Recent Commentary

July 17, 2017
On Friday afternoon, oil industry company Baker Hughes released its weekly rig count update. That report showed that overall the total rig count did n...
July 14, 2017
From the IEA monthly report it stated that OPEC’s compliance with the production cut agreements fell in June to its lowest levels in 6 months. O...
July 06, 2017
The industry data released yesterday afternoon about the current snapshot of inventory had crude oil supplies down 5.8 million barrels, and the crude ...
July 05, 2017
Well it feels like the day after a holiday as the news is pretty quiet and it seem like the market and most of us are getting a slow start this mornin...
July 03, 2017
The news that the number of rigs drilling for oil and a fall in US crude oil production was some fundamental news that the bulls welcomed and have bee...
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