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News Date
Crude rebounds on improved demand outlook
After falling to the low $40s in June, the WTI front-month contract rebounded 8% last week to settle Friday at $46.54/bbl. Crude is trading up today at $46.35 as of 11:20 am after settling at $46.02...
Jul 17, 2017
Word on the street
“The supply story here just continues to weigh,” said Again Capital’s John Kilduff. “It gets pushed off the main stage at times, but it's still lurking and ready to hit prices again.”“We thus...
Jul 17, 2017
July 7-14 Recap:
WTI settled at $43.23/bbl on July 7, while Henry Hub futures closed at $2.86/MMbtu. These prices closed Friday at ?$46.54/bbl and ?$2.98/MMbtu. Last week, WTI was up $3.31, or 8%, while...
Jul 17, 2017
GE Oil & Gas converts Tellurian stock
GE Oil & Gas converted its shares of Houston-based LNG company Tellurian Inc. to common stock, according to an SEC filing. Under the registration rights agreement, GE converted 5,467,851 of the...
Jul 13, 2017
Word on the street - June 26, 2017
“As we see it, it is not the events that are putting pressure on prices, but above all the shift in sentiment, the previous optimism appearing to have virtually evaporated,” Commerzbank...
Jun 26, 2017
June 16-23 Recap:
WTI settled at $44.37/bbl on June 16, while Henry Hub futures closed at $3.04/MMbtu. These prices closed today at ?$43.01/bbl and $2.93/MMbtu. Last week, WTI was down $1.36, or 3%, while natural...
Jun 26, 2017
Crude slumps on US growth & global inventories
The WTI front-month contract for August closed at $43.01 on Friday after closing below $43 on Wednesday and Thursday. As of press time the contract is trading around $43. In the last week, WTI fell...
Jun 26, 2017
Surprise US crude inventory build sends WTI to 1-month low
The WTI front-month contract plummeted on Wednesday, June 7, following the EIA weekly inventory report. The contract closed down more than 5%, or $2.47/bbl, at $45.72. US crude inventories grew 3.3...
Jun 08, 2017
June 1-8 Recap:
WTI settled at $48.36/bbl on June 1, while Henry Hub futures closed at $3.01/MMbtu. These prices closed today at $45.64/bbl and $3.03/MMbtu. Last week, WTI was down $2.72, or 6%, while natural gas...
Jun 08, 2017
Word on the street - May 26, 2017
Price-related commentary heard around the industry “Basically US supply is coming on faster than we anticipated. Now you have a higher inventory level to begin with, and a slower decline....
May 26, 2017

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