OPEC Flirts With Production Freeze

Oil rallied this week based on talks of a possible production freeze by OPEC . . Saudi Energy Minister Khalid Al-Falih stated “We are, in Saudi Arabia, watching the market closely,...
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EIA and OPEC Update Their Short Term Forecasts

On August 9, 2016, the EIA updated their short-term energy outlook. The full report can be found here . Here are some highlights from the report: The EIA estimates that the...
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The Week In Numbers for the Week Ending 8-12-2016

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...
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Is The New Iranian Oil Contract Another Nail in the OPEC Coffin?

Since OPEC’s historic decision in November of 2014 to leave crude output targets unchanged for member countries, thereby causing the price of oil to slide, many commentators have discussed the future...
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Ty’s Take for the Week Ending 8-12-2016

OPEC’s Role in Oil Prices. This week we saw just how volatile the oil markets are and how subject to every whim they can be. Towards the beginning of the week,...
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Short Takes For Week Ending August 12, 2016

Hedge Fund Short Covering Probably Accounts for Recent Rally Crude has rallied a bit over the last two weeks. Hedge funds and other money managers accumulated the equivalent of 374 million...
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Changing Demand For Natural Gas

In By The Numbers for the August 05, 2016, we wrote about an interesting occurrence: a natural gas inventory draw during the middle of summer. As we noted in the August...
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The Week In Numbers for the Week Ending 8-5-2016

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...
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  882 Hits

Ty’s Take For Week Ending 8-5-16

While I normally focus on where the price of oil is going, what I am more interested in this week is the fundamental question so important to all of us to...
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Oil Majors Reported Earnings Last Week

Last week, Major Oil Companies reported earnings. Below is a list of the major oil and gas companies, and what they reported: Eni (NYSE: E): Q2 EPS of -€0.27 ExxonMobil (NYSE:...
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