July 12, 2019

Oil Prices Rise Amid Further Rig Count Decline

By Julianne Geiger – Jul 12, 2019, 12:16 PM CDT The US oil and gas rig count fell by 5 this week, according to Baker Hughes, […]
July 11, 2019

OPEC Giants Slash Crude Prices In New Market Share Offensive

OPEC continues to be one of the main talking points for the oil industry. After the OPEC/OPEC+ agreement to prolong the supply cuts all the way […]
July 10, 2019

Oil Prices Edge Up Ahead Of Crude Inventory Reports

Oil prices were up early on Tuesday as market participants turned their attention to the tension around Iran and OPEC’s extended cuts, awaiting a busy week […]
July 10, 2019

Geopolitical Tensions Put A Floor Under Oil Prices

Geopolitical tensions and OPEC+ cuts appear to have put a floor under oil prices, countering fears of a global economic recession Chart of the Week U.S. […]
July 10, 2019

Increasingly Weak Demand Outlook Caps Oil Prices

Oil demand continues to soften, which could result in a supply surplus in the second half of this year. In its latest Short-Term Energy Outlook, the […]
July 10, 2019

Oil Prices Rise After API Reports Very Large Crude Draw

The American Petroleum Institute (API) reported a huge crude oil inventory draw of 8.129 million barrels for the week ending July 4, compared to analyst expectations […]
July 5, 2019

Oil Prices Set For Worst Weekly Drop In Five Weeks

Concerns about weakening global economy and oil demand growth trumped simmering U.S.-Iran tensions and OPEC and allies’ rollover of the production cuts into 2020, sending oil […]
July 5, 2019

Why Natural Gas Prices Collapsed

U.S. natural gas prices have collapsed since the end of winter, even as inventory levels remain below average levels for this time of year. Henry Hub […]
July 4, 2019

OPEC Slashes Oil Prices In Response To Soft Demand

The new OPEC/OPEC+ production cut agreement is now a confirmed fact, the world’s leading crude producers (the United States excepting) have agreed to prolong the supply […]