Oil & Gas Market Update Week Ending May 11, 2018

Tuesday, May 15th, 2018

Crude Oil: Crude started the week by breaching the $70 level for the first time since November 2014. Over the weekend there was news from Iranian President Hassan Rouhani that … Read More

 

Oil & Gas Market Update Week Ending May 4, 2018

Monday, May 7th, 2018

Crude Oil: Crude opened the week trading slightly lower, but reversed course on Iran concerns. WTI posted a late-day rally following reports from Israeli intelligence which raised concerns that Iran … Read More

 

Oil & Gas Market Update Week Ending April 27, 2018

Wednesday, May 2nd, 2018

Crude Oil: Crude began the week under pressure as the rally over the last two weeks looks to be a bit overdone as technical overbought indicators were calling for a … Read More

 

Oil & Gas Market Update Week Ending 4-13-2018

Tuesday, April 24th, 2018

Crude Oil: Geopolitics ruled the week! Following a sharp sell-off last week on escalating trade tensions between China and the U.S., traders returned Monday to the belief that cooler heads … Read More

 

Oil & Gas Market Update Week Ending 3-29-2018

Tuesday, April 3rd, 2018

Crude Oil: The holiday-shortened week began with little fundamental news in the crude markets. Crude took a breather after posting strong gains last week. Market watchers remain focused on two … Read More

 

Oil & Gas Weekly Market Update March 23, 2018

Thursday, March 29th, 2018

Crude Oil: The week began with little fundamental news in the crude markets, and like many recent trading sessions, prices took direction from stocks and currencies. Given the lack of … Read More

 

Oil & Gas Weekly Market Update ~ March 9, 2018

Tuesday, March 13th, 2018

The U.S. has been a net energy importer since 1953, but in the EIA’s latest Annual Energy Outlook 2018 Reference case, the group projects the U.S. will become a net … Read More

 

Supertankers Gearing Up to Bolster US Crude Exports

Thursday, March 8th, 2018

With oil production hitting record highs, supertankers may represent a solution to the accelerating US export needs. In February of 2018, the first supertanker capable of carrying 2-million barrels of … Read More

 

U.S. a Net Energy Exporter by 2022 Declares EIA

Thursday, February 22nd, 2018

Extraction of crude and natural gas from shale fields across the United States continues to defy industry projections. Today, these production increases, the ability now to export crude, and the … Read More

 

Randy Kenworthy Oil & Gas 2017 & Q417 Market Update

Tuesday, February 13th, 2018

Oil and Gas 4Q17 Report Highlights Crude oil moves up and flips into steep backwardation while natural gas prices remain pressured across the forward strip Geopolitical risks and concerns over … Read More