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.

OPEC+ May Be Considering an Even Larger Cut Than Previously Expected

October 5, 2022
Recap:  Oil futures jumped on Tuesday after it was reported that OPEC+ may be considering an even larger cut than previously expected.  An anonymous source reported that the group is considering cuts of up to 2 million barrels per day. As OPEC+ prepares to meet this Wednesday to ... Read More
Download

OPEC and Other Major Producers Considered Reducing Output

October 4, 2022
Recap: Oil futures jumped over $4 a barrel on Monday as OPEC and other major producers considered reducing output by more than 1 million barrels per day to bolster prices with what would be its biggest cut since the start of the COVID-19 pandemic. November WTI traded as high as $ ... Read More
Download

Hurricane Ian and Signs of a Slowing Economy, Pushed WTI Below $80 a Barrel

October 3, 2022
Recap: Weakening demand, exacerbated by Hurricane Ian and signs of a slowing economy, pushed WTI below $80 a barrel on Friday. August personal consumption expenditures price index, including gas and energy increased 0.3% in August, compared with a decline of 0.1% in July. It rose ... Read More
Download

Concerns Over Production Disruptions From Hurricane Ian Subsided

September 30, 2022
Recap: Oil futures finished lower on Thursday as a sharp decline in U.S. stock markets sparked broader risk aversion across asset classes including energy commodities and as concerns over production disruptions from Hurricane Ian subsided. Despite the lower move WTI held above $8 ... Read More
Download

A Mostly Bullish EIA Report Showed Across-the-Board US Inventory Declines

September 29, 2022
Recap:  Oil prices extended earlier gains, after a mostly bullish EIA report that showed across-the-board US inventory declines in the three main categories--crude, gasoline and distillates.The weekly report also showed a 100k bpd drop in US crude production, to 12M bpd. Perhaps ... Read More
Download

U.S. Consumer Confidence is Seeing Some Improvement as Gasoline Prices Decline from Their All-Time Highs in June

September 28, 2022
Recap:  Oil futures bounced off of seven month lows after a report shows U.S. consumer confidence is seeing some improvement as gasoline prices decline from their all-time highs in June. Oil prices also recovered as traders reacted to Russia’s plans to reduce OPEC+ production by ... Read More
Download

Oil Futures Posted Sharp Declines for the Second Straight Sessions

September 27, 2022
Recap:  Oil futures posted sharp declines for the second straight sessions, marking their lowest level since January 3. The market has now fallen by 8.1% over the past two trading sessions and is only about $1 higher from where it began the year.  Global macro risks and energy po ... Read More
Download

WTI Fell Below $80 a Barrel for the First Time Since January Amid Continued Concerns Over Energy Demand

September 26, 2022
Recap:  WTI fell below $80 a barrel for the first time since January amid continued concerns over energy demand, as recession fears gripped financial markets, sinking equities and government bonds, while contributing to a further rise by the U.S. dollar. With inflation running at ... Read More
Download

Oil rose on Thursday in volatile trading focused on Russian oil supply concerns

September 23, 2022
Recap: Oil rose on Thursday in volatile trading focused on Russian oil supply concerns and as the Bank of England hiked interest rates less than some had expected. Russian President Putin’s strong rhetoric pushed the oil market higher early in the session, but this economically t ... Read More
Download

The EIA reported the third weekly rise in U.S. crude supplies

September 22, 2022
Recap: Oil futures fell on Wednesday after the EIA reported the third weekly rise in U.S. crude supplies and on expectations that the U.S. Federal Reserve will once again raise interest rates that may slow demand for energy.  Prices gave up early gains from the possibility of an ... Read More
Download
Displaying results 391-400 (of 1567)
 |<  <  36 - 37 - 38 - 39 - 40 - 41 - 42 - 43 - 44 - 45  >  >| 

Search

Tags