In one of our recent articles, we reported that oil and gas companies have reduced planned spending through 2020 by a whopping $1 trillion USD. (See also http://www.cnbc.com/2016/06/15/global-oil-industrys-retrenchment-tops-a-staggering-1-trillion.html). This number is...
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This was a great week for the price of oil, marked by two major occurrences that allowed a bull rally. As of Thursday, West Texas Intermediate (WTI) had gained 11.15% over...
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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, and...
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Oil Fell This week and fell hard. But why? As we discussed last week, I remain bullish on the price of oil over the long-term as I believe supply and demand...
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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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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...
2462 Hits
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...
2370 Hits
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...
2402 Hits
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 amount...
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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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