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.

OPEC and non-OPEC members are struggling to maintain a balance between supply and demand

March 20, 2019
Recap: U.S. sanctions against Iran and Venezuela, combined with OPEC led supply cuts, pushed prices to fresh highs for the year. By 07:09 EST, April WTI reached a session high of $59.57 a barrel, surpassing the unchanged mark by 48 cents, while May Brent tacked on 68 cents, to po ... Read More
Download

Oil prices edged higher on Monday, supported by signs of inventory declines at Cushing

March 19, 2019
Recap: Oil prices edged higher on Monday, supported by signs of inventory declines at Cushing and the prospect that the OPEC led production cuts will be extended. The Joint Ministerial Monitoring Committee of oil producers on Monday reported a sizeable improvement in compliance w ... Read More
Download

The IEA released a report stating that output had fallen by 240,000 barrels per day last month

March 18, 2019
Recap: After posting a fresh four month high on Friday, WTI slipped as much as 1.4 percent to a session low of $57.74 a barrel, while Brent fell as much as 1.6 percent, posting a session low of $66.13 a barrel. Concern over a slowing global economy and hearty U.S. production weig ... Read More
Download

The EIA report showed that U.S. crude production dropped to 1.2 million barrels

March 15, 2019
Recap: Oil prices were mixed on Thursday, with Brent retreating from four month highs, while WTI posted a fresh four month high. May Brent crude hit a 2019 peak of $68.14 per barrel before falling to $67.15 a barrel by 1:34 p.m. EST (1617 GMT), down 40 cents from Wednesday’s clos ... Read More
Download

The EIA reported a 3.8 million barrel drop in U.S. crude oil inventories

March 14, 2019
Recap: WTI rose to its highest level in 4 four months after the EIA reported a 3.8 million barrel drop in U.S. crude oil inventories. Expectations were calling for a build of 2.7 million. Immediately after the number, April WTI rose as much as 2.1 percent, hitting an intraday hig ... Read More
Download

Oil prices posted modest gains as Venezuela continues to limit exports

March 13, 2019
Recap: Oil prices posted modest gains on Tuesday, propped up after a Saudi official said his country plans to cut oil exports in April, while power outages in Venezuela continue to limit exports from the country. May Brent broke above $67.00 a barrel, while April WTI rose above $ ... Read More
Download

Venezuelan exports continue to decline in the wake of nationwide power outages

March 12, 2019
Recap: WTI bounced off of the $56.00 level on reports that Saudi Arabia plans to lengthen its reduction of crude oil exports, while Venezuelan exports continue to decline in the wake of nationwide power outages. April WTI opened the session trading at unchanged, but quickly bounc ... Read More
Download

Oil prices finished lower for the second straight week

March 11, 2019
Recap: Oil prices fell hard on Friday, finishing lower for the second straight week, after the U.S. Labor Department reported lower than expected job growth in the U.S. According to the report, U.S. job growth expanded by 20,000 jobs, much lower than the expected 180,000 jobs. Th ... Read More
Download

OPEC output fell to its lowest level in nearly four years

March 8, 2019
Recap: Oil prices recovered on Thursday after falling 2 percent on Wednesday, bolstered by a falling OPEC output, which fell to its lowest level in nearly four years. WTI for April delivery briefly shot up to a high of $56.99 before settling into trading range between $56.35 and ... Read More
Download

The EIA reported a larger than expected build in U.S. crude oil stockpiles

March 7, 2019
Recap: WTI fell as much as 2 percent on Monday after the EIA reported a larger than expected build in U.S. crude oil stockpiles. WTI for April delivery slipped to a low of $55.42 a barrel after the numbers were released. The move to the downside was short lived, with this spot co ... Read More
Download
Displaying results 1271-1280 (of 1566)
 |<  <  124 - 125 - 126 - 127 - 128 - 129 - 130 - 131 - 132 - 133  >  >| 

Search

Tags