Nice summary from Fox Business on the growing importance of American oil production: The U.S. is becoming an increasingly dominant player in the
U.S. refineries running hell-for-leather
Andrew Lebow, senior partner at Commodity Research Group, appeared on BNN to talk about the latest energy inventory numbers. It's no wonder gasoline
Getting There: US Inventory Surplus to Normalize Ever So Slowly
One of the most important fundamental indicators to us are total US stocks excluding the Strategic Petroleum Reserve. US petroleum inventories as the
Worst is yet to come for diesel Part 2
The EIA's recently released Short Term Energy Outlook had some extraordinarily bad news for refiners as far as distillate inventories were concerned.
US Producers: Ready…Set…Sell
In an excellent article, Energy Intelligence concludes that US shale oil is is "not likely to be the main driver of any natural rebalancing. " The
ADD VENEZUELA TENDER AS FACTOR IN SPREAD STRENGTH
Reuters reports that the PDVSA awarded an 8 million barrel tender for light sweet crude to BP and China
Gasoline Demand Flying in China,US and India. Asia gasoline deficit predicted
An interesting article published by Reuters recently speculated that high demand for gasoline by China and India could place Asia into a region of
Calling,Calling,Calling: OPEC “Calls” But Surplus Doesn’t Fall
A handy measure in the oil analysts toolbox is what's known as the " call on OPEC crude", which is basically what remains for OPEC crude production
Gasoline Cracks Live to Fight Another Day For Now
The EIA reported this week that gasoline stocks had assaulted another record high at 255.7 million barrels. Gasoline inventories have built by almost