$56.01
-1.09 (-1.91%)
At Close: Jun 04, 2026
U.S. Oil Production - Bakken Will Never Be The Same Again
04:09pm, Friday, 17'th Jul 2020
Since 2017, Bakken has surprised to the upside. But with DAPL stuck in legal court battles and uncertainty around takeaway capacity continuing, Bakken's production base will fall.
OPEC Data Gets More Encouraging
12:17pm, Thursday, 16'th Jul 2020
Oil production continues to fall amongst OPEC nations. The picture still points to a glut for the year if the group is accurate, but there's more to matters than meets the eye.
Saudi Arabia Dead Serious About Pushing Oil Prices Higher
04:02pm, Wednesday, 15'th Jul 2020
The media outlets are botching the OPEC+ agreement to taper cuts. Saudi's crude exports for August will be the same, so despite cuts being tapered, overall supplies will likely remain the same.
Energy Stocks Breakout Following Healthy Consolidation Just As Global Oil Inventories Start To Draw
04:50pm, Tuesday, 14'th Jul 2020
Energy stocks are breaking out today after a month-long consolidation. Unlike the rally we saw in early June where bankrupt stocks were leading the charge, investors are finally differentiating betwee
The Oil Market Is Looking Healthier
09:43am, Tuesday, 14'th Jul 2020
Global oil markets have been plagued with uncertainty in recent months, but the picture is getting clearer.
Crude Oil- Next Stop For OPEC And Russia Is A Taper
09:12am, Tuesday, 14'th Jul 2020
The production cut went a long way to balancing crude oil fundamentals. The end of July is a line in the sand.
Commodity Performance In 2020
06:00am, Tuesday, 14'th Jul 2020
Year-to-date performance through last Friday of several different commodities. Fitting for a year with a pandemic ravaging the globe, vitamin C is in demand as orange juice is actually the top perform
IEA OMR Notes Demand Drop Was Less Than Expected, Paving Way For An Easier Recovery
04:41pm, Monday, 13'th Jul 2020
OECD inventories in May rose far less than people expected, rising only at a clip of 2.64 mb/d. From January to May, the average build has only totaled ~2 mb/d, implying a deficit of 2 mb/d is needed
To Deal Or Not To Deal, That Is The Question...
01:25pm, Sunday, 12'th Jul 2020
While Africa's geological appeal for frontier oil and gas exploration will remain strong relative to other regions, the early 2020 oil price crash will have significant and long-lasting impacts on ups
Weekly Energy Recap: Oil Price Trends Suggest OPEC+ Output Cuts Having Desired Effect
02:14am, Sunday, 12'th Jul 2020
Oil prices have been moving in an extremely narrow band over the last two months. This past week that band was squeezed further from dollars to cents.
USA Exporting More Crude Oil To Asia, But Flows To Europe Could Strengthen In Q3
06:11am, Sunday, 05'th Jul 2020
US expected to play a significant role in the recovery of oil prices over the coming months with their crude oil output falling while demand is rising. This cou
Weekly Energy Recap: Breaking Through $40 Oil
02:06am, Sunday, 05'th Jul 2020
Oil prices have moved in a narrow band for most of the past two months. The OPEC+ output cuts helped balance the market. The second half of the year may witness
U.S. Oil Decline Accelerates In April
11:18am, Saturday, 04'th Jul 2020
Continuous slow decline in oil output from US oil fields from November 2019 to March 2020 and then the sharp acceleration in April and May. Since the current EI
Investors Are Not Alone In Wondering - Where To Next For Oil?
12:23pm, Friday, 03'rd Jul 2020
Supporting bears' position, the latest consumption figures - expected to show rapidly recovering consumption as lockdowns all but ended in many states - have ta
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