Video: Ty's Take - 2019 Oil Market Projection

The oil industry is facing numerous headwinds heading into 2019. Find out where Ty thinks oil markets are headed in 2019 - the good, the bad, and the rest. A thorough analysis of what is causing the dip in oil prices, what could lift the price back up, and what effect the current market situation will have for those of us in the oilfield services i...
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Ty's Take: 2019 Oil Market Outlook

Merry Christmas!Thank you for taking the time to read this article on our market outlook for 2019.I wanted to write this article because I see very contradictory opinions as to where oil markets are headed in 2019.And, I've had a few of our customers call and ask me for my impressions of the market now and going forward.So, I thought I would send o...
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U.S. Oil Data May Create False Impression

Every week many of us pour over numbers.  We look at the “rotary” rig count data from Baker-Hughes, API Inventory reports, and EIA reports.  That’s in addition to the monthly reports out of OPEC, the...
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OPEC Cuts Appear To Be Working

Finally!  Over the past few weeks we have started seeing some inventory draws as reported by the EIA in its weekly assessment of U.S. Inventories.  And that is good news indeed.  Because many people, the...
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So When Will Markets Rebalance?

Over the past several weeks, a fundamental shift has appeared to happen in markets and in oil market commentators.  While there are certainly still skeptics concerned about market rebalance who continue to cite surging shale...
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