Post Tagged with: "Dallas Federal Reserve energy statistics"

Source: Reuters

Oilfield service firms have a bearish outlook for 2020: Dallas Fed

Reuters


With their business outlook worsening, about half of oil field service firms plan to cut spending in 2020, the Federal Reserve Bank of Dallas said on Friday in its quarterly energy survey.

Oil and gas activity and employment dipped …

December 27, 2019 - 2:30 pm Closing Bell Story‎, Energy News, Oilfield Services
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 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, …