Post Tagged with: "Commodities"

Texas Shale Towns Grapple with Growth as Oil-Bust Fears Fade

Texas Shale Towns Grapple with Growth as Oil-Bust Fears Fade

From Reuters


In west Texas, the center of the U.S. oil boom, about 3,800 students at Permian High School are crammed into a campus designed for 2,500, with 20 portable buildings to help with the overflow.

School officials had expected …

Source: Data Gumbo

Tech Leads U.S. Stocks Higher; Oil Gains 

From Reuters


U.S. stocks gained ground on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in U.S.-China trade talks and increasing geopolitical tensions sent oil prices climbing.…

Crude Markets Watching Geopolitical Tension and Inventory Reports: China

Crude Markets Watching Geopolitical Tension and Inventory Reports: China

China-U.S. trade tension could disrupt economic growth, causing oil demand destruction

U.S. shale ramp-up unlikely due to constraints from limited pipeline capacity

From Xinhua News

HOUSTON, July 8 (Xinhua) — In the week ending July 6, global oil markets closely …

US Net Energy Trade (1990-2050)

United States Powers Up Commodities Exports in 2022

The United States will become a net energy exporter in 2022, according to the newly released Annual Energy Outlook 2018 (AEO2018) Reference case from the EIA.

The cause? EIA says changes in the petroleum and natural gas market are driving …

RBC Examines 3 Paths to Oil Rebalance

RBC Examines 3 Paths to Oil Rebalance

U.S. crude oil stocks at this point in 2017 have dropped below the record highs of 2016. But inventories are still high. So in the face of predicted increasing oil production from shale in 2017, rebalancing inventories will be difficult, …

Global Growth 3%: S&P Market Intelligence

Global Growth 3%: S&P Market Intelligence

Economic Growth – Energy Sector “Punches above its Weight”

In a webinar today that was chaired by S&P Ratings Services economist Satyam Panday, the agency’s market intelligence arm made some predictions based on their current economic models.

growth crane downtown growth small - oil and gas 360Panday said that …

Oil Market Balance will Return by the End of 2017: EIA

Oil Market Balance will Return by the End of 2017: EIA

The dreaded surplus is only 3 days’ production

Global oversupply in the oil market has almost become a curse word in the oil and gas industry. Since the OPEC decision to maintain output levels on November 28, 2014, the industry …

Oil prices turned firmly lower during midday trading on Tuesday. Crude futures were little changed earlier in the session, depressed by a report of record Saudi production but supported by expectations that oil exporters would agree to cut output at an OPEC meeting next week. Oil & Gas 360

Oil, Gas Prices Fall Following Inventory Reports

Oil, Gas Prices Aside, the U.S. Economy, DJIA and Drillers Move Ahead

Oil prices inched lower this morning, with West Texas Intermediate (WTI) and Brent below $54 and $58, respectively. Crude oil inventories increased by 7.3 million barrels, according to …

December 29, 2014 - 4:49 pm Analytics, Commodity Pricing, Oil and Gas 360 Articles
Crude Oil Cuttings for the Week Ended December 12, 2014

Crude Oil Cuttings for the Week Ended December 12, 2014

crude_oil_cuttingsCRUDE OIL INVENTORY/’000 bbls (Week Ended 12/12/14)

Current: 379,942
Actual Build/(Withdrawal): (847)
Economist Average Estimate: (2,213)
Previous: 380,789

Click here for the chart with five year averages.

Click here for an archive of EnerCom’s Inventory Reports


ANALYST COMMENTARY

**All notes …

December 17, 2014 - 4:26 pm Oil and Gas 360 Articles
Bam! It’s Earnings Season Again – Q3’13 Estimates

Bam! It’s Earnings Season Again – Q3’13 Estimates

EnerCom, Inc. compiled third quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 182 E&P and OilService companies in our database.

Click here for the full chart of estimates.

The median OilServices company earnings …

October 16, 2013 - 12:58 pm Analytics, Earnings, Midstream, Oil and Gas 360 Articles