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.

Oil prices continued to post gains on Tuesday

November 11, 2020
Recap: Oil prices continued to post gains on Tuesday, as hopes that a coronavirus vaccine could be available as early as the end of the year and that the negative impact the virus is having on demand can be reversed. Gains were kept in check by lockdowns in Europe, as well as an ... Read More
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Oil prices experienced their largest daily gain in more than five months

November 10, 2020
Recap: Oil prices experienced their largest daily gain in more than five months, after Pfizer, a multinational pharmaceutical corporation and one of the world's largest pharmaceutical companies, announced promising results for its COVID-19 vaccine. Adding to the higher move were ... Read More
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Oil futures were pressured by the spread of the coronavirus cases

November 9, 2020
Recap: Oil futures fell on Friday, pressured by the spread of the coronavirus cases, which hit a record in the U.S. of 100,000 new cases for the second straight day. As some countries introduce new restrictions on business and consumer activity, worries over their impact on deman ... Read More
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Oil prices fell on Thursday, ending three straight sessions of gains

November 6, 2020
Recap: Oil futures were unable to sustain late morning gains, as attention once again turned to the global increase in the number of coronavirus cases and its impact on demand and economic growth, while traders await the results of the U.S. presidential election. December WTI sli ... Read More
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Oil prices were lifted by a 8 million barrel draw in U.S. crude oil inventories

November 5, 2020
Recap: Oil prices bounced around on Wednesday, lifted by the 8 million barrel draw in U.S. crude oil inventories and, as we await the results of the contentious U.S. presidential race to the White House. A Trump win could be supportive for oil prices, as sanctions against Iran wi ... Read More
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WTI settled at its highest level in a week

November 4, 2020
Recap: Oil futures rose on Tuesday, with WTI settling at its highest level in a week. Gains came, as traders hang on to the prospect that OPEC+ would delay production curbs set to end at the start of the new year, and as the U.S. presidential election reaches its final stretch, s ... Read More
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Oil futures marked their first gain in four sessions

November 3, 2020
Recap: Oil futures erased early losses on Monday, to mark their first gain in four sessions following a rebound in equities ahead of the contentious U.S. presidential election. Adding to the strength in the market were Russian discussions over a possible delay in plans to increas ... Read More
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Oil futures fell for the second straight month on Friday

November 2, 2020
Recap: Oil futures fell for the second straight month on Friday, as the rising number of COVID-19 cases in Europe and the U.S. increased concerns about the outlook for forward demand. Prices were down about 11% from the end of September, as demand concerns led to increased restri ... Read More
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WTI experienced its widest trading range since September 8

October 30, 2020
Recap: Oil futures fell Thursday, as the spiraling number of coronavirus cases triggered tightening restrictions in Europe and the U.S; leading to increasing concerns that the already weak demand for energy would be further impacted. WTI experienced its widest trading range since ... Read More
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The EIA reported the largest weekly increase in U.S. crude oil inventories since July

October 29, 2020
Recap: Oil prices plummeted on Wednesday, with Brent futures sinking to their lowest level in four months, as the number of coronavirus cases continued to climb and after the EIA reported the largest weekly increase in U.S. crude oil inventories since July. The decline in oil pri ... Read More
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