Post Tagged with: "Dallas Fed"

Texas Economic Activity Sharply Falls in Wake of COVID-19

Texas Economic Activity Sharply Falls in Wake of COVID-19

Dallas Fed


Oil & Gas 360 Publishers Note: The entire country has been changed forever due to the shutdown. The Dallas Fed has some great numbers to review, but does not totally cover the impact of the oil prices and

May 7, 2020 - 8:25 am Economy, Energy News, Jobs
Emerging-Market Economies Face COVID-19 and a ‘Sudden Stop’ in Capital Flows

Emerging-Market Economies Face COVID-19 and a ‘Sudden Stop’ in Capital Flows

Dallas Fed


Emerging-market capital inflows dramatically declined in response to the rapid spread of the coronavirus (COVID-19). A rise in global risk at a time of investor risk aversion led to a rapid flight from emerging-market assets.

While most aggregate …

April 14, 2020 - 2:30 pm Closing Bell Story‎, Economy, Feature Stories, Finance
Source: dallasfed.org

U.S. energy sector cutting spending, jobs amid pandemic: Dallas Fed survey

Reuters


The U.S. energy sector is slashing capital spending and jobs as business activity plunged and the outlook has turned “extremely pessimistic” amid the coronavirus pandemic, a survey by the Dallas Federal Reserve Bank of oil and gas companies showed …

Source: Federal Reserve Bank of Dallas

Dallas Fed: Oil Companies Need $50 per Barrel to Break Even

Average breakeven fell 4% over the past year
With the price of oil in a pretty constant state of volatility as of late, the breakeven point for crude is an important number to keep in mind.

According to the Federal

Texas oil production - Oil & Gas 360

Midland Basin Leads Oil & Gas Breakevens at $47

The Federal Reserve Bank of Dallas has released its slide show updating leading indicators in the oil and gas industry.

The bank’s upstream survey respondents pegged breakeven prices for new wells in the nation’s basins in a range from $47

Courtesy of RSP Permian

New Dallas Fed Data: Extraction Employment Growth Hits the Brakes, Drilling Activity Flattens, Permian DUC Count Rises

From the Federal Reserve Bank of Dallas

The Federal Reserve Bank of Dallas has published its latest Energy Indicators report with pipeline constraints leading the news. Report follows.

Pipeline limitations are driving down local prices for oil and natural gas, …

Oil & Gas 360

World Will Rely on Shale for Future Production Growth: Kaplan

Dallas Fed chief sees global energy markets retaining “fragile equilibrium” during the next few years

Kaplan said that because of the recent years’ reduced investments in large offshore and oilsands projects that can take many years and many millions up …

Texas Oil and Gas Employment at Highest Level Since 2015

Texas Oil and Gas Employment at Highest Level Since 2015

The oil and gas sector in Texas remained strong through March according to the Dallas Fed’s new report. Prices for WTI crude oil rose slightly in March, staying close to $63 per barrel and oil production in the Permian Basin …

Dallas Fed’s Mine Yücel talks about Global Oil & Gas Output and the Goldilocks Price for 2018

Dallas Fed’s Mine Yücel talks about Global Oil & Gas Output and the Goldilocks Price for 2018

The Federal Reserve Bank of Dallas is populated with smart people who track the comings and goings of all the factors affecting the energy industry, not just in Texas but globally.

Dallas Fed SVP and Research Advisor Mine Yücel discussed …

Permian Basin Economic Indicators

Permian Basin Economic Indicators

The Federal Reserve Bank of Dallas reported that wages in the Permian Basin fell for the second quarter in a row after spiking in first quarter 2017. The rig count and crude oil production rose in January, the Fed said.…

Texas Economic Activity, Oilfield Hiring Up: Dallas Federal Reserve

Texas Economic Activity, Oilfield Hiring Up: Dallas Federal Reserve

Activity in the Eleventh Federal Reserve District’s energy sector gained momentum in the fourth quarter of 2017, according to the Dallas Fed Energy Survey. The business activity index—the survey’s broadest measure of business conditions—climbed over 10 points to 38.1, with …

Dallas Fed Report: With Brent Futures in Backwardation, Could Market See Near Term Oil Demand Outpacing Supply?

Dallas Fed Report: With Brent Futures in Backwardation, Could Market See Near Term Oil Demand Outpacing Supply?

The Federal Reserve Bank of Dallas released its monthly report of energy-related economics, based on the bank’s September data.

Dallas Fed: Backwardation for Brent

“The Brent futures curve went into backwardation (downward sloping) through year-end 2019 on Sept. 25, 2017, …