oil report

With the attacks on Saudi Arabia’s oil facilities sending crude prices sharply higher, today’s focus will be on the WTI and Brent Crude products. The WTI broke out on the news to 63.34 overnight before pulling back when the Trump administration announced it would authorize the release...

A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what's ahead. If you're concerned you've missed some early market movements getting ready for IMO 2020, don't worry; not a lot has happened yet. That doesn't mean to say that the market has been...

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A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what's ahead. The same week that a major Wall Street company put out a report noting that U.S. companies are going to be more disciplined and less focused on rising output for the sake of rising output...

OPEC will meet this coming week after a six-month period in which one could argue the group had racked up a record of success it had not seen in a long time. Then why does it feel like there's a feeling of failure around the Vienna gathering? When OPEC last met in December, the price of crude oil...

A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what's ahead. A recent report by Moody's on the health of the frac sand industry has significant implications for the transportation sector that moves the material around. The report in general was...

A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what's ahead. The size of the increase in price that might be created by the introduction of IMO 2020 is unchanged since January. At least that's the view of the U.S. Energy Information...

  A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what's ahead. Time's just about up. Early next month, the six-month waivers granted to eight countries that allowed them to continue importing Iranian oil despite U.S. financial sanctions...

A weekly look at what occurred in the oil markets of the U.S. and the world this past week. The monthly reports of the International Energy Agency and OPEC, both released this past week, reflect just how much the world's crude oil markets have tightened. The reports contain a massive amount...

A weekly look at what occurred in the oil markets of the U.S. and the world this past week.   One of the fathers of the peak oil movement – the idea that the world was reaching its peak capacity to produce oil before a long decline would begin – was Matthew Simmons, who headed an...

Even when the trade winds are generally strong, there can sometimes be lulls. This morning, the market seems to be awaiting fresh developments on the U.S.-China trade front as negotiators continue meeting in Washington and President Donald Trump is scheduled to meet with Chinese Vice Premier Liu He...

A weekly look at what occurred in the oil markets of the U.S. and the world this past week. Oil can be sweet (low sulfur) or sour (high sulfur). It can be heavy or light, which is pretty much what it sounds like. But this past week, a new term entered the lexicon – infected. And it could...

A weekly look at what occurred in the oil markets of the U.S. and the world this past week. The U.S. Department of Energy (DOE) diesel price, which serves as the basis for fuel surcharges, has gone into significant periods of slumber this year, giving both shippers and carriers a period of relative...

A weekly look at what occurred in the oil markets of the U.S. and the world this past week. OPEC's work is over. Or is it? There were reports this past week that the cuts in OPEC production that began in earnest in December (the same month as the group's meeting where it vowed to cut...

A weekly look at what occurred in the oil markets of the U.S. and the world this past week. Anybody trying to figure out which way oil prices are headed needs to produce some sort of estimate on how to account for Venezuela. What is its production? How much oil is it holding? And can it find a way...