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.

A decline in global equities put pressure on oil prices

July 17, 2020
Recap: A decline in global equities put pressure on oil prices Thursday, just one day after trading at their highest level in four months. Prices also pulled back overnight after disappointing retail sales data out of China. China’s retail sales fell 1.8% year-on-year in June, th ... Read More
Download

Oil futures traded at their highest level in four months

July 16, 2020
Recap: Oil futures traded at their highest level in four months on Wednesday, on the back of the biggest weekly decline in U.S. crude oil inventories so far this year. The higher move came despite the fact that OPEC+ reached an agreement to taper record production cuts starting n ... Read More
Download

OPEC reported global oil demand will increase by a record 7 million bpd in 2021

July 15, 2020
Recap: Oil prices erased early losses on Tuesday, getting support from a weaker U.S. dollar, as traders weighed uncertainty over the next move for OPEC and its allies on production cuts, and a forecast for a weekly decline in U.S. inventories. Traders are still contending with mo ... Read More
Download

Oil prices reversed to the downside as OPEC+ is expected to ease output cuts

July 14, 2020
Recap: After a feeble attempt to trade higher on Monday, oil prices reversed to the downside as OPEC+ is expected to ease output cuts, while the number of confirmed Coronavirus cases continues to tick up. OPEC and its allies are hoping global demand will improve as some economies ... Read More
Download

Oil prices climbed more than 2% on Friday

July 13, 2020
Recap: Oil prices climbed more than 2% on Friday after the International Energy Agency (IEA) bumped up its 2020 demand forecast but record-breaking new coronavirus cases in the U.S. tempered expectations for a fast recovery in fuel consumption. Prices also found support after dat ... Read More
Download

Oil prices fell on Thursday due to concerns over the spread of the coronavirus

July 10, 2020
Recap: Oil prices fell on Thursday as concern that the spread of the coronavirus in the U.S. would be diminished. The recent surge in the number of confirmed case prompted some states to reimpose some restrictions and postpone the lifting of restrictions in other states.  August ... Read More
Download

Oil futures finished at their highest level since March on Wednesday

July 9, 2020
Recap: Oil futures finished at their highest level since March on Wednesday, as U.S. gasoline consumption showed signs of a recovery, but gains were limited due to the rise in the number coronavirus cases and rising U.S. crude oil inventories. Both WTI and Brent posted their four ... Read More
Download

The EIA reported that it raised its 2020 world oil demand growth forecast by 190,000 bpd to 8.15 million bpd

July 8, 2020
Recap: Oil prices ended lower on Tuesday, as the uptick in the number of coronavirus cases and its impact on demand continues to weigh on trader’s minds. In early trading, the market popped due to a higher forecast for demand, and bullish jobs data, but prices gave up gains as fo ... Read More
Download

Oil futures settled mixed on Monday

July 7, 2020
Recap: Oil futures settled mixed on Monday, with U.S. prices pressured by the increase in the number of Covid19 cases, while Brent held firm after Saudi Arabia raised its prices amid optimism that China’s economy is starting to recover. A blockade of oil-producing Libya remains i ... Read More
Download

Both WTI and Brent futures on Thursday marked their highest settlements since March 6

July 6, 2020
Recap: Oil futures settled higher on Thursday, supported by the robust decline in last week’s U.S. crude oil inventories and a fall in U.S. unemployment during the month of June, but the spike in the number of confirmed Covid-19 cases fanned concerns that economic activity will w ... Read More
Download
Displaying results 951-960 (of 1555)
 |<  <  92 - 93 - 94 - 95 - 96 - 97 - 98 - 99 - 100 - 101  >  >| 

Search

Tags