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.

Oil prices fell on Thursday stemming three straight sessions of gains

August 28, 2020
Recap: Oil prices fell on Thursday, stemming three straight sessions of gains, as traders anticipated a quick recovery for the energy market in the Gulf of Mexico after one of the strongest hurricanes in years made landfall near the heart of the U.S. refining industry. Production ... Read More
Download

The EIA revealed a fifth straight week of declines in U.S. crude oil inventories

August 27, 2020
Recap: Oil futures were mixed on Wednesday, holding on to five month highs as Hurricane Laura forced the shutdown of crude oil output in the Gulf of Mexico and data released by the EIA revealed a fifth straight week of declines in U.S. crude oil inventories. Concern over the coro ... Read More
Download

Oil prices logged their highest finish since early March

August 26, 2020
Recap: Oil prices logged their highest finish since early March, as the energy sector in the Gulf of Mexico prepared for Hurricane Laura, which is expected to reach the area later this week. Oil producers on Tuesday had evacuated 310 offshore facilities and shut 1.56 million barr ... Read More
Download

Oil futures rose Monday as a pair of tropical storms closed in on the Gulf of Mexico

August 25, 2020
Recap: Oil futures rose Monday as a pair of tropical storms, which are expected to make landfall within-days of each other, closed in on the Gulf of Mexico, forcing the shutdown of offshore drilling rigs responsible for more than half of the region’s crude production. Despite thi ... Read More
Download

Baker Hughes reported that the number of U.S. oil rigs rose by 11 to 183

August 24, 2020
Recap: Oil futures traded lower on Friday pressured by enduring concern over the coronavirus and its impact on demand, strength in the dollar and weak economic data out of the Eurozone and Japan added to the pressure.  Prices remained under pressure after Baker Hughes reported th ... Read More
Download

Oil futures pulled back Thursday on lingering concerns regarding demand

August 21, 2020
Recap: Oil futures pulled back Thursday, on lingering concerns regarding demand and as weekly unemployment claims rose in the U.S. The lower move also follows Wednesday’s release of the Fed’s July 28-29 meeting, in which staff economists told policy makers they were lowering thei ... Read More
Download

The EIA report showed a decline in U.S. gasoline inventories

August 20, 2020
Recap: WTI futures were steady on Wednesday, shaking off early losses after gaining support from the EIA report, which showed a decline in U.S. gasoline inventories. Gains were limited however, as demand was down 14% from a year ago, as the pandemic took a bite out of seasonal de ... Read More
Download

Oil futures were pushed lower on Tuesday

August 19, 2020
Recap: Oil traders squared positions ahead of the API report and Wednesday’s meeting between OPEC and its allies, pushing oil futures lower on Tuesday. However, traders were placing bets that the products will outperform crude oil, taking both gasoline and heating oil futures hig ... Read More
Download

Oil prices reversed early losses

August 18, 2020
Recap: Oil prices reversed early losses, as China planned to boost U.S. imports and as OPEC+ members almost fully complied with production cuts last month. The reports of U.S. imports to China implied that tensions between China and the U.S. are not as bad as feared, and that dem ... Read More
Download

The U.S. oil and gas rig count fell by three to a record low of 244

August 17, 2020
Recap: The oil markets continued to wander about in a sideways trading pattern today as traders appear to hold little conviction on the direction of prices here near term, especially as it appears many are absent from trading due to vacations.  Volume this week in the WTI futures ... Read More
Download
Displaying results 901-910 (of 1554)
 |<  <  87 - 88 - 89 - 90 - 91 - 92 - 93 - 94 - 95 - 96  >  >| 

Search

Tags