Recent Commentary

November 16, 2017
The DOE inventory report showed that crude oil stocks were up 1.854 million barrels. This was a much bigger difference than the expectations for draw ...
November 15, 2017
The inventory report put out by the private firm API showed that crude oil stocks were up 6.5 million barrels. This was different from the Reuters out...
November 14, 2017
The news today is about the differences between OPEC’s outlook and the International Energy Agency’s outlook for growth and production goi...
November 13, 2017
The market was mixed on Friday and traded both side of positive and negative. At the end of the day the both crude and the product were lower on the d...
November 10, 2017
Saudi Arabia plans to cut its exports by 120,000 bpd in December compared to November, cutting allocations to all regions. Crude exports to the US wil...
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