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  • Oil Context Weekly (W38)

    From commoditycontext.com

    Flat Prices were range bound and generally directionless through most of the week, but mounting bearish macro sentiment caught up with the barrel and pressed prices steeply lower on Friday to their lowest level since January. Calendar Spreads reflected the general bearishness of crude’s week and both the prompt spread and the bellwether Dec22/Dec23 spread ended the week lower, though remain notably backwardated and still a decent way off from a sign of substantial worry (yet). Inventories data added further downside weight to the barrel, as high frequency stock data reported builds across all major regions (US, ... (full story)

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    G7 Leaders’ Statement

    From whitehouse.gov|Sep 23, 2022|9 comments

    We, the Leaders of the Group of Seven (G7), strongly condemn the sham referenda that Russia attempts to use to create a phony pretext for changing the status of Ukrainian ...

    Global Fuels Market Outlook

    From ihsmarkit.com|Sep 23, 2022

    Global refined oil product markets are on track to remain tight until mid-decade, with the global downstream industry facing significant near-, medium- and long-term challenges, ...

    Energy Market Commentary: Larry Shover, 9/23/22

    From youtube.com/cmegroup|Sep 23, 2022

    WTI touches eight-month lows on economic concerns, weak risk assets, a strong USD and eurozone PMI data. Larry Shover examines.

    •   Newer Stories
    US Permian Gas Surge Set to Upend Once-Tight Regional Basis

    From energyintel.com|Sep 24, 2022

    The Permian Basin’s bounty of associated gas might be a curse for any supply holder coveting a tight basis to the Henry Hub. And as more gas flows east from the West Texas play, ...

    Fiona slams Canada's Atlantic coast, knocking out power for thousands and damaging homes

    From cnn.com|Sep 24, 2022

    Hurricane-strength Fiona is ripping through Canada's eastern seaboard after making landfall in Nova Scotia early Saturday, slamming the area with fierce rain and winds and ...

    Biden-Harris Administration Announces $4.9 Billion to Deploy Infrastructure Necessary to Manage and...

    From energy.gov|Sep 24, 2022

    The U.S. Department of Energy (DOE) today announced a nearly $4.9 billion set of funding opportunities to bolster investments in the carbon management industry and to ...

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  • Story Stats
  • Posted: Sep 24, 2022 12:02am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 188
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