Recent Commentary

April 25, 2017
The market was selling off again yesterday as the doubts continue to grow about whether OPEC and Russia will continue crude oil cuts and more importan...
April 24, 2017
The OPEC monitoring committee recommended that crude oil producers extend the production cut agreement for six month from its June expiry. The complia...
April 21, 2017
The market is showing a bit of concern that the production cuts made by OPEC and non-OPEC may not be bringing global inventories down. There have been...
April 20, 2017
The DOE reported that crude oil stocks were down 1.034 million barrels, gasoline stocks were up 1.542 million barrels, and distillates were down 1.955...
April 19, 2017
The data on inventory from the API released yesterday afternoon showed that crude oil stocks were down 840,000 barrels, gasoline stocks were reported ...
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