Recent Commentary

September 18, 2018
Overnight President Trump announced tariffs on $200 billion of Chinese goods. The Chinese responded that they will retaliate. The initial reaction of ...
September 17, 2018
Baker Hughes reported on Friday that the number of rigs drilling for oil in the US increased for the second consecutive week. Drillers added seven oil...
September 14, 2018
The fall in prices yesterday was helped by a report from the IEA stating that falling currency values in key developing economies are raising the pric...
September 13, 2018
The inventory report had crude oil stocks down 5.30 million barrels and the crude stocks at Cushing, Ok were down 1.24 million barrels. Gasoline stock...
September 12, 2018
The inventory update from the private firm API released yesterday had crude oil stocks down 8.6 million barrels and the outlook for today’s DOE ...
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