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.

Traders kept an eye on the progress of moving a ship that has been blocking tanker traffic in the Suez Canal

March 26, 2021
Recap: Oil futures tumbled on Thursday, dipping down toward the lows of Tuesday and Wednesday, as concern over the increasing number of COVID19 cases across Europe gave rise to worries about demand. Traders kept an eye on the progress of moving a ship that has been blocking tanke ... Read More
Download

The EIA reported a rebound in U.S. refining activity

March 25, 2021
Recap:  After falling by almost 5% on Tuesday, oil futures bounced right back, gaining more than 5% after a ship ran aground in the Suez Canal, raising worries that the incident could tie up crude shipments. Oil futures were already on the rise after the EIA reported a rebound in ... Read More
Download

Oil futures fell by almost 5% on Tuesday

March 24, 2021
Recap: Oil futures fell by almost 5% on Tuesday on rising demand concerns. The oil demand recovery in Europe, a region that accounts for about 15% of global consumption, looks set to take a fresh hit as the continent struggles to deal with another wave of coronavirus cases that c ... Read More
Download

Oil futures fell 1% in overnight trading

March 23, 2021
Recap: Oil futures continue to struggle as renewed concerns about demand pushed prices from session highs, while a pullback in the U.S. dollar propelled prices from session lows. Oil futures fell 1% in overnight trading as traders grew increasingly concerned over lockdowns as Ger ... Read More
Download

WTI experienced an inside trading session after gapping lower on the opening

March 22, 2021
Recap: Just one day after falling by 7%, crude oil futures seesawed on Friday, turning to the upside, as traders reacted to reports of a drone attack on one of Saudi Arabia’s oil facilities, and on what was most likely trader stabilization ahead of the weekend. Despite a higher d ... Read More
Download

Brent and WTI lost more than 7% over the last five sessions

March 19, 2021
Recap: Oil futures got clobbered on Thursday, falling for the fifth straight session, with both Brent and WTI losing more than 7% over the last five sessions. Most of Thursday’s pressure came from a rise in the U.S. dollar and rising tensions between the U.S. and Russia, amid wei ... Read More
Download

U.S. crude oil inventories rose for the fourth straight week

March 18, 2021
Recap: WTI continues to hover around $64 with a surge in prices seeming less likely, as U.S. crude oil inventories rose for the fourth straight week, as refiners ramp up output. Stockpiles for petroleum products increased as well, according to the EIA report. This, combined with ... Read More
Download

Refiners in Texas struggle to bounce back from the mid-February deep freeze

March 17, 2021
Recap: Oil futures fell on Tuesday, as European countries suspended the use of Oxford/AstraZeneca’s vaccine after reports of possible serious side effects. Investors grew worrisome that the slow pace of vaccinations in Europe could hurt an economic recovery and fuel demand. Trade ... Read More
Download

Oil prices slipped on Monday

March 16, 2021
Recap: Oil prices slipped on Monday, pulling back from earlier gains nurtured by strong Chinese economic news and ongoing supply restraint from OPEC+. China’s industrial output growth quickened in January-February, beating expectations, while its daily refinery throughput data ro ... Read More
Download

Baker Hughes reported that the number of U.S. oil drilling rigs fell by 1 to 309

March 15, 2021
Recap: It was a lackluster trading session for oil futures on Friday, as prices pulled back from Thursday’s RBOB lead rally. Strength in the U.S. dollar weighed on the market, as a fresh spike in U.S. Treasury yields sparked a risk-off move in global currencies. Despite this week ... Read More
Download
Displaying results 771-780 (of 1566)
 |<  <  74 - 75 - 76 - 77 - 78 - 79 - 80 - 81 - 82 - 83  >  >| 

Search

Tags