$56.01
-1.09 (-1.91%)
At Close: Jun 04, 2026
Oil - Do Not Discount Permanent Production Loss From Stripper Wells
04:29pm, Thursday, 02'nd Jul 2020
Following the epic collapse in oil prices, there's growing risk that some of the supplies lost from the current shut-in won't make it back. There are currently
Salvaging Energy Independence (Day)
05:56am, Thursday, 02'nd Jul 2020
Nearly one in six executives see U.S. production permanently not reaching pre-pandemic levels of 12.7 million barrels per day. From past experience from intervi
Can Price Reporting Agencies Aim At The Futures Market?
12:39am, Thursday, 02'nd Jul 2020
Ever since that day on April 20, when US crude futures collapsed and prices turned to a negative $40 per barrel, the US oil market has been looking for an alter
Oil Outlook: 2020 And Beyond
08:35am, Wednesday, 01'st Jul 2020
Falling Rig counts help build the bullish case. US oil production should fall significantly in 12 months. Bloated inventories and tepid demand means that price
Examining Midstream Contracts Amid Slowing Volumes
08:00am, Wednesday, 01'st Jul 2020
In general, the companies that have reported average contract life provide some assurance that midstream companies can continue to benefit from the contracts in
Dallas Fed Survey Results: Oil Execs Production And Consumption Expectations
01:37pm, Tuesday, 30'th Jun 2020
Oil excecutives expect WTI prices around $40 at year-end 2020. U.S. drilling unlikely to return to pre-Covid-19 levels through 2021. Global oil consumption unli
Crude Oil Almost Fills The Gaps - Demand Needs To Keep Increasing
08:19am, Tuesday, 30'th Jun 2020
Progress in filling the gap in WTI- The weekly does the trick. The same move in Brent futures. OPEC, Russia, and other producers extend the cuts. US output is n
The Oil Market Could Shift Into Supply Deficit By The Fourth Quarter Of This Year
10:35am, Monday, 29'th Jun 2020
Based on OPEC's estimate, which some might consider to be somewhat conservative, global oil demand is set to reach over 96 mb/d by the fourth quarter. Global su
Oil Update - June 2020
12:59am, Monday, 29'th Jun 2020
Given the current environment, OPEC+ might continue their cuts into August. Investors with longer-term horizons should consider the stocks of well-managed and w
Weekly Energy Recap: Prices Remain In Narrow Band
03:53am, Sunday, 28'th Jun 2020
Oil demand is improving, but the uneven pace of the rebound has created challenges. On a monthly basis, Brent has been moving in a narrow range between $38 and
Non-OPEC Without U.S. On Production Plateau
03:13pm, Saturday, 27'th Jun 2020
This post updates Non-OPEC production to February 2020. However, we are now in late June 2020 and the effects of the plunge in the price of WTI, which began on
Clouds Gather For Oil, Stocks, And Gold In The Short Term - David Brady (June 26, 2020)
11:12am, Saturday, 27'th Jun 2020
Beginning with the fundamental backdrop, we're seeing an increasing number of headlines and states signaling a resurgence of COVID-19, or Wave 2, and talk of re
Focusing On Fundamentals: Oil Price Update And Outlook
08:00am, Friday, 26'th Jun 2020
The unprecedented demand impact from the global shutdown following COVID-19 required a similarly unprecedented supply response from OPEC and its counterparts. A
FERC 2020 Oil Pipeline Index Review: Nonevent Or Headache?
08:00am, Wednesday, 24'th Jun 2020
The impact of the March 2018 policy revision from the FERC has largely played out, except for the impact on oil pipelines. FERC indicated in 2018 that it would
Can Hard-Hit U.S. Oil Resume Exports To China?
01:18am, Wednesday, 24'th Jun 2020
Before the pandemic, China was the second-largest market for American oil exports, after Canada. However, as the Chinese market shrunk, US companies diverted oi
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