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 futures climbed off of 18-year lows on Tuesday

April 1, 2020
Recap: Oil futures climbed off of 18-year lows on Tuesday after U.S. President Donald Trump and Russian counterpart Vladimir Putin spoke about efforts to fight the spread of the coronavirus and stabilize the crude oil market and after China reported strong manufacturing data. May ... Read More
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Global crude oil prices dropped to their lowest level in 18 years

March 31, 2020
Recap: Global crude oil prices plummeted on Monday to their lowest level in 18 years amid continued concerns over the impact the coronavirus pandemic was having on demand and as the price war between Russia and Saudi Arabia remained unresolved. May WTI fell 6.6%, or $1.42, to set ... Read More
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A fall in prices came despite the passing of a fiscal stimulus package by the U.S. House

March 30, 2020
Recap: Oil prices plunged for the fifth straight week, as a huge drop in global demand, fed by the coronavirus, continues to wreak havoc on the world’s economy. The fall in prices came despite the passing of a fiscal stimulus package by the U.S. House, which is expected to ease e ... Read More
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Crude oil prices pared early gains on Thursday

March 27, 2020
Recap: Crude oil prices pared early gains on Thursday after the U.S. Department of Energy ditched plans to buy oil for the Strategic Petroleum Reserve, and after the head of the IEA said global demand could drop as much as 20 million barrels per day, or 20% of total demand, as th ... Read More
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Crude oil futures rose for the second straight session

March 25, 2020
Recap: Crude oil futures rose for the second straight session, but gains were contained as the coronavirus pandemic’s heavy toll on demand offset hopes for a forthcoming $2 trillion U.S. economic stimulus package. Prices continue to reel from the unexpected price war between Saud ... Read More
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Oil prices slid in early trading on Monday

March 24, 2020
Recap: Oil prices slid in early trading on Monday, with record low U.S. gasoline prices dragging the rest of the complex lower, as the coronavirus pandemic crippled global demand after travel and industrial activity contracted across the globe in a bid to stem the spread of the v ... Read More
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U.S. prices fell as much as 23% after rising 10% earlier in the session

March 23, 2020
Recap: Oil prices slipped on Friday, with U.S. prices falling as much as 23% after rising 10% earlier in the session as economic stimulus plans failed to offset expectation for a steep fall in demand due to the coronavirus pandemic and the ongoing price war between Saudi Arabia a ... Read More
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U.S. prices scored their largest one-day percentage climb on record

March 20, 2020
Recap: Oil prices bounced off their lowest levels in 20 years on Thursday, with U.S. prices scoring their largest one-day percentage climb on record, signals from Russia that it would like to see higher prices, and rhetoric from the Trump administration that it may intervene in t ... Read More
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U.S. crude futures hit an 18-year low

March 19, 2020
Recap: Oil prices plunged on Wednesday, with U.S. crude futures hitting an 18-year low, as governments worldwide accelerated lockdowns to counter the coronavirus pandemic and as the price war between Saudi Arabia and Russia wreak havoc on global fuel demand. April WTI fell $6.58, ... Read More
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Oil prices fell to their lowest in four years

March 18, 2020
Recap: Recession fears pressured oil prices on Thursday, pushing them to their lowest level in four years, as the coronavirus pandemic slowed economic growth and oil demand while Saudi Arabia and Russia kept up their battle for market share. After gaining more than 5% in overnigh ... Read More
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