Stay current on the latest announcements and news from Sprague - including press releases, product spec sheets, and case studies. Download PDF Reader.

The market traded lower as US oil production increased to a record high of 10.369 million bpd on the week

March 8, 2018
Recap: The oil market on Wednesday traded mostly sideways in overnight trading before it breached its previous losses and sold off to $61.65 ahead of the release of the EIA’s weekly inventory report.  The market quickly pared its earlier losses following the release of the invent ... Read More
Download

The inventory report is expected to reflect an increase of 3 million barrels of oil

March 7, 2018
Recap: Oil prices were mixed on Tuesday, trading within a tight range ahead of the API inventory report. Brent was the stronger of the two blends, holding onto gains as Europe continues to cope with unseasonably cold weather. WTI traded on both sides of unchanged, ultimately hold ... Read More
Download

Monday was the largest one day gain in almost three weeks for oil prices

March 6, 2018
Recap: Oil prices began the session trading close to unchanged, but quickly reversed course, as the stock market headed higher, adding to the upside momentum were signs that OPEC and non-OPEC members are adhering to their agreed upon output cuts and  weak Venezuelan production. D ... Read More
Download

Baker Hughes reported the number of active rigs in the US increased by one unit, to 800 on the week

March 5, 2018
Recap: Despite staging a session comeback, oil prices settled at their lowest level in three weeks. Prices were hammered on Thursday after President Trump announced the imposition of tariffs on steel and aluminum, which instilled concerns about a global trade war. Losses were par ... Read More
Download

Oil prices fell to their lowest level in two weeks

March 2, 2018
Recap: Oil prices took a hit for the third straight session after President Trump announced the imposition of tariffs on steel and aluminum imports to the U.S; which dragged down global equities. A rising U.S. dollar also added pressure. Prices fell to their lowest level in two w ... Read More
Download

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

March 1, 2018
Recap: Oil prices received an early boost after it was reported OPEC output fell to a 10-month low as the UAE over-delivered on its agreement to cut output. April WTI gained as much as 0.68%, while Brent for April delivery tacked on 0.37%. Gains were short lived after the EIA rep ... Read More
Download

The oil market seems to be pressured by the strength in the dollar

February 28, 2018
Recap: The oil market opened 15 cents higher and quickly posted a high of $64.08 before it started to erase its previous gains.  The oil market seemed to have been pressured by the strength in the dollar, which was well supported after Federal Reserve Chairman, Jerome Powell, sai ... Read More
Download

Oil prices continued their upward route to a three week high

February 27, 2018
Recap: Oil prices continued their upward route on Monday, rising to a three-week high, supported by OPEC’s commitment to output cuts, supply disruptions in Libya and by strong U.S. demand. April WTI rose to a high of $64.24 before severing gains for a settlement of $63.91 a barre ... Read More
Download

Oil prices finished higher for the second straight week

February 26, 2018
Recap: Oil prices finished higher for the second straight week, tacking on more than 3%, gaining support from falling Libyan production, bullish rhetoric from Saudi Arabia’s energy minister and a decline in U.S. inventories. WTI closed in on $64, falling short by 27 cents, while ... Read More
Download

EIA report indicated US crude oil stocks fell 1.6 million

February 23, 2018
Recap: Oil prices, which were heading lower early in the session, reversed course after the release of the EIA report, which indicated U.S. crude oil stocks fell 1.6 million. In its initial reaction, April WTI jumped sharply, tacking on more than $21 before falling into a 30 cent ... Read More
Download
Displaying results 931-940 (of 969)
 |<  <  88 - 89 - 90 - 91 - 92 - 93 - 94 - 95 - 96 - 97  >  >|