Post Tagged with: "Commodity Prices"

EIA: WTI to Average $56 per Barrel in 2015

EIA: WTI to Average $56 per Barrel in 2015

West Texas Intermediate is expected to average $5 less than Brent for 2015-2016chart

The Energy Information Administration (EIA) released its Short Term Energy Outlook (STEO) for the month of May, showing prices for both Brent and West Texas Intermediate …

June 9, 2015 - 4:08 pm Commodity Pricing, Oil and Gas 360 Articles
Oil Price Witches’ Brew

Oil Price Witches’ Brew

May’s uncanny price stability, Iraq production growth, OPEC’s unknowns and shale’s “Fracklog” all competing for visibility in global petroleum’s crystal ball

West Texas Intermediate (WTI) oil prices have ranged from $57.26 to $60.93 for the entire month of May, offering …

May 27, 2015 - 3:32 pm Commodity Pricing, Oil and Gas 360 Articles, Popular
Natural Gas Breaks $3 but Could Fall Again Soon

Natural Gas Breaks $3 but Could Fall Again Soon

Prices up on EIA report

Natural gas prices climbed above $3.00 per MMBtu yesterday for the first time since mid-January. Natural gas prices jumped about 4.1% to as high as $3.02 Thursday, following the release of the Energy Information Administration’s …

May 15, 2015 - 6:30 pm Commodity Pricing, Oil and Gas 360 Articles
EIA Reference Case:  Brent Prices will Stay Below $100 through 2028

EIA Reference Case: Brent Prices will Stay Below $100 through 2028

Government Energy Arm Releases 2015 Annual Energy Outlook

The Energy Information Administration (EIA) released various energy-related projections through the year 2040 in its yearly release of the Annual Energy Outlook (AEO). In the 2015 edition, the EIA made five rather …

WTI Dips to Six Year Low

WTI Dips to Six Year Low

The price of West Texas Intermediate (WTI) maintained weeks of stabilization before falling below $44/barrel on March 16, 2015 – the lowest since a price of $42.33 on March 11, 2009.

WTI exceeded $50/barrel earlier in the month as the …

March 16, 2015 - 5:46 pm Commodity Pricing, Oil and Gas 360 Articles
Oil Prices Could Fall Again – Goldman Sachs

Oil Prices Could Fall Again – Goldman Sachs

Goldman Sachs estimates near-term WTI prices could fall to $40 per barrel

Oil prices could give back gains seen over the past few weeks, falling as low as $40 per barrel, according to Goldman Sachs. West Texas Intermediate (WTI) oil …

March 9, 2015 - 5:07 pm Commodity Pricing, Oil and Gas 360 Articles
OPEC: Too Close to Call - Oil & Gas 360

Oil Prices may have Found the Bottom – OPEC Secretary General

OPEC Secretary General al-Badri says oil prices may have found the floor, but warns of future spikes

Abdulla al-Badri, Secretary General of OPEC, thinks oil prices have reached their bottom and may start rising soon. He warned that under-investment now …

January 26, 2015 - 6:26 pm Commodity Pricing, Oil and Gas 360 Articles, OPEC
Source: EnerCom, Inc. Data: Bloomberg

Chart of the Week: WTI Price: Where it’s Been, Where’s it Going?

The price of West Texas Intermediate (WTI) crude has taken the oil and gas industry for a wild ride since June. From north of $105, so far we’ve rocketed down the first hill of the rollercoaster and we’re still screaming …

January 15, 2015 - 6:03 pm Chart of Week, Commodity Pricing, Oil and Gas 360 Articles
Chart of the Week: Natural Gas Pricing Forecast

Chart of the Week: Natural Gas Pricing Forecast

Oil  Gas 360 Chart of the Week EnerCom Natural Gas Pricing ForecastAs indicated by EnerCom’s Natural Gas Roundup inventory report, gas levels fell in line with five year averages for the first time in nearly a full calendar year in the report issued on December 12, 2014. Storage levels were as …

December 22, 2014 - 6:56 pm Analytics, Chart of Week, Oil and Gas 360 Articles
A rig site in North Dakota

Oil Prices Reach Five Year Low; ConocoPhillips Dials back 2015 Expenditures by 20%

Oil prices slid sharply in Monday trading, dropping by more than 4% to close at a five-year low of $63.02. Brent prices fell in similar fashion, ending the day below the $66.00 mark.

Spot prices for WTI have dropped by …

December 8, 2014 - 6:56 pm Commodity Pricing, Exploration and Production (E&P), OPEC
Hedge Funds on Pace for Most Closures since 2009

Hedge Funds on Pace for Most Closures since 2009

December, the final month of 2014, may be a proverbial light at the end of the tunnel for hedge funds. The year has not been kind to hedge-fund land, as CNBC explained in an October article:

First, they have …

December 3, 2014 - 6:45 pm 360 Company Releases, Commodity Pricing, Finance
Oil Prices and the Knee-Jerk Reaction from Upcoming OPEC Meeting

Oil Prices and the Knee-Jerk Reaction from Upcoming OPEC Meeting

The West Texas Intermediate (WTI) spot price sank to a four year low on November 25, 2014, closing at $73.86. The Brent price settled at $78.17. The drops for both benchmark prices wiped out gains made in recent days and …

November 25, 2014 - 6:40 pm Commodity Pricing, Finance, Oil and Gas 360 Articles
Most Economic Basins at Today’s Oil/Gas Prices

Most Economic Basins at Today’s Oil/Gas Prices

In October, OAG360 examined the internal rate of return (IRR) in two of America’s key shale basins – the Eagle Ford (EF) and Bakken. EnerCom’s analysis showed the Eagle Ford is more economic than its rival basin by a handful …

November 19, 2014 - 6:46 pm Commodity Pricing, Oil and Gas 360 Articles
Bam! It's Earnings Season Again – Q4'12 Estimates

Bam! It's Earnings Season Again – Q4'12 Estimates

EnerCom, Inc. compiled fourth quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 191 E&P and OilService companies in our database. Click here for the full chart of estimates.

The median OilService company earnings …

January 17, 2013 - 9:23 pm Analytics, Earnings, Midstream, Oil and Gas 360 Articles