Oil & Energy

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EIA reported draws in crude and distillate storage with a build in gasoline. Crude oil inventories drew -405k bbls the government agency said. Cushing drew -961k bbls. US production sat at the new record high of 13.00 mbpd.

Natural gas futures collaped under $2 ahead of the EIA report, last week we saw a bigger than expected draw of  - 92 Bcf in natural gas storage. Ahead we focus on cold weather, LNG and Mexican exports and the winter outlook for the US.

Natural gas futures fell ahead of the EIA report of a bigger than expected draw of  -109 Bcf in natural gas storage last week. Ahead we focus on cold weather, LNG and Mexican exports and the winter outlook for the US.

EIA reported a draw in crude storage and huge builds in gasoline and distillate again. The EIA said Crude oil inventories drew -2549k bbls the government agency said. Cushing rose  +342k bbls. US production at new record high of 13.00 mbpd.

Natural gas futures fell ahead of the EIA report of a bigger than expected draw of  -44 Bcf in natural gas storage last week. Ahead we focus on cold weather, LNG and Mexican exports and the winter outlook for the US.

EIA reported a build in crude storage and huge builds in gasoline and distillate. The EIA said Crude oil inventories built +1164k bbls the government agency said. Cushing fell -821k bbls. US production unchanged at record high of 12.90 mbpd.

Australia exported an estimated record 77.514 million tonnes (Mt) of LNG in 2019, officially now the world’s largest exporter of Liquefied Natural Gas (LNG) overtaking Qatar who is estimated to produce 75Mt in 2019.

Natural gas futures fell ahead of the EIA report of a bigger than expected draw of  -58 Bcf in natural gas storage last week. Ahead we focus on cold weather, LNG and Mexican exports and the winter outlook for the US.

EIA reported a larger draw in crude storage with end of year tax concessions cited,. The EIA also again announced a build in gasoline  Crude oil inventories fell  -5474k bbls the government agency said. Cushing fell -2393k bbls. US production rose 100bpd to the record high of 12.90 mbpd.

EIA reported a larger draw in crude storage with end of year tax concessions cited,. The EIA also again announced a build in gasoline  Crude oil inventories fell  -5474k bbls the government agency said. Cushing fell -2393k bbls. US production rose 100bpd to the record high of 12.90 mbpd.

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