Gasoline futures curves are shifting Low distillate stocks supporting ULSD crack spreads Gasoline inventories above the 5-year average Natural gas storage injection below expectations again this week The Matrix In 2008, China hosted the Summer Olympics in Beijing. In...
Distillate fuel oil price action has been muted Refiners increasing diesel production New supply coming from Venezuela Natural gas storage and price action bearish for winter. The Matrix Price action for distillate fuel oils has been range-bound following an initial...
Distillate fuel supply remains very tight Developing heating season could keep situation tight Impact of El Nino less clear than earlier thought Natural gas prices now facing weakness The Matrix There are fewer than thirty days of distillate fuel oil available in the...
Oil industry better positioned to withstand attack on Israel Oil prices now set at open-outcry NYMEX Exchange Alternative oil supplies available, with provisos El Nino points to snowy, warmer winter. The Matrix The attack on Israel this weekend by Hamas was redolent...
Higher oil prices despite economic uncertainty Tight supply evident at Cushing OK pricing point Demand for propane fell noticeably Natural gas prices struggle to break above $3.00. The Matrix New highs were seen in WTI futures last week. Prices soared to $95.03 and...
Crude oil rally now extended, may set back Technical measurements are turning lower 50% price retracement is $79.85 The highest natural gas close since August 10th did not break resistance. The Matrix WTI crude oil topped $90 dollars per barrel for the week...
Crude oil could top $100 per barrel Distillate fuel oil supplies remain tight Change in demand mix inhibits growth of distillate supply U.S. LNG exports continue to grow. The Matrix Petroleum prices moved higher last week. Product prices for the week ending...
U.S. crude oil and gasoline inventory levels lose barrels Alternative sources of supply under pressure The U.S. is a net exporter of petroleum products Intense heat limits accumulation of natural gas in storage. The Matrix Product prices ended the week of September 8...
Domestic crude oil supply closes in on pre-pandemic high Demand for petroleum products is growing rapidly U.S. offsets much of OPEC cuts Economics and climate could be at odds this winter in gas pricing. The Matrix Production of crude oil in the United States stood at...
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....