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Bullish indicator for oil?

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May 7, 2017 by Jim Colburn Leave a Comment

From Fuel Fix:

“Attendance at the Offshore Technology Conference dropped by 3,000 attendees to its lowest level since the last recession as deep-water drillers, who have not yet felt the budding onshore recovery, stayed away from their industry’s largest convention.

About 65,000 people walked the exhibit halls at NRG Park, down from 68,000 last year and a record 108,000 in 2014, when oil prices passed $100 a barrel.”

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Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

 


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