural Gas Futures Contract open at $1.775, a penny below Thursday’s closing price of $1.785.  Following Thursday’s short-covering rally, the contract found bullish support once again as prices rose to an intraday high of $1.818 at 11: ... Read More

Traders responded to signs of economic improvement against tensions between China and the U.S

July 27, 2020
Recap: Oil futures posted modest gains on Friday, as traders responded to signs of economic improvement against tensions between China and the U.S, both of which may influence global energy demand. Investors are also keeping a close eye on the rising cases of COVID-19, which has ... Read More
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August NYMEX Natural Gas Futures Contract Closed at $1.785 on Thursday, July 23rd

July 24, 2020
Thursday, July 23rd saw the front-month NYMEX Natural Gas Futures Contract open at $1.703, two cents above Wednesday’s closing price of $1.681.  Slipping downward to reach an intraday low of $1.677 ahead of the 10:30AM storage publication, prices then shot higher as the report hi ... Read More

Oil futures fell for the second straight session due to coronavirus demand concerns

July 24, 2020
Recap: Oil futures fell for the second straight session as coronavirus demand concerns and an unexpected rise in U.S. crude oil inventories overshadowed weakness in the dollar. As the coronavirus spreads across the U.S. in alarming numbers, the potential for further business shut ... Read More
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August NYMEX Natural Gas Futures Contract Closed at $1.681 on Wednesday, July 22nd

July 23, 2020
Wednesday, July 22nd saw the front-month NYMEX Natural Gas Futures Contract open at $1.653, two cents below Tuesday’s closing price of $1.675.  Slipping to an intraday low of $1.636 at 9:30AM, prices then trended higher as traders squared their positions ahead of Thursday’s stora ... Read More

Inventory data showed a larger than expected build in U.S. crude oil stockpiles

July 23, 2020
Recap: U.S. oil futures fell slightly on Wednesday, one day after reaching their highest level since March, as inventory data showed a larger than expected build in U.S. crude oil stockpiles, and as tensions between the U.S. and China increase, raising demand concerns. Losses wer ... Read More
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August NYMEX Natural Gas Futures Contract Closed at $1.675 on Tuesday, July 21st

July 22, 2020
Tuesday, July 21st saw the front-month NYMEX Natural Gas Futures Contract open at $1.662, two cents above Monday’s closing price of $1.641.  Ascending as high as $1.900 and finding a bottom near $1.500, natural gas has seen its fair share of rallies over the past few months. Shor ... Read More
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