We got some bearish news on oil this week. First, some refiners stated that they are switching to from summer to winter blend gasoline. Without naming which refiners were switching, Reuters...

Last week, we discussed that 70% of future development is commercially viable when Brent Crude hits $60.00 per barrel. http://www.fsmetals.com/about-us/newsletters/so-what-does-the-price-of-oil-have-to-be-to-turn-this-around This week we got a bit of more good news. Because...

Baker Hughes On July 28, 2016, Baker Hughes announced earnings for Q2 2016. Baker Hughes reported a loss per share of $0.90 which is substantially more than its Q2 2015 loss...

Each week, we strive to provide you a bare bones summary of what happened to the price of WTI, Natural Gas, and Brent Crude. In addition, we summarize the major reports...

What was interesting this week was the market’s overall non-reaction to some news but overreaction (in my opinion) to other news. WTI opened at $46.12 and closed at $45.24 on Monday....