Recent Commentary

January 21, 2019
The Baker Hughes Rig Count was released on Friday and total rigs declined by 25 and oil rigs declined by 21 to a total of 852, the largest one-week de...
January 16, 2019
The inventory report from the private firm API called crude stocks down 560,000 barrels. For today’s DOE inventory report the average outlook fr...
January 15, 2019
In the world of Saudi Arabia’s Energy Minister, Khalid al-Falih all is good in the energy market and it is on track to return to an equilibrium ...
January 14, 2019
The news this morning is relaying trade data from China that was worse than what was expected and that has put pressure on equities.  China repor...
January 11, 2019
Prices consolidated yesterday as the market took a break as it tries to muster up some momentum to push through resistance and continue this advance. ...
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