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News Date
Word on the street
“Based on what happened the rest of the week, this will be the last hurrah,” said Again Capital's John Kilduff. “There was a narrative that the OPEC/non-OPEC cuts would be effective and balance the...
Apr 25, 2017
US shale production overshadowing OPEC cuts
The WTI front-month contract rose 33 cents on Tuesday to close at $49.56, following a week of declines. Last week WTI dropped $3.56/bbl due to fear that OPEC cuts have not reduced global surpluses...
Apr 25, 2017
April 14-21 Recap:
WTI settled at $53.18/bbl on April 14, while Henry Hub futures closed at $3.23/MMbtu. These prices closed Friday at ?$49.62/bbl and ?$3.16/MMbtu. WTI was down $3.56, or 7%, while natural gas was down...
Apr 25, 2017
QuickPrice - Word on the street - March 27, 2017
“The dropping of the recommendation to extend cuts in favor of technical review committee is likely to lead to a lot of disappointment and potential further liquidation of long positions by money...
Mar 27, 2017
Oil skids lower as US activity & inventories build
On Friday, March 24, the US oil rig count rose for the 10th week in a row, jumping 21, as rigs were added across various US plays: Permian (+7), Barnett (+1), Cana Woodford (+2), Eagle Ford (+2),...
Mar 27, 2017
March 17-24 Recap:
WTI settled at $48.78/bbl on March 17, while Henry Hub futures closed at $2.95/MMbtu. These prices closed Friday March 24 at ?$47.97/bbl and ?$3.08/MMbtu. For the week, WTI was down 81 cents/bbl, or...
Mar 27, 2017
WTI front month moves sideways in period of low volatility
The WTI front-month contract traded around $54 today as oil settled toward the top of the ~$3 range it has kept since the beginning of December following the OPEC announcement that member countries...
Mar 01, 2017
Feb. 21-28 Recap:
WTI settled at $54.06/bbl on Feb. 21, while Henry Hub futures closed at $2.56/MMbtu. These prices closed yesterday at ?$53.94/bbl and ?$2.77/MMbtu. For the week, WTI was relatively flat, down just 12...
Mar 01, 2017
Jan. 20-27 Recap:
WTI settled at $52.42/bbl on Jan. 20, while Henry Hub futures closed at $3.20/MMbtu. These prices closed Friday at ?$53.17/bbl and ?$3.39/MMbtu. For the week, WTI was up 75 cents/bbl, or 1%, while...
Jan 30, 2017
Quick Price - Word on the street - January 30, 2017
“We have our doubts about how long OPEC compliance can last,” Barclays said."The petroleum markets are bobbing back to the upside on light volume, with the January production cuts from OPEC...
Jan 30, 2017

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