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 that US shale production is expected to increase to a record 8.5 million bpd in May

April 16, 2019
Recap: The oil market traded lower on Monday on the possibility that Russia may decide to abandon the agreement between OPEC and non-OPEC producers.  The crude market opened down 13 cents at $63.76 and quickly posted a high of $63.84.  The market, however, gave up its gains amid ... Read More
Download

Oil prices rose as cuts in Venezuela and Iran tighten supply

April 15, 2019
Recap:  Oil prices rose on Friday as concerns over tightening supplies increased due to supply cuts from Venezuela and Iran and conflicts in Libya. Adding to the up move was supportive trade data out of China, which reported larger than expected surplus as exports surged. The oil ... Read More
Download

The EIA reported a 7.7 million barrel drop in U.S. gasoline inventories

April 11, 2019
Recap: Gasoline futures surged on Wednesday, hitting a 6 month high after the EIA reported a 7.7 million barrel drop in U.S gasoline inventories. Expectations were calling for a 1.9 million barrel draw. May RBOB futures gained more than 7 cents a gallon, or 3.5 percent, rising to ... Read More
Download

Oil prices slipped from their nearly six month highs

April 10, 2019
Recap: Oil prices slipped from their nearly six month highs after the International Monetary Fund cut its forecast for global economic growth and as Russia signaled it may back out of its production cutting agreement with OPEC. Prices also slipped as global equities fell after th ... Read More
Download

Tensions in Libya combined with ongoing production cuts from OPEC pushed prices higher

April 9, 2019
Recap: Oil prices traded at five-month highs on Monday, as fighting in Libya raised concerns of tightening supplies. For the first since October, WTI traded above $64.00 a barrel, while Brent breached $71.00 a barrel.  Tensions in Libya combined with ongoing production cuts from ... Read More
Download

Crude prices ended the week at a five-month high

April 8, 2019
Recap: Crude prices finished on a positive note, to end the week at a five-month high. Oil markets gained confidence amid rising evidence that Saudi Arabia and other major oil producers are making good on their pledge to reduce production and as supply disruptions from Venezuela ... Read More
Download

Prices were supported by expectations that global supplies will tighten

April 5, 2019
Recap: After a brief stint to the downside, oil prices reverted to the upside, with June Brent rising above $70.00 a barrel and May WTI edging toward $63.00 a barrel. Prices were supported by expectations that global supplies will tighten and signs of increasing demand as refiner ... Read More
Download

The EIA reported an unexpected 7.2 million barrel build in U.S. crude oil inventories

April 4, 2019
Recap: Oil prices fell from 5 month highs after the EIA reported an unexpected 7.2 million barrel build in U.S. crude oil inventories for the week of March 29. This compares to the expected 1.2 million barrel draw. Trading was choppy, as prices opened the session trading to the u ... Read More
Download

Prices were propelled by the possibility of additional sanctions against Iran and continued supply disruptions in Venezuela

April 3, 2019
Recap: On Tuesday, oil prices posted fresh highs for 2019, with June Brent hitting a high of $69.51 and May WTI topping the session at $62.75. Prices were propelled by the possibility of additional sanctions against Iran and continued supply disruptions in Venezuela. So far this ... Read More
Download

Oil prices rose as much as 2.6 percent on Monday

April 2, 2019
Recap: Oil prices rose as much as 2.6 percent on Monday, with May WTI rising to a high of $61.72 a barrel, and May Brent reaching a high of $69.19 a barrel. Prices were exalted by upbeat global economic news and tighter supplies. Both China and the U.S. reported positive manufact ... Read More
Download
Displaying results 1251-1260 (of 1564)
 |<  <  122 - 123 - 124 - 125 - 126 - 127 - 128 - 129 - 130 - 131  >  >| 

Search

Tags