Oil & Energy

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Crude oil futures stagnated with the collapse of demand with Coronavirus. EIA reported massive builds in crude and gasoline storage and draw in distillate. US production is steady just off record high of 13.10 mbpd.

Natural gas futures were after higher than expected draw of  -29 Bcf in natural gas storage. Ahead we focus on cold weather and the coronavirus effect, LNG and Mexican exports and the winter outlook for the US.

Crude oil futures continue to collapse in the face of the oil price war  and Coronavirus fears crushing demand.. EIA reported a build in crude storage and smaller draws in gasoline and distillate. US production came slightky off the record high of 13.10 mbpd.

The Dallas Fed First Quarter Energy Survey released on March 25, 2020 asked what West Texas Intermediate (WTI) oil price does your firm need to cover operating expenses for existing wells? The coronavirus and Saudi price war has crashed oil prices.

Oil prices have collapsed with Canada's key benchmark under $4, WTI under $20 and Russia under $9. Norway's Rystad Energy says the ‘largest oil supply surplus the world has seen will hit the global market from April.

Natural gas futures were steady after near expected draw of  -9 Bcf in natural gas storage. Ahead we focus on cold weather and the coronavirus effect, LNG and Mexican exports and the winter outlook for the US.

Oil futures fell around 25% to a more than 18-year low on Wednesday as the impact of the Saudi Price War and Coronavirus pandemic caused mass exodus the day after option expiration. iIt was third worst day on record for oil futures.

Crude oil futures continue to collapse in the face of the oil price war  and Coronavirus fears crushing demand.. EIA reported a build in crude storage and large draws in gasoline and distillate. US production new record high of 13.10 mbpd.

Crude oil futures collapsed 25% after the weekend oil price war in the face of Coronavirus fears crushing demand.. EIA reported a large build in crude storage and large draws in gasoline and distillate. US production new record high of 13.10 mbpd.

Saudi Arabia aggressively slashed oil prices Saturday. Divorce can be bitter, especially when it is between two parties like Saudi Arabia and Russia that should have never got married. The collapse of OPEC+ after Russia walked away and said produce as much as you want is the inevitable result of tolerating a cheating spouse

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