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 Market Held Support at its Previous Low and Rallied Higher as the Equities Market Posted Some Gains Early

August 9, 2022
Recap:  The oil market, which looked ready to post an inside trading day, rallied higher late in the session. The market posted a low of $87.22 early in the morning before it bounced higher, despite fears of a recession. The market held support at its previous low and rallied hig ... Read More
Download

Oil Futures Settled Higher on Friday, Recouping Some of the Week's Losses on Strong U.S. Job Growth Data

August 8, 2022
Recap:  Oil futures settled higher on Friday, recouping some of the week’s losses on strong U.S. job growth data, but finished the week at their lowest levels since February, rattle by worries a recession could hit fuel demand. September WTI added 47 cents to settle at $89.01 a b ... Read More
Download

Oil Prices Were Hammered by the Unexpected Increase in U.S. Crude Oil and Gasoline Inventories

August 5, 2022
Recap: Oil futures continued to slide on Thursday, with WTI tumbling below $90 a barrel for the first time since Russia invaded Ukraine six months ago. Oil prices were hammered by the unexpected increase in U.S. crude oil and gasoline inventories. Prices have now fallen by $9 sin ... Read More
Download

Oil Futures Began Wednesday's Trading Session Trading to the Upside but Quickly Plummeted

August 4, 2022
Recap: Oil futures began Wednesday’s session trading to the upside but quickly plummeted after the EIA reported unexpected builds in both U.S. crude oil and gasoline inventories and after OPEC+ said it would raise its oil output target. The fact that gasoline inventories increase ... Read More
Download

Oil Futures Rose about 0.50% on Tuesday, Trimming a Larger Intraday Gain

August 3, 2022
Recap: Oil futures rose about 0.50% on Tuesday, trimming a larger intraday gain, as traders worried that this week's meeting of OPEC+ producers may not lead to a further boost in crude supply. The Organization of the Petroleum Exporting Countries and allies including Russia, know ... Read More
Download

Weak Manufacturing Data in Several Countries Weighed on the Demand Outlook

August 2, 2022
Recap: Oil futures fell sharply on Monday as weak manufacturing data in several countries weighed on the demand outlook while investors braced for this week’s meeting of OPEC and its producer allies on supply. Fears of an economic slowdown grew as factories across the U.S., Europ ... Read More
Download

Baker Hughes Showed that U.S. Drillers Added Crude Rigs for a Record 23 Months in a Row

August 1, 2022
Recap: Oil futures rose by almost 6% on Friday as attention turned to next week’s OPEC+ meeting and dimming expectations that the producer group will boost supply. Gains were pared after Baker Hughes showed that U.S. drillers added crude rigs for a record 23 months in a row, indi ... Read More
Download

U.S. Commercial Crude-Oil Stockpiles Fell by the Most in Nearly Two Months

July 29, 2022
Recap:  Oil prices jumped more than 2% on Thursday, and were up $5 this week after yesterday's EIA report showed US commercial crude-oil stockpiles fell by the most in nearly two months, and gasoline demand surged by 724k bpd to 9.2M bpd. Demand for gasoline is approaching levels ... Read More
Download

The Large Rate Hike Fueled Concerns about the Demand Outlook

July 28, 2022
Recap:  Oil rose by $2 a barrel on Wednesday as a report of lower inventories in the United States and cuts in Russian gas flows to Europe offset concern about weaker demand and the 0.75% U.S. interest rate hike. The large rate hike fueled concerns about the demand outlook and wo ... Read More
Download

Weak Consumer Sentiment Weighed on Fuel Demand

July 27, 2022
Recap: Oil futures shed early gains to trade lower for most of the session as weak consumer sentiment weighed on fuel demand, and as the Biden administration announced more crude sales from its Strategic Petroleum Reserves. This marks the fifth sale that the President has authori ... Read More
Download
Displaying results 431-440 (of 1567)
 |<  <  40 - 41 - 42 - 43 - 44 - 45 - 46 - 47 - 48 - 49  >  >| 

Search

Tags