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Stay current on the latest announcements and news from Sprague - including press releases, product spec sheets, and case studies.
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Gasoline
Crude
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Oil prices finished higher on Wednesday
January 18, 2018
Recap: Oil prices finished higher on Wednesday, as traders await the release of the EIA report, which was delayed a day due to the U.S. Martin Luther King Jr. Day Holiday. Expectations are calling for the ninth straight week. Despite trading below its 10-day moving average, March ...
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Gasoline
Crude
NYMEX
Russia's Foreign Minister stated that Russia will not support attempts by the US to change the Iran nuclear agreement
January 16, 2018
Recap: Please note there are no settlements for Monday, January 15th due to the Martin Luther King, Jr. holiday. The settlements listed are for Friday, January 12th. Fundamental News: Russia’s Foreign Minister, Sergei Lavrov, said Russia will not support attempts by the US t ...
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Gasoline
Crude
NYMEX
Oil prices closed at their highest level in over 3 years
January 15, 2018
Recap: Oil prices closed at their highest level in over 3 years, gaining support from geopolitical tensions, increasing demand and declining U.S. stockpiles. A break below $63.50 in February WTI triggered additional selling, taking this spot contract to just above $63.00. News o ...
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NYMEX
EIA reported that crude stocks fell by 4.948 million barrels on the week
January 12, 2018
Recap: The oil market settled in positive territory for the fourth consecutive session after rallying to its highest level since December 8, 2014 on tightening global crude stocks and after OPEC members said they would continue to cut their production despite the gains in oil pri ...
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NYMEX
Oil prices continued to move higher but were contained by the larger than expected increase in product inventories
January 11, 2018
Recap: Oil prices continued to move higher, gaining support from the 4.95 million barrel draw in U.S. crude oil inventories, but the higher move was contained by the larger than expected increase in product inventories. The sharp drop in production pushed prices to their highest ...
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Gasoline
Crude
NYMEX
Both WTI and Brent rose to higher levels
January 10, 2018
Recap: With expectations that U.S. crude oil inventories fell for the eighth straight week, WTI rose to its highest level since December 2014 and Brent reached a new 2.5 year high. After opening higher on the day, prices retreated toward unchanged, but bounced on failure to trade ...
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Heating Oil
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Crude
Crude oil market supported by stronger than expect jobs report
Recap: The oil market continued to trade within its recent trading range on Friday, following the 4th of July holiday. The market sold off to a low of $56.29 early on Friday morning before it bounced off that level and rallied higher. The market rallied to a high of $57.77. Th ...
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