by Matt Walker | Aug 28, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Crude oil supplies are being squeezed Oil demand reaches new record U.S. producers diverting funds from Exploration and Development Natural gas recovers The Matrix Exploration and development spending are significant budgetary items for American upstream companies.... read more
by Matt Walker | Aug 22, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Petroleum demand in China slowing Aging workforce a barrier to growth China’s exports of petroleum products on the rise Drought slowing traffic through the Panama canal The Matrix The ascendance of China has been the demand story of this century so far. In 2000,... read more
by Matt Walker | Aug 15, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Global oil demand hits new highwater mark Refinery margins expand as inventories fall Upcoming PADD 1 refinery maintenance supportive of price Possible labor strikes threaten global LNG output The Matrix Global demand growth for oil appeared challenging as 2023... read more
by Matt Walker | Aug 8, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Record crude stock draw mostly due to adjustment Saudi Arabia extends production cuts into September Global distillate stocks are running below average Natural gas prices remain rangebound Sincerely, Elaine Levin, President Powerhouse(202) 333-5380 The Matrix The... read more
by Matt Walker | Jul 18, 2023 | Featured, In the Press
In OPIS News…. Elaine Levin, president of Powerhouse, a market consulting firm, said the lowinventories and backwardation may be leading to more “spec” plays. In addition, the fact that the FCC at Phillips 66’s Bayway, N.J., refinery hasbeen... read more
