Recent Commentary

September 20, 2017
API issued its weekly inventory report yesterday afternoon, which showed crude oil stocks up by 1.4 million barrels, gasoline stocks down 5.1 million ...
September 07, 2017
The inventory report issued by API has crude up 2.8 million barrels, gasoline down 2.5 million barrels and distillates down 603,000 barrels. Crude ...
September 06, 2017
Russia and Saudi Arabia did have a discussion about extending the OPEC/non-OPEC output cut agreement. They said that no specific decisions have been m...
September 05, 2017
The Baker Hughes Rig Count showed that the US had 943 total rigs in operation. There were 759 oil rigs unchanged from last week, 183 gas rigs, up by 3...
September 01, 2017
Harvey dropped more than 4 feet of rain in the Houston area which is a 1 in 1,000 year event. This is what makes it really hard know the impact and ho...
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