Oil & Energy

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Crude oil futures fell again after recovering some from Coronavirus fears after EIA reported a small build in crude storage and draws in gasoline and distillate. The EIA said Crude oil inventories had a build of 415k bbls. Cushing drew -133kk bbls. US production record high of 13.00 mbpd.

Natural gas futures have rallied back near $2, last week we saw a bigger than expected draw of  - 151 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.

Natural gas futures collaped under $2 ahead of the EIA report, last week we saw a bigger than expected draw of  - 1151 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 accelerated lower on Coronavirus fears ahead of EIA reporting a build in crude storage and a draw in gasoline and distillate. The EIA said Crude oil inventories had a build of 7459k bbls. Cushing rose +1668k bbls. US production record high of 13.00 mbpd.

The OPEC Monthly Oil Market Report (MOMR) for February released Wednesday provides OPEC's outlook for crude oil market developments for the coming year with key developments impacting oil market trends in world oil demand and supply.

Natural gas futures collaped under $2 ahead of the EIA report, last week we saw a bigger than expected draw of  - 201 Bcf in natural gas storage. Ahead we focus on cold weather, LNG and Mexican exports and the winter outlook for the US.

Crude oil futures accelerated lower on Coronavirus fears ahead of EIA reporting a build in crude storage and gasoline with a draw in distillate. The EIA said Crude oil inventories had a build of 3548k bbls. Cushing rose +758k bbls. US production 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  - 201 Bcf in natural gas storage. Ahead we focus on cold weather, LNG and Mexican exports and the winter outlook for the US.

Crude oil futures accelerated lower on Coronavirus fears ahead of EIA reporting a build in crude storage and gasoline with a draw in distillate. The EIA said Crude oil inventories had a build of 3548k bbls. Cushing rose +758k bbls. US production record high of 13.00 mbpd.

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.

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