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 Crude Market Traded Mostly Sideways in Overnight Trading Before it Began its Sell Off

June 1, 2023
Recap:  The oil market continued to trend lower on Wednesday following some weak data from China. The crude market traded mostly sideways in overnight trading before it began its sell off. The market, which posted a high of $69.69 in overnight trading, sold off to a low of $67.03 ... Read More
Download

The Physical Market for Crude Signaled that Supplies are More Than Enough to Meet Demand

May 31, 2023
Recap:  The oil market sold off on Tuesday as the physical market for crude signaled that supplies are more than enough to meet demand. Bloomberg reported that WTI’s June-July cash roll fell to a discount of 30 cents/barrel, indicating lower demand for barrels being delivered in ... Read More
Download

The Oil Market Posted an Inside Trading Day Amid the Uncertainty of an OPEC+ Supply Cut

May 30, 2023
Recap:  The oil market posted an inside trading day amid the uncertainty of an OPEC+ supply cut at its meeting this week and the ongoing debt ceiling negotiations. The market posted a low of $71.49 in overnight trading but bounced off that level and traded to a high of $73.05 by ... Read More
Download

The Oil Market on Thursday Retraced Nearly all of its Gains Earlier This Week

May 26, 2023
Recap:  The oil market on Thursday retraced nearly all of its gains seen earlier this week as Russia downplayed the prospect of further OPEC+ production cuts at its meeting next week. The market traded mostly sideways and posted a high of $74.37 in overnight trading. However, the ... Read More
Download

The Oil Market on Wednesday Continued to Trend Higher Following a Large Unexpected Draw in Crude Oil Stocks

May 25, 2023
Recap:  The oil market on Wednesday continued to trend higher following a large unexpected draw in crude oil stocks and a warning from the Saudi Energy Minister on Tuesday that raised the prospect of further OPEC+ production cuts. The market traded higher overnight following the ... Read More
Download

The Market Awaited News on Further Debt Ceiling Negotiations

May 24, 2023
Recap:   The oil market continued to trade within its two-week trading range as the market awaited for news on further debt ceiling negotiations. The market traded towards the upper end of the range on optimism that the U.S. would avoid a debt default and a warning from Saudi Ara ... Read More
Download

The market rebounded as traders awaited the resumption of U.S. debt ceiling talks

May 23, 2023
Recap: The oil market on Monday traded higher after the market rebounded as traders awaited the resumption of U.S. debt ceiling talks. The market breached its previous low of $70.63 and traded to a low of $70.55 in overnight trading before it bounced off that level and rallied hi ... Read More
Download

The Oil Market on Friday Posted an Outside Trading Day Following Thursday's Inside Trading Session

May 22, 2023
Recap:  The oil market on Friday posted an outside trading day following Thursday’s inside trading session. The market traded mostly sideways overnight before it breached its previous highs and posted a high of $73.40 by mid-morning amid the market’s cautious optimism over the fa ... Read More
Download

The Market Awaits the Outcome of the Debt Ceiling Negotiations

May 19, 2023
Recap:  The oil market on Thursday posted an inside trading day as the market awaits the outcome of the debt ceiling negotiations. Early in the session, the market posted a high of $72.87 before it found some selling pressure amid the strength the dollar and increasing expectatio ... Read More
Download

Optimism Over the Debt Ceiling Negotiations Outweighed a Build in Crude Stocks

May 18, 2023
Recap:  The oil market posted an outside trading day as the market bounced off its lows and rallied over $2 as optimism over the debt ceiling negotiations outweighed a build in crude stocks. The oil market continued to trend lower in overnight trading and posted a low of $70.04 f ... Read More
Download
Displaying results 221-230 (of 1559)
 |<  <  19 - 20 - 21 - 22 - 23 - 24 - 25 - 26 - 27 - 28  >  >| 

Search

Tags