Stay current on the latest announcements and news from Sprague - including press releases, product spec sheets, and case studies. Download PDF Reader.

Oil prices fell by more than 3% within a 7 minute span on Tuesday

May 9, 2018
Recap: Oil prices had a wild ride on Tuesday, falling by more than 3% within a 7 minute span; with July Brent trading over 100,000 contracts in a 1 hours’ time. This spot contract slipped to a low of $73.10 before regaining traction. June WTI slipped equally as much, falling to a ... Read More
Download

WTI and Brent reached highest levels since 2014

May 8, 2018
Recap: With Iranian tensions keeping traders on edge, WTI shot through $70 a barrel on Monday, while Brent rose above $76 a barrel. Both blends reached their highest level since 2014. The June WTI contract rose to a high of $70.84 a barrel and remained within a 28 cent range up u ... Read More
Download

The US active rig count rose by 9 for the fifth straight week of gains

May 7, 2018
Recap: Oil prices rose for the third straight day, with WTI rising to its highest level since November 2014 and Brent posting its fourth week of gains, as global supplies remain tight and as traders gear up for U.S. President Trump’s decision on the Iranian nuclear deal. Trump’s ... Read More
Download

Enquest announced it had shut down pipeline systems carrying crude oil to its Sullom Voe Terminal in the Shetland Islands

May 4, 2018
Recap: Oil prices rose from early losses after Enquest’s announcement it had shut down pipeline systems carrying crude oil to its Sullom Voe Terminal in the Shetland Islands.  The news broke around 10:00 am EST, sparking a steady, but slow climb of more than 2% in both WTI and Br ... Read More
Download

Iranian concerns and weakness in the dollar lifted prices off of their lows and into a period of sideways trading

May 3, 2018
Recap: Wednesday’s reaction to the 6 million barrel build in U.S. crude oil stocks is strong evidence of underlying concern U.S. President Donald Trump will decide to pull out of the Iran nuclear deal. Just prior to the release of the EIA report, June WTI was trading at $67.11, a ... Read More
Download

Oil prices fell 2.5% as the dollar strengthened

May 2, 2018
Recap: Oil prices fell 2.5% as the dollar strengthened, but found support provided by the possibility that U.S. President Trump would instill sanctions against Iran. In overnight trading, prices made a feeble attempt to trade higher, however, Brent held below $75, while WTI held ... Read More
Download

U.S. drillers continue to add to their active rig count, which is currently set at 824

May 1, 2018
Recap: At the onset of trading, oil prices came under pressure, weighed down by rising U.S. production, as U.S. drillers continue to add to their active rig count, which is currently set at 824, the highest level since March 2015. Light profit taking came into play, pushing June ... Read More
Download

Oil prices reversed gains made on Thursday and Friday

April 30, 2018
Recap: Oil prices moved lower on Friday, reversing gains made on Thursday and Friday. After rising early in the session, prices reversed course as traders, prompted by strength in the dollar and weakness in equities, began to take profits. WTI continues to hover around its 10-day ... Read More
Download

Prices will likely remain on the defensive, while the world awaits US President Donald Trump's decision on Iran

April 27, 2018
Recap: Oil prices peaked in overnight trading as traders weighed in on strong Asian demand, the possibility that the U.S. would once again wage sanctions on Iran, geopolitical risk and OPEC lead production cuts. Despite the retreat from recent highs, the underlying tone remains s ... Read More
Download

Oil prices rebounded along with equities, achieving new highs for the session

April 26, 2018
Recap: The market’s reaction to the surprise build in U.S. crude oil and gasoline stockpiles was short lived, having been overshadowed by geopolitical tensions, heightened demand and OPEC lead production cuts. After a brief run at fresh lows, oil prices rebounded along with equit ... Read More
Download
Displaying results 851-860 (of 936)
 |<  <  82 - 83 - 84 - 85 - 86 - 87 - 88 - 89 - 90 - 91  >  >|