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.

The U.S. decided to end waivers for buyers of Iranian crude oil

April 24, 2019
Recap: Oil prices rose to fresh six month highs after OPEC members said they would raise output only if demand warranted it. This comes on the heels of a U.S. decision to end waivers for buyers of Iranian crude oil. June WTI, the new spot month contract, rose $1.05, to a high of ... Read More
Download

Oil prices reached fresh highs for the year

April 23, 2019
Recap: Oil prices climbed more than 3 percent on Monday, reaching fresh highs for the year, after the U.S. announced that it would no longer issue waivers allowing certain countries to buy Iranian oil without facing sanctions. Many analysts had expected the administration to tigh ... Read More
Download

Oil prices held steady on Thursday

April 22, 2019
Recap: Oil prices held steady on Thursday with spot month futures in WTI unable to sustain itself above $64.00 a barrel and June Brent holding close to $72.00 a barrel. May WTI seesawed in a tight trading range around the unchanged level ahead of the Easter weekend, as traders co ... Read More
Download

Prices gathered support off of strong economic growth in China and an unexpected fall in U.S. crude oil stocks

April 18, 2019
Recap: Brent oil reached a fresh high for the year, trading above $72.00 a barrel for the first time since mid-November, while WTI advanced above $64.00 a barrel to a session high of $64.61. Prices gathered support off of strong economic growth in China and an unexpected fall in ... Read More
Download

Oil prices steadied on Tuesday

April 17, 2019
Recap: Oil prices steadied on Tuesday, as exports from Iran and Venezuela continued to slide and as fighting in Libya increased, raising concern over tightening global supplies. After slipping 41 cents to a session low of $62.99 a barrel, May WTI bounced to a mid-session high of ... Read More
Download

The EIA reported that US shale production is expected to increase to a record 8.5 million bpd in May

April 16, 2019
Recap: The oil market traded lower on Monday on the possibility that Russia may decide to abandon the agreement between OPEC and non-OPEC producers.  The crude market opened down 13 cents at $63.76 and quickly posted a high of $63.84.  The market, however, gave up its gains amid ... Read More
Download

Oil prices rose as cuts in Venezuela and Iran tighten supply

April 15, 2019
Recap:  Oil prices rose on Friday as concerns over tightening supplies increased due to supply cuts from Venezuela and Iran and conflicts in Libya. Adding to the up move was supportive trade data out of China, which reported larger than expected surplus as exports surged. The oil ... Read More
Download

The EIA reported a 7.7 million barrel drop in U.S. gasoline inventories

April 11, 2019
Recap: Gasoline futures surged on Wednesday, hitting a 6 month high after the EIA reported a 7.7 million barrel drop in U.S gasoline inventories. Expectations were calling for a 1.9 million barrel draw. May RBOB futures gained more than 7 cents a gallon, or 3.5 percent, rising to ... Read More
Download

Oil prices slipped from their nearly six month highs

April 10, 2019
Recap: Oil prices slipped from their nearly six month highs after the International Monetary Fund cut its forecast for global economic growth and as Russia signaled it may back out of its production cutting agreement with OPEC. Prices also slipped as global equities fell after th ... Read More
Download

Tensions in Libya combined with ongoing production cuts from OPEC pushed prices higher

April 9, 2019
Recap: Oil prices traded at five-month highs on Monday, as fighting in Libya raised concerns of tightening supplies. For the first since October, WTI traded above $64.00 a barrel, while Brent breached $71.00 a barrel.  Tensions in Libya combined with ongoing production cuts from ... Read More
Download
Displaying results 1241-1250 (of 1562)
 |<  <  121 - 122 - 123 - 124 - 125 - 126 - 127 - 128 - 129 - 130  >  >| 

Search

Tags