The last few weeks have been an interesting time for oil. On March 09. 2017, we hosted a customer for a Five Star Lunch and Learn presentation. As part of our...
The last two weeks have been a wild ride for oil. In writing the articles for this week, what interested me most was the technical shift that occurred on February 21,...
CERAWeek, the annual industry conference held here in Houston which is discussed more in detail in another article, marked a new level of friendliness and openness between OPEC and U.S. producers...
What a difference a year makes. Or for that matter, a few months. For the last two years, everything we have seen and read has been about how the world is...
In each edition of the Standard, 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...
Well, the last few weeks in oil have been interesting to say the least! Until recently, oil spreads traded in a very narrow range from the beginning of the year forward,...
U.S. oil production forecasts for 2017 and 2018 have been significantly revised upwards due to rising prices and increased production efficiency. The EIA now expects U.S. production to reach 9.53 million...
As the oil industry has come back up so has steel pricing. Although the two have very little connection on a global scale. In fact, steel pricing has varied recently more...
As we have discussed numerous times, the higher cost producers in the oil industry has been making systematic and systemic changes aimed at reducing the cost to produce a barrel of...
Every year, major oil execs meet in Houston to discuss market conditions, the future, and to hob-nob with each other in rich fashion. Last year, the focus was the tension between...