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PLS publishes news and analysis impacting oil and gas pricing through its QPi (Pricing) Module. The maroon report is designed to provide active operators, acquirers, explorationists, capital providers and investors the key market and price information they need to be successful.

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News Date
WTI drops more than 3% as US crude stocks continue to grow
Last week the WTI front-month contract fell for a second straight week, down $2.22, or 3.1%, to a Friday close of $69.12/bbl. In the last month, WTI hit a four-year high of more than $76/bbl as...
Oct 22, 2018
Bearish supply & demand data drives WTI down 4%
The WTI front-month contract fell $3.00, or 4%, last week to settle at $71.34/bbl on Friday. A surprise 6.0 MMbbl build in US crude inventories, a 132,000 bo/d increase in OPEC September production...
Oct 15, 2018
WTI closes volatile week up 1.5% after reaching 2018 high
The WTI front-month contract rose $1.09/bbl last week, or 1.5%, to settle on Friday at $74.34/bbl. Trading was volatile during the week with WTI reaching its highest level since 2014 on Wednesday but...
Oct 08, 2018
Predictions of $100 oil return as crude rises 3.5% last week
The WTI front-month contract rose $2.47 last week, or 3.5%, to settle at $73.25/bbl on Friday Sept. 28. News that OPEC and other major oil producers have not changed Vienna Pact production quotas...
Oct 01, 2018
WTI settles up 2.6% to $70.81/bbl ahead of OPEC meeting
The WTI front month contract rose $1.79, or 2.6%, last week to settle at $70.78/ bbl Friday. Prices were pushed upward by declining US crude stocks and falling Iranian exports as the November...
Sep 24, 2018
Large drop in US oil inventories helps push WTI up ~2%
The WTI front month contract rose $1.24/bbl last week to settle at $68.99/bbl on Friday, Sept. 14. Monthly reports by the IEA and EIA as well as US/China trade tensions and upcoming sanctions on Iran...
Sep 17, 2018
WTI drops ~3% after short spike due to TS Gordon
The WTI front-month contract settled down $2.05 last week, or 2.9%, to $67.75/bbl. Prices rose modestly at the start of the week as Tropical Storm Gordon threatened the Gulf of Mexico, but once the...
Sep 10, 2018
WTI continues rebound, tallies gain for a second week in a row
The WTI front-month contract rose $1.08/bbl, or 1.6%, last week to settle at $69.80/bbl on Friday, Aug. 31. This is the second week of gains after WTI settled lower for seven consecutive...
Sep 04, 2018
WTI snaps seven-week losing streak, rising 4.3%
The WTI front-month contract ended last week up $2.81, or 4.3%, to $68.72/bbl, reaching a two-month high and snapping a losing streak of seven consecutive weeks. Yesterday, Monday, Aug. 27, the...
Aug 28, 2018
WTI posts largest weekly decline in five weeks
The WTI front-month contract settled down $1.72/bbl, or 2.5%, to $65.91/bbl last week amid bearish supply data and global growth concerns.On Monday, Aug. 13, WTI fell 43 cents to $67.20/bbl...
Aug 20, 2018

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