Recent Commentary

May 11, 2017
The propane inventory report showed a bigger build to inventory than the market expected with a build of 1.966 million barrels. The Midwest saw suppli...
May 10, 2017
The inventory released yesterday from the API indicated that crude oil supplies were down 5.8 million barrels to 522.5 million barrels compared to ind...
May 09, 2017
The market has moved down over the three weeks and recently tested new lows and then gave us a bounce. Now there are those speculating that the bottom...
May 08, 2017
The US had 877 rigs in operation last week according to Baker Hughes. Oil rigs increased 6 to a total of 703 rigs. Natural gas rigs increased by 2 to ...
May 05, 2017
Crude oil sold off hard yesterday and overnight around 11 o’clock it took another big dump to $43.80 low and has now rebounded well off those lo...
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