Invesco DB Oil Fund

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  • uploads///Refinery margins
    Macroeconomic Analysis

    Oil Supply and Refinery Margins Concern Crude Tankers

    Refinery margins have fallen throughout most of the world. US Gulf refinery margins for WTI crude lost more than $2 compared to last month’s level.

    By Sue Goodridge
  • uploads///image
    Miscellaneous

    Crude Oil Is Firming: Are Traders Looking for a Breakout?

    US crude oil April futures rose 0.4% in the week ending on February 24, 2017. WTI crude oil April futures closed at $53.99 per barrel on February 24.

    By Rabindra Samanta
  • uploads///Article
    Earnings Report

    Navios Maritime Acquisition fleet enjoys profitable charter rates

    A strong increase in tanker rates is allowing Navios Maritime Acquisition to secure attractive contract periods for its fleet of charters.

    By Katie Dale
  • uploads///US Products supplied
    Macroeconomic Analysis

    Is US Oil Demand Helping Crude Tankers?

    US products supplied for the week ended March 17, 2017, totaled 19,225 Mbpd (thousand barrels per day), 1% less than in the previous week.

    By Sue Goodridge
  • uploads///US Crude Oil Quant
    Miscellaneous

    Is $30 for Crude Oil Coming?

    US crude oil (USO) (OIIL) (USL) (DBO) futures contracts for May delivery closed at $48.24 per barrel on March 21, 2017.

    By Rabindra Samanta
  • uploads///Orderbook
    Macroeconomic Analysis

    Euronav Provided Insights on the Rising Orderbook

    Euronav thinks that the rise in the orderbook is partly due to the Tier 3 legislation on nitrogen oxide emissions. The legislation is applicable from January 2016.

    By Sue Goodridge
  • uploads///Bunker Fuel Prices
    Macroeconomic Analysis

    Time Charter Rates Fell at the End of November

    The time charter rates for one year on VLCCs (very large crude carriers) fell to $43,000 per day on November 25—compared to $45,500 per day the previous week.

    By Sue Goodridge
  • uploads///SI
    Energy & Utilities

    What Are the Short Interest Trends in Whiting Petroleum Stock?

    On June 11, Whiting Petroleum’s (WLL) short interest ratio (short interest as a percentage of float) was ~16%.

    By Keisha Bandz
  • uploads///STOCK
    Energy & Utilities

    Why EQT Stock Fell after Its 3Q17 Earnings

    After EQT’s 3Q17 earnings release on October 26, its stock fell ~1.3%. The stock likely fell due to the 3Q17 revenue miss and fall in natural gas prices.

    By Keisha Bandz
  • uploads///Major producers June
    Miscellaneous

    Crude Oil Futures Hit Multi-Month Highs but S&P 500 Falls

    November US crude oil (DBO)(DWT)(SCO) futures contracts rose 3% to $52.22 per barrel on September 25—the highest level since April 2017.

    By Gordon Kristopher
  • uploads///stock
    Energy & Utilities

    Could Crude Oil Prices Give Chesapeake Stock a Much-Needed Boost?

    Chesapeake Energy (CHK) stock has been choppy in the last few weeks, and its stock has been following the movements in energy prices. Since the beginning of 2017, CHK stock has fallen 28%.

    By Keisha Bandz
  • uploads///Revenue
    Earnings Report

    Tsakos Energy Navigation’s Revenue Fell in 3Q16

    Tsako posted revenue of $109 million in 3Q16—9% lower than last quarter’s revenue of $120 million and 23% lower than $141 million recorded in 3Q15.

    By Sue Goodridge
  • uploads///oil port _
    Miscellaneous

    What Caused the U-Turn in Oil Prices?

    On February 15, 2018, US crude oil’s April 2018 futures rose 1.1% and settled at $61.17 per barrel. On the same day, the US dollar fell 0.6%.

    By Rabindra Samanta
  • uploads///natural gas _
    Energy & Utilities

    What’s the Latest News on Chesapeake Energy Stock?

    Chesapeake Energy (CHK) stock increased 18.5% in the week ending May 15. The stock was supported by higher crude oil prices (DBO) (UCO).

    By Keisha Bandz
  • uploads///p
    Miscellaneous

    Why Did Oil Prices Move Higher?

    On February 22, 2018, US crude oil’s April 2018 futures rose 1.8% and closed at $62.77 per barrel.

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    Will the Energy Sector Enter a Bear Market?

    On March 23, 2017, US crude oil futures contracts for May delivery closed at $47.70 per barrel—an ~0.7% fall over the previous trading session.

    By Rabindra Samanta
  • uploads///NG rigs
    Energy & Utilities

    OPEC Could Pressure US Natural Gas Prices in 2018

    US natural gas rigs rose 35% in the last 12 months, while US natural gas prices (UNG) fell 20% during this period.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Does the Natural Gas Fall Relate to Oil’s Decline?

    Between November 29 and December 6, natural gas (GASL)(GASX)(FCG) January 2018 futures had a correlation of -1.6% with US crude oil January futures.

    By Rabindra Samanta
  • uploads///oil port _
    Miscellaneous

    Analyzing the Weakness in Crude Oil

    On March 8, 2018, US crude oil April 2018 futures declined 1.7% and closed at $60.12 per barrel.

    By Rabindra Samanta
  • uploads///Iraq
    Energy & Utilities

    Kurdistan Referendum: Time to Buy Crude Oil Futures?

    On September 25, 2017, the people in Kurdistan voted in a referendum for independence. As a result, Turkey blocked 500,000 bpd of crude oil exports.

    By Gordon Kristopher
  • uploads///Distillates
    Miscellaneous

    Analyzing US Distillate Inventories and Diesel Prices

    The EIA estimates that US distillate inventories fell by 2.6 MMbbls (million barrels) to 135.4 MMbbls on September 22–29, 2017.

    By Gordon Kristopher
  • uploads///Crude Oil Quant
    Miscellaneous

    Could Crude Oil Prices Fall to $40 in April 2017?

    OECD commercial crude oil and other liquids inventory days of supply could rise in April, possibly pushing oil prices back near $40.

    By Rabindra Samanta
  • uploads///stock trading monitor desk
    Energy & Utilities

    Why Did Oil Prices Fall?

    On March 22, natural gas April 2018 futures declined 0.8% and settled at $2.62 per million British thermal units.

    By Rabindra Samanta
  • uploads///WTI Updays vs down days  mar
    Company & Industry Overviews

    Crude oil gained – supply declined and demand outlook improved

    WTI crude oil prices have been highly volatile in February 2015. Last week, the EIA reported that commercial crude oil inventories rose by 8.4 MMbbls.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Can the US Dollar Limit Oil’s Upside?

    US crude oil futures contracts for May delivery rose 5.5% between March 28, 2017, and April 4, 2017. The US Dollar Index rose 0.9% during that period.

    By Rabindra Samanta
  • uploads///Crude oil rig
    Energy & Utilities

    Why the US Crude Oil Rig Count Is Slowing

    Baker Hughes reported that the US crude oil rig count fell by five to 744 on September 15–22, 2017. Rigs fell for the third straight week.

    By Gordon Kristopher
  • uploads///Iraq
    Energy & Utilities

    Geopolitical Tensions Impact Crude Oil Prices

    On October 3, 2017, Iraq banned selling dollars to Kurdistan’s banks due to the vote in the referendum. Geopolitical tensions could impact crude oil prices.

    By Gordon Kristopher
  • uploads///OPEC spare
    Energy & Utilities

    OPEC’s Spare Crude Oil Production Capacity near 7-Month High

    The EIA estimated that OPEC’s spare crude oil production capacity increased by 60,000 bpd (barrels per day), or 2.8%, to 2.1 MMbpd (million barrels per day) in November 2017 compared with the previous month.

    By Gordon Kristopher
  • uploads///Fleet
    Earnings Report

    Teekay in the Gulf of Mexico: What’s the Ship-To-Ship Business?

    Teekay’s acquisitions complement the company’s ship-to-ship transfer business and expand its presence in the US Gulf of Mexico.

    By Sue Goodridge
  • uploads///crude oil quant
    Miscellaneous

    What Rising Global Oil Inventories Could Mean for Crude Prices

    US crude oil futures contracts for April delivery closed at $47.72 per barrel on March 14, 2017—1.4% lower than the previous day’s closing price.

    By Rabindra Samanta
  • uploads///stock
    Energy & Utilities

    Analyzing Continental Resources’ Stock Performance

    Continental Resources (CLR) stock has been on a consistent uptrend since the beginning of 2018. The stock has risen 12.6% year-to-date.

    By Keisha Bandz
  • uploads///oil
    Macroeconomic Analysis

    Crude Oil Inched Higher ahead of the Brexit Vote

    After showing weakness on June 22 due to the disappointing inventory report, crude oil started Thursday on a positive note.

    By Val Kensington
  • uploads///US distillate
    Energy & Utilities

    US Distillate Inventories Rose for the Eighth Time in 10 Weeks

    US distillate inventories rose by 0.64 MMbbls (million barrels) to 139.8 MMbbls on January 12–19, 2018, according to the EIA.

    By Gordon Kristopher
  • uploads///P
    Miscellaneous

    Analyzing Key Energy Events This Week

    If the EIA (U.S. Energy Information Administration) reports another fall in the US commercial crude oil inventory, it could push oil prices higher.

    By Rabindra Samanta
  • uploads///p
    Miscellaneous

    Key Events for Energy Investors this Week

    The EIA’s “Drilling Productivity” report should be important for crude oil (USO)(DBO)(OIIL) and natural gas (UNG) prices.

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    What We Could Expect for Oil Prices

    Oil rig data The US oil rig count rose by two to 766 in the week ended July 28, 2017. Year-over-year, the oil rig count has surged by more than twofold, with US crude oil active futures gaining 22.7%. Since the high of 9.6 million barrels per day in the week ended June 5, 2015, […]

    By Rabindra Samanta
  • uploads///STOCK
    Energy & Utilities

    Chesapeake Energy’s Stock Fell after 3Q17 Earnings

    After Chesapeake Energy’s (CHK) 3Q17 earnings release on November 2, 2017, its stock fell ~7.6%.

    By Keisha Bandz
  • uploads///STOCK
    Miscellaneous

    Whiting Petroleum Stock Changes Track, Shows an Upward Trend

    Whiting Petroleum stock has returned -25% since the beginning of 2017. It’s underperformed the Energy Select Sector SPDR ETF, which has seen a return of -8.2% during the same period.

    By Keisha Bandz
  • uploads///image
    Miscellaneous

    Crude Oil Falling to $30? Which Oil-Weighted Stocks to Avoid

    On March 27, 2017, WTI (West Texas Intermediate) crude oil May futures closed at $47.73 per barrel, ~0.5% lower than their previous closing price.

    By Rabindra Samanta
  • uploads///Natural gas
    Miscellaneous

    US Crude Oil Didn’t Reach a New 3-Year High

    On April 13–20, 2018, US crude oil June futures rose 1.6% and settled at $68.4 per barrel on April 20. Last week, the US dollar rose 0.6%.

    By Rabindra Samanta
  • uploads///Inventory and price
    Energy & Utilities

    Will the US Dollar and Inventories Impact Crude Oil Futures?

    March US crude oil (DBO) (UWT) futures contracts increased 1.8% to $65.61 per barrel on January 24, 2018.

    By Gordon Kristopher
  • uploads///Oil forecast Dec
    Miscellaneous

    Will Crude Oil Prices Start 2018 on a Positive Note?

    A Reuters survey estimated that Brent and US crude oil prices could average $58.84 per barrel and $54.78 per barrel in 2018.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Is Natural Gas Moving with Oil Prices?

    The correlation between natural gas (GASL)(GASX)(FCG) active futures with US crude oil active futures was 99.8% between December 12 and December 19.

    By Rabindra Samanta
  • uploads///Revenue
    Earnings Report

    Frontline Management’s Outlook for Tanker Rates

    Even though industry tanker rates were strong compared to 1Q15, the company recorded negative growth of -7% in 2Q15 compared to 1Q15.

    By Sue Goodridge
  • uploads///image
    Miscellaneous

    How Harvey and Irma Affected the Futures Spread amid Supply Glut Worries

    On September 12, 2017, US crude oil (DBO) October 2018 futures settled at $2.09 above its October 2017 futures.

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    Oil Futures Spread: Oversupply Concerns Still Loom

    On October 10, 2017, US crude oil (USO) (DBO) (OIIL) November 2018 futures traded $0.46 higher than November 2017 futures.

    By Rabindra Samanta
  • uploads///Iran
    Energy & Utilities

    President Trump Impacts Iran and Crude Oil Futures

    On May 8, President Trump said that the US is exiting the Iranian nuclear deal. He plans to impose new sanctions on Iran.

    By Gordon Kristopher
  • uploads///crude oil quant
    Miscellaneous

    Are US Oil Producers Making Oil’s Rise a Bull Trap?

    US crude oil (USO) (OIIL) (USL) (DBO) futures contracts for May delivery closed at $51.03 per barrel on April 4—1.6% above the previous day’s closing price.

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    US Dollar: Will It Impact Oil’s Upside?

    US crude oil (DBO) (USL) (OIIL) futures contracts for May delivery rose 4.6% between April 4, 2017, and April 11, 2017.

    By Rabindra Samanta
  • uploads///crude oil
    Fund Managers

    Leon Cooperman: Crude Oil Could Reach $70 per Barrel Soon

    Leon Cooperman said, “I think the supply-demand outlook is favorable, and we would not be surprised to see oil reaching $70 a barrel.”

    By Sarah Sands
  • uploads///STOCK
    Energy & Utilities

    How Crude Oil Prices and 2Q17 Earnings Are Driving WLL Stock

    Whiting Petroleum (WLL) stock has been under pressure for most of this year. WLL stock has fallen ~60% since the beginning of 2017.

    By Keisha Bandz
  • uploads///Correlation
    Miscellaneous

    How Energy ETFs Are Correlated to Falling Oil Prices

    At ~65.2%, the VanEck Vectors Oil Services ETF (OIH) showed the highest correlation with US crude oil between April 4–May 4, 2017.

    By Rabindra Samanta
  • uploads///Fleet data
    Company & Industry Overviews

    Tanker Fleet Mixes and Their Effects on Company Performance

    At the onset of 4Q15, tanker rates started to climb as refineries completed their maintenance programs. The rate spike was especially lead by VLCCs.

    By Sue Goodridge
  • uploads///Crude oil supply outage
    Energy & Utilities

    Global Crude Oil Supply Outages Are near a 4-Month High

    Global crude oil supply outages increased by 208,000 bpd (barrels per day) to 1,738,000 bpd in December 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///Chart
    Miscellaneous

    Chart of the Week: Crude Oil Production of Global Majors

    Crude oil (OIIL) (DBO) (USL) prices fell on June 5, 2017, due to geopolitical tensions.

    By Rabindra Samanta
  • uploads///Iraq
    Energy & Utilities

    What Could Drive Crude Oil Prices Higher?

    US crude oil inventories fell 15% from their peak in March 2017 for the week ending November 3, 2017, which helped oil (USO) (UCO) prices.

    By Gordon Kristopher
  • uploads///Brazil Financial Service Sector Outperforms the Overall Market
    Company & Industry Overviews

    Why the Service Sector’s Contribution to Brazil Is Important

    The service sector is the main contributor to Brazil’s GDP and job creation, but it’s currently suffering from structural weakness and poor international performance.

    By Mary Sadler
  • uploads///oil rig _
    Energy & Utilities

    What’s Happening with Whiting Petroleum Stock Recently?

    Whiting Petroleum stock has been surging, rising ~2.8% in the five trading sessions leading up to June 11.

    By Keisha Bandz
  • uploads///p
    Miscellaneous

    What’s Holding Oil Prices below the $50 Mark?

    Between July 28 and August 4, 2017, US crude oil (USO) (DBO) (UCO) September futures fell just 0.3%.

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    US Crude Oil Is above $52: What to Expect in the Future

    WTI (West Texas Intermediate) crude oil May futures closed at $52.24 per barrel on April 7, 2017—a 1% rise from the previous trading session.

    By Rabindra Samanta
  • uploads///Gasoline
    Miscellaneous

    Gasoline and Distillate Inventories Could Boost Crude Oil Futures

    The API reported that US gasoline inventories increased by 1.1 MMbbls (million barrels) on March 23–30, 2018.

    By Gordon Kristopher
  • uploads///BDTI
    Macroeconomic Analysis

    VLCC Rates Rise by 127% Month-over-Month, BDTI Rises 15% YoY

    VLCC rates (very large crude carrier) for the benchmark route Gulf to Japan rose from $49,400 per day last month to $112,100 per day for the week ending October 2, 2015.

    By Sue Goodridge
  • uploads///Rigs
    Energy & Utilities

    Why US Natural Gas Traders Are Tracking OPEC’s Production

    Baker Hughes, a GE company, released its weekly US natural gas rigs report on January 19, 2018. Natural gas rigs increased by two to 189 on January 12–19.

    By Gordon Kristopher
  • uploads///
    Energy & Utilities

    Why natural gas prices are up and oil prices are down

    Natural gas prices have rallied over the past few months while crude prices have dropped from recent highs.

    By Ingrid Pan
  • uploads///Distillates
    Miscellaneous

    US Distillate Inventories Fell for the Third Time in 10 Weeks

    US distillate inventories fell by 3.8 MMbbls or 2.7% to 139.2 MMbbls on January 5–12, 2018. The inventories fell by 29.9 MMbbls or 18% from a year ago.

    By Gordon Kristopher
  • uploads///STOCK
    Miscellaneous

    What’s Up with Whiting Petroleum Stock?

    Whiting Petroleum (WLL) stock showed slight improvement but remained low last week. The stock has returned -32% YTD (year-to-date).

    By Keisha Bandz
  • uploads///OIl weighted stocks
    Miscellaneous

    Are Oil-Weighted Stocks Outperforming Oil’s Recent Fall?

    On February 11, 2016, US crude oil touched a 12-year low. From February 11, 2016, to March 20, 2017, US crude oil active futures contracts rose 86.6%.

    By Rabindra Samanta
  • uploads///market outlook
    Earnings Report

    What Is Teekay Tankers’ Outlook for the Crude Tanker Industry?

    In its first-quarter conference call, Teekay Tankers gave insights on the crude tanker market.

    By Sue Goodridge
  • uploads///image
    Basic Materials

    Why Oil Above $50 is a Concern for Natural Gas Bulls

    The natural gas rig count The natural gas rig count rose by four to 190 in the week ended September 22, 2017. YoY (year-over-year), the natural gas rig count has more than doubled. However, the price of natural gas (BOIL) fell 2.6% YoY. Natural gas production The natural gas rig count has fallen 88.2% from […]

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    Crude Oil Futures: Next Important Resistance Level

    WTI crude oil (UCO) futures closed at $62.01 per barrel on January 4, 2018—the highest level since December 2014. WTI prices rose ~12.4% in 2017.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    How Closely Is Natural Gas Tracking Oil?

    Between November 15 and 22, natural gas (UNG)(FCG) January futures had a correlation of 52.5% with US crude oil January futures.

    By Rabindra Samanta
  • uploads///Crude oil price
    Energy & Utilities

    Refinery Margins and US Oil Production Could Pressure Oil Futures

    The EIA will release its weekly crude oil production data on January 24, 2018. Baker Hughes will release its weekly US crude oil rigs report on January 26.

    By Gordon Kristopher
  • uploads///OPEC spare
    Energy & Utilities

    How OPEC’s Spare Crude Oil Production Capacity Is Recovering

    The EIA estimates that OPEC’s spare crude oil production capacity rose 35,000 bpd (barrels per day) to 2 MMbpd (million barrels per day) in August 2017.

    By Gordon Kristopher
  • uploads///Seasonality Effect of May Month on Crude Oil Inventories
    Miscellaneous

    Does Seasonality Impact the Crude Oil Inventory?

    US commercial crude oil (USO) (UWTI) inventories fell by 3.4 MMbbls (million barrels) compared to the previous week for the week ending May 6, 2016.

    By Rabindra Samanta
  • uploads///US crude oil inventories
    Miscellaneous

    Crude Oil Futures: Is $70 per Barrel Coming?

    December US crude oil futures contracts fell 0.3% to $57.20 per barrel on November 7, 2017. Brent oil futures contracts fell 0.9% to $63.69 per barrel.

    By Gordon Kristopher
  • uploads///STOCK
    Energy & Utilities

    How Concho Resources Stock Reacted to 2Q17 Earnings

    Following Concho Resources’ (CXO) 2Q17 earnings release after the markets closed on August 2, 2017, its stock rose 0.26% in pre-market trading on August 3, 2017.

    By Keisha Bandz
  • uploads///Saudi Production
    Macroeconomic Analysis

    Saudi Arabian Oil Production and Demand Increase

    In June 2015, Saudi Arabian oil production hit a record high of 10.57 mbpd, the highest in the last three decades. In July, oil production fell to 10.36 mbpd, but it was still 4% higher than the same period last year.

    By Sue Goodridge
  • uploads///valuation
    Company & Industry Overviews

    How Does Tsakos’s Valuation Compare to Its Peers and Its Past?

    Tsakos Energy Navigation’s enterprise value to earnings before interest, tax, depreciation, and amortization multiple is 4.7x as of February 18, 2016.

    By Sue Goodridge
  • uploads///WTI upday vs down day
    Company & Industry Overviews

    Crude oil prices gain as supply falls and demand outlook improves

    Crude oil prices settled higher on March 3, 2015, led by supply disruptions in Libya and Iraq as well as an improving demand outlook.

    By Gordon Kristopher
  • uploads///EBITDA
    Earnings Report

    Where Do Analysts See Frontline’s Earnings in Upcoming Quarters?

    Analysts’ EBITDA (earnings before interest, tax, depreciation, and amortization) estimate for 2Q16 is $97 million, a 94% increase from $50 million in 2Q15.

    By Sue Goodridge
  • uploads///Revenue
    Earnings Report

    Analysts Expect a Plunge in Frontline’s 3Q16 Revenues

    Because crude tanker rates are generally strong in the fourth quarter, Wall Street analysts expect Frontline (FRO) to report a rise in revenue to $115.8 million in 4Q16.

    By Sue Goodridge
  • uploads///Brent Crude Oil Prices
    Macroeconomic Analysis

    How Oil Prices Have Been a Boost for the Crude Tanker Industry

    The biggest cost to run a ship is bunker fuel. Low oil prices benefit shipping companies a great deal, as lower costs can increase the bottom line substantially.

    By Sue Goodridge
  • uploads///Stock price and EBITDA
    Earnings Report

    Investors Disappointed with NAT’s Results despite Strong Revenues

    In this series, we’ll look at Nordic American Tankers’ (NAT) 4Q15 results, and we’ll analyze the factors that could affect the company’s revenue and costs in 1Q16. We’ll also analyze NAT’s fleet and its recent investments.

    By Sue Goodridge
  • uploads///Weekly US crude oil production
    Miscellaneous

    Will US Oil Production Pressure Crude Oil Futures?

    February WTI crude oil futures contracts fell 0.9% to $63.73 per barrel on January 16. Brent oil futures fell 1.6% to $69.15 per barrel on the same day.

    By Gordon Kristopher
  • uploads///US crude oil inventories
    Energy & Utilities

    US Crude Oil Production Fell and Boosted Oil Futures

    US crude oil production fell by 290,000 bpd (barrels per day) or 3% to 9,492,000 bpd between December 29, 2017, and January 5, 2018.

    By Gordon Kristopher
  • uploads///US crude oil production
    Energy & Utilities

    Is US Crude Oil Production near an All-Time High?

    US crude oil production rose by 128,000 bpd (barrels per day) or 1.3% to 9,878,000 bpd on January 12–19, 2018, according to the EIA.

    By Gordon Kristopher
  • uploads///CUSH
    Energy & Utilities

    Cushing Inventories Fell 33% from the Peak

    Analysts expect that Cushing crude oil inventories could have declined on January 5–12, 2018. A fall in Cushing inventories is bullish for oil prices.

    By Gordon Kristopher
  • uploads///US crude oil production
    Energy & Utilities

    OPEC Upgraded US Crude Oil Production Figures for 2018

    According to the EIA, US crude oil production increased by 258,000 bpd (barrels per day) to 9,750,000 bpd on January 5–12, 2018.

    By Gordon Kristopher
  • uploads///Baltic Dirty Tanker Index
    Macroeconomic Analysis

    Tanker Rates Exhibit a Counter-Seasonal Trend

    For June, the Baltic Dirty Tanker Index recorded 43% growth on a YoY basis. It was at 1,025. Normally, the tanker rates slowdown in the second quarter.

    By Sue Goodridge
  • uploads///Bunker Fuel Prices_Week
    Energy & Utilities

    Bunker Fuel Prices and Crude Oil Prices Fell in Week 30

    For the week ending July 27, oil prices rose 2%. Oil prices were supported by EIA’s (U.S. Energy Information Administration) weekly report.

    By Sue Goodridge
  • uploads///stock
    Energy & Utilities

    How Has Noble Energy Stock Been Performing Recently?

    Year-over-year, NBL stock has risen ~22.7%, while crude oil prices have surged 46.5% in the same period.

    By Keisha Bandz
  • uploads///Bunker Fuel Prices_Week
    Energy & Utilities

    Where Did Bunker Fuel Prices Head in Week 29?

    On July 12–19, bunker fuel’s average price fell to $478.5 per ton from $504 per ton. The bunker fuel prices at Rotterdam fell to $416 per ton.

    By Sue Goodridge
  • uploads///SI
    Energy & Utilities

    A Look at the Short Interest Trends in Oasis Petroleum Stock

    On July 20, short interest as a percentage of float in Oasis Petroleum (OAS) stock (its short interest ratio) was ~13.01%.

    By Keisha Bandz
  • uploads///Bunker Fuel Prices_Week
    Energy & Utilities

    A Look at Bunker Fuel Prices Last Week

    Between July and July 12, bunker fuel’s average price fell to $504 from $505.25 per ton.

    By Sue Goodridge
  • uploads///DJ basin
    Company & Industry Overviews

    Key Update: Anadarko Petroleum’s DJ Basin Operations

    Anadarko Petroleum’s (APC) DJ Basin upstream operations are to receive $1 billion–$1.5 billion in capex this year. Per Anadarko Petroleum management, free cash flow from the region is expected to surpass $1 billion.

    By Keisha Bandz
  • uploads///Bunker Fuel_Week
    Miscellaneous

    Where Are Bunker Fuel Prices Headed?

    On May 24, the average bunker fuel price was $512.25 per ton compared to $509.25 per ton on May 17.

    By Sue Goodridge
  • uploads///EBITDA
    Earnings Report

    Analysts Estimate a 65% Fall in Frontline’s First-Quarter EBITDA

    Analysts’ EBITDA estimate for Frontline in the first quarter is $33.2 million—a 65% decrease from $97.3 million in the first quarter of 2017.

    By Sue Goodridge
  • uploads///Image
    Energy & Utilities

    Why Geopolitical Factors May Not Ease for Oil Soon

    On April 12, 2018, US crude oil May futures rose 0.4% and closed at $67.07 per barrel, their highest closing level in more than three years.

    By Rabindra Samanta
  • uploads///Bunker Fuel Prices_Week
    Energy & Utilities

    Analyzing Bunker Fuel Prices in Week 12

    On March 22, 2018, the average bunker fuel price was $423 per ton—compared to $413 per ton on March 15.

    By Sue Goodridge
  • uploads///Bunker Fuel Prices_Week
    Energy & Utilities

    Where Did Bunker Fuel Prices Head in Week 11?

    On March 15, 2018, the average bunker fuel price was $413 per ton—compared to $411 per ton on March 8.

    By Sue Goodridge
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