Recent Commentary

July 17, 2019
The average estimates for today’s DOE inventory update from the survey conducted by Bloomberg is looking for crude oil stocks to be down 3.785 m...
July 16, 2019
Tropical Storm Barry shut down 73% (1.38 million bpd) of crude oil production in the Gulf of Mexico but weakened to a tropical storm as it hit Louisia...
July 15, 2019
A little bullish support for prices came on Friday from the Baker Hughes rig count which reported that 4 crude oil rigs came offline in the US last we...
July 12, 2019
In a Bloomberg update they gave a recap of some numbers that give rise to the indication that the trade war is having its impact on economies around t...
July 11, 2019
The DOE inventory showed a big decline to crude stocks and that set the market off on a big up day. Crude stocks were done 9.50 million barrels way mo...
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