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.

EIA reported that crude oil stockpiles rose 6.8 million barrels

February 1, 2018
Recap: The downside correction in oil prices continued on Wednesday, encouraged by the larger than expected increase in U.S. crude oil inventories. According to the EIA, crude oil stockpiles rose 6.8 million barrels, much greater than the 3.230 million barrel build reported by th ... Read More
Download

Oil prices are beginning to show signs of weakening

January 31, 2018
Recap: After rising to 3-year highs, oil prices are beginning to show signs of weakening, as investors exit record length and U.S. production continues to strengthen. Prices may very likely be in a corrective phase, as it appears that price movement has gotten ahead of the true u ... Read More
Download

The market remained weighed down by an increase in the number of rigs searching for oil in the US

January 30, 2018
Recap: The oil market traded higher on the opening and rallied to a high of $66.46 in overnight trading after the market breached its previous high.  However, the market erased its gains and sold off to a low of $64.98 by mid-day as the market remained weighed down by an increase ... Read More
Download

The dissipation of cold weather that has been plaguing the U.S. could lead to a free fall in prices

January 29, 2018
Recap: Oil prices retreated from three year highs on Friday, but finished the session with posted gains, as the dollar weakened and the U.S. rig rose. Oil prices settled at their highest weekly settlement since November of 2014. March Brent topped $70 a barrel, during the week, b ... Read More
Download

Oil prices moved to their highest level in more than 3 years

January 26, 2018
Recap: Oil prices climbed to their highest level in more than 3-years, but remarks about the U.S. dollar by President Trump pushed the dollar higher, which in turn pressured oil prices. March WTI topped the session at $66.66 a barrel, while Brent for March delivery peaked at $71. ... Read More
Download

EIA report indicated US crude oil inventories fell for the 10th straight week

January 25, 2018
Recap: Oil prices extended their gains after the EIA report indicated U.S. crude oil inventories fell for the 10th straight week, the longest streak of losses recorded. According to the report, stockpiles fell 1.1 million barrels, which was smaller than the expected 2 million bar ... Read More
Download

Expectations of another draw in US crude oil stocks pushed WTI to its highest level since December of 2014

January 24, 2018
Recap: Oil prices opened the session above unchanged then proceeded to move sideways in overnight trading. A daybreak dip failed to reach $63.48, the 10-day moving average for WTI, spurring technical buyers into action. This coupled with expectations of yet another draw in U.S. c ... Read More
Download

Philadelphia Energy Solutions LLC is filing for bankruptcy on its South Philadelphia oil refinery complex

January 23, 2018
Recap: A lack of new fundamentals pushed oil prices lower in overnight and early morning trading, but the market fell short of taking out the lows from last week. A sharp rebound occurred after Philadelphia Energy Solutions LLC announced it was filing for bankruptcy on its South ... Read More
Download

Oil prices experienced the largest weekly loss since October

January 22, 2018
Recap:  After reaching their highest level in over 3 years, oil prices experienced their largest weekly loss since October. Despite tightening global supplies, U.S. production continues to soar, counterbalancing output cuts by OPEC and its allies. Prices came under pressure early ... Read More
Download

U.S. crude oil inventories showed a decrease of 6.9 million barrels

January 19, 2018
Recap: Near record U.S. crude oil production offset the ninth straight week of declines in U.S. crude oil stocks, leaving oil prices close to unchanged. February WTI was trading at $63.47 a barrel prior to the release of the report, but jumped upon its release, which showed a dec ... Read More
Download
Displaying results 1551-1560 (of 1567)
 |<  <  148 - 149 - 150 - 151 - 152 - 153 - 154 - 155 - 156 - 157  >  >| 

Search

Tags