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.

The EIA reported a 19 million barrel increase in U.S. crude oil inventories

April 16, 2020
Recap: Trading in the oil markets was erratic on Wednesday after the EIA reported a 19 million barrel increase in U.S. crude oil inventories, the largest weekly build ever, while demand continues to deteriorate. WTI began the session trading to the upside, but quickly reversed co ... Read More
Download

Oil prices ended close to a two-week low

April 15, 2020
Recap: Oil prices took a nosedive on Tuesday, ending close to a two-week low, pressured by a global supply glut as the coronavirus continues to hamper demand. Price pressure from that weak demand and oversupply outweighed support from an agreement over the weekend by major produc ... Read More
Download

Oil prices seesawed on Monday morning

April 14, 2020
Recap: Oil prices seesawed on Monday morning, as an underwhelming OPEC production deal over the weekend was overshadowed by two tweets from President Donald Trump saying that production cuts would be much deeper. May WTI futures rose, then fell and then rose again after Trump’s t ... Read More
Download

Traders reacted to the disappointing OPEC+ production cuts

April 13, 2020
Recap: Oil prices turned lower on Thursday, retracing early gains of 13%, as traders reacted to the disappointing OPEC+ production cuts put forth at a time when demand is plummeting due to the coronavirus pandemic. The cuts, 10 million barrels per day for May and June, 8 million ... Read More
Download

Crude oil inventories rose by a record 15.2 million barrels

April 9, 2020
Recap: Oil prices pared early gains of more than 10%, with Brent briefly trading in negative territory after the EIA released an overwhelmingly bearish U.S. inventory report. Crude oil inventories rose by a record 15.2 million barrels, even as production was cut by 600,000 barrel ... Read More
Download

The EIA lowered its 2020 forecast for WTI and Brent prices

April 8, 2020
Recap: Oil futures gave up early gains on Tuesday to settle lower, pressured after the EIA lowered its 2020 forecast for WTI and Brent prices and its outlook for domestic production for this year and next. The government agency cut its expectations for 2020 U.S. crude production ... Read More
Download

WTI fell for the first time in 3 sessions

April 7, 2020
Recap: WTI fell for the first time in 3 sessions after a meeting by key producers was pushed back to Thursday, contributing to uncertainty in the market, as traders await news of potential crude production cuts OPEC+ was slated to meet on Monday in an effort to resolve the growin ... Read More
Download

U.S. prices tallied a weekly gain of almost 32%

April 6, 2020
Recap: Oil futures surged on Friday, with U.S. prices tallying a weekly gain of almost 32%. Prices extended their Thursday rally on growing expectations that major oil producers will reach an agreement to significantly cut production levels as efforts to slow the spread of COVID- ... Read More
Download

Oil price jumped on Thursday

April 3, 2020
Recap: Oil price jumped on Thursday after U.S. President Donald Trump tweeted that he had brokered a deal between Saudi Arabia and Russia that would take at least 10 million barrels of production off the market. Neither country has stepped forward to confirm this tweet. The quest ... Read More
Download

The EIA reported a 13.8 million barrel build in U.S. crude oil inventories

April 2, 2020
Recap: Oil prices fell on Wednesday after the EIA reported a 13.8 million barrel build in U.S. crude oil inventories, the largest gain since 2016 while gasoline demand suffered its biggest weekly drop ever due to the coronavirus pandemic. Gasoline demand fell by the most ever in ... Read More
Download
Displaying results 1001-1010 (of 1561)
 |<  <  97 - 98 - 99 - 100 - 101 - 102 - 103 - 104 - 105 - 106  >  >| 

Search

Tags