Recent Commentary

May 15, 2019
The inventory report from the API said that crude stocks were up by 6.8 million barrels. That is a much higher level than the average estimate for tod...
May 14, 2019
The news of 2 tankers and 4 commercial vessel being attacked near the Strait of Hormuz over the weekend sent energy prices sharply higher in early tra...
May 13, 2019
Gasoline and ULSD NYMEX futures are up roughly $0.04 cents per gallons this morning as Saudi Arabia reported early today that two oil tankers and 4 co...
May 09, 2019
President Trump said that China had broken the deal that was made in the trade talks. The President plans to increased tariffs on $200 billion of Chin...
May 08, 2019
The inventory update from the API said that crude oil inventories built by 2.8 million barrels putting total stocks at 469.2 million barrels. Crude oi...
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