$56.01
-1.09 (-1.91%)
At Close: Jun 04, 2026
Bullish And Bearish Factors In The Crude Oil Market- The Signs Still Point Higher
01:48pm, Wednesday, 02'nd Sep 2020
Consolidation in crude oil continues. The price continues to make marginal new highs.
U.S. June Oil Production Rebounds
04:40am, Wednesday, 02'nd Sep 2020
June's production rebounded from May's low by adding 420 kb/d. May's output was revised up by 15 kb/d from the EIA's July report.
Hurricane Laura Set To Impact Weekly Estimate And Oil Production Average
08:18pm, Tuesday, 01'st Sep 2020
This week's EIA oil storage report will be materially impacted by Hurricane Laura. Platts estimated that ~2.3 mb/d of nameplate refinery capacity was impacted by the storm.
The Death Of U.S. Shale Is Greatly Exaggerated, But It's Crippled For Life
03:12pm, Monday, 31'st Aug 2020
A discussion on US oil production often falls into two extreme camps. The truth is often something in between, but because of a fundamental change in how credit is going to be provided for US shale pr
Oil Update - August 2020
02:19am, Monday, 31'st Aug 2020
For those that are brave enough to invest in energy companies, I suggest sticking with strong, well-capitalized companies that can withstand lower prices for longer periods.
Futures Are Hard - Hurricane Edition
10:17am, Saturday, 29'th Aug 2020
While a lot of us were left scratching our heads on how futures markets could see crude oil go negative back in March, hurricanes give a great example of how futures markets work with different delive
Open Insights: EIA's Weekly Petroleum Report (08/21/20)
09:16am, Friday, 28'th Aug 2020
We review EIA's Weekly Petroleum Status Report for the week of Aug. 21, 2020.
Oil: Global Draws Slow But US Will Lead The Draws Going Forward
05:13pm, Thursday, 27'th Aug 2020
Global storage draws in Q3 have disappointed versus our expectation. China's floating storage situation has not improved and more cat-and-mouse games are being played leading to physical market weakne
Possible Contract Suspensions In Mexico Can Make Pemex Save $650 Million
09:36am, Thursday, 27'th Aug 2020
As companies around the world were cutting investments, revising portfolios, postponing contracts, Pemex took a different approach and stick to the plan to recover the Mexican oil production curve mai
Hurricane Laura Lifts Oil Prices
08:27am, Wednesday, 26'th Aug 2020
The MSCI Asia Pacific Index had reached seven-month highs on Tuesday, but Japan, China, and Australian stocks saw modest profit-taking today.
Weekly Energy Recap: Contrasting Notes - But The Story Is The Same
07:20am, Wednesday, 26'th Aug 2020
The two international oil benchmarks ended the week on contrasting notes, as Brent edged lower after two weeks of gains to $44.35 per barrel, while WTI advanced to $42.34 per barrel.
Funds Dumping Energy Stocks On Climate Policy Will Miss Out On A Multi-Year Bull Run
04:29pm, Monday, 24'th Aug 2020
During the last few months, headlines centered around fund managers dumping energy stocks because of climate change have gained traction.
Oil Prices Have Nowhere To Go But Down From Here
10:57am, Monday, 24'th Aug 2020
Oil prices have almost been stable in August so far. But the question is, where will the markets move from here? There has been a misplaced optimism in play that forced prices to move up; however, upo
Non-OPEC Oil Production Collapses In April
05:17pm, Saturday, 22'nd Aug 2020
Non-OPEC production dropped slowly from a high of 52,646 kb/d in December 2019 to 52,255 kb/d in March 2020.
The Coming Inflation Boom Is Going To Catch A Lot Of People Off Guard
04:12pm, Thursday, 20'th Aug 2020
The current prevailing macroeconomic narrative is that government budget deficits no longer matter and that inflation can be tamed (e.g. MMT).
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