First Trust Energy AlphaDEX Fund

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  • uploads///iran
    Miscellaneous

    Iran’s Crude Oil Production Could Help Crude Oil Bulls

    The EIA estimates that Iran’s crude oil production was flat at 3.8 MMbpd (million barrels per day) in March 2017—compared to February 2017.

    By Gordon Kristopher
  • uploads///gas demand
    Macroeconomic Analysis

    US Gasoline Demand Is Important for Crude Oil Bulls

    The EIA estimated that four-week average US gasoline demand rose by 134,000 bpd (barrels per day) to 9,102,000 bpd from March 10–17, 2017.

    By Gordon Kristopher
  • uploads///supply outage
    Energy & Utilities

    Global Crude Oil Supply Outages Are near a 6-Year Low

    Global crude oil supply outages are near the six-year low. Any fall in the crude oil supply outage could increase the supplies and pressure oil prices.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    How US Consumer Sentiment Affects Energy Commodities

    The US consumer sentiment index was at 96.9 in March’s final reading.

    By Rabindra Samanta
  • uploads///ANR
    Company & Industry Overviews

    What Analysts Recommend for Noble Energy

    Approximately 63% of analysts rate Noble Energy (NBL) a “buy” and 37% rate it a “hold.”

    By Keisha Bandz
  • uploads///Saudi Arabia
    Miscellaneous

    Will Saudi Arabia Cause Colossal Damage for Crude Oil Futures?

    According to the Wall Street Journal, Saudi Arabia’s crude oil production hit 10.7 MMbpd (million barrels per day) in June 2017.

    By Gordon Kristopher
  • uploads///distillate inventories
    Miscellaneous

    US Distillate Inventories Rose for the First Time in 5 Weeks

    US distillate inventories rose by 0.4 MMbbls to 146.7 MMbbls on May 19–26, 2017. Distillate inventories rose 0.3% week-over-week but fell 1.9% YoY.

    By Gordon Kristopher
  • uploads///bbdadfafcbfdfeaabaf
    Macroeconomic Analysis

    Natural Gas Prices Are Volatile Due to Inventory Report

    Natural gas prices fell for the fifth time over the last ten days. Prices fell by 4.6% more on the average down-days than on the average up-days.

    By Gordon Kristopher
  • uploads///OPEC
    Miscellaneous

    Can OPEC and Russia Rescue the Oil Market?

    The EIA estimates that OPEC’s crude oil production rose by 90,000 bpd to 31.71 MMbpd (million barrels per day) in April 2017—compared to March 2017.

    By Gordon Kristopher
  • uploads///Latest Aug
    Energy & Utilities

    Crude Oil: Price Forecasts and Hedge Funds’ Position

    Hedge funds increased their net long positions in US crude oil futures and options by 43,861 contracts or 18.4% to 282,362 contracts on July 25–August 1.

    By Gordon Kristopher
  • uploads///distillate
    Miscellaneous

    Why Did US Distillate Inventories Fall Again?

    June diesel futures contracts rose 2.1% to $1.47 per gallon on May 10, 2017. Prices rose due to the larger-than-expected fall in distillate inventories.

    By Gordon Kristopher
  • 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///bcccfdfdaaeffdc
    Macroeconomic Analysis

    Natural Gas Prices Are Flat Ahead of the EIA’s Report

    December natural gas futures were almost flat at $2.26 per MMBtu on November 12, 2015. The natural gas prices didn’t change.

    By Gordon Kristopher
  • uploads///US production
    Miscellaneous

    Bears Celebrate: US Crude Oil Production Hit 2015 High

    US crude oil production rose 0.3% week-over-week and 5.3% year-over-year. US crude oil production is near the highest level since August 21, 2015.

    By Gordon Kristopher
  • uploads///Saudi Arabia
    Energy & Utilities

    Will Saudi Arabia Remove Excess Oil from the Market?

    Saudi Arabia is expected to cut exports 10% to North Asian refiners in September 2017 due to OPEC’s production cut deal.

    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///opec budgets
    Macroeconomic Analysis

    How Are Oil Prices Squeezing OPEC Members’ Budgets?

    Oil prices have fallen more than 60% since June 2014, which affects the revenue of OPEC countries.

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

    Hedge Funds’ Net Long Positions in US Crude Oil Rose Again

    Hedge funds increased their net bullish positions in US crude oil futures and options rose by 36,834 contracts to 215,488 contracts on July 11–18, 2017.

    By Gordon Kristopher
  • uploads///fbbdfcabedbd
    Macroeconomic Analysis

    Natural Gas Prices Recover Ahead of Inventory Report

    Natural gas prices rose for the sixth time in the last ten days. Prices fell by 4.5% more on the average down days than on the average up days over the same period.

    By Gordon Kristopher
  • uploads///US crude oil inventories
    Miscellaneous

    Will US Crude Oil Inventories Fall for the Ninth Week?

    The API estimated that US crude oil inventories fell by 4.6 MMbbls (million barrels) between May 26, 2017, and June 2, 2017.

    By Gordon Kristopher
  • uploads///cftc
    Macroeconomic Analysis

    Long Positions Fall in the CFTC’s Commitment of Traders Report

    The CFTC’s COT report states that hedge funds reduced their long positions for the week ending January 12, 2016. The net long positions fell by 20,673 contracts to 163,504 contracts during the week.

    By Gordon Kristopher
  • uploads///ebcfcffcbddfe
    Macroeconomic Analysis

    Natural Gas Prices Rose Due to Weather Estimates

    Natural gas futures contracts for December delivery rose by 2.8% on October 30. Natural gas prices rose for the second day due to the cold weather forecast.

    By Gordon Kristopher
  • uploads///distillate
    Macroeconomic Analysis

    US Distillate Inventories Fell for the Fourth Consecutive Week

    The EIA reported that US distillate inventories fell by 2.7 MMbbls (million barrels) to 161.5 MMbbls between February 24, 2017, and March 3, 2017.

    By Gordon Kristopher
  • uploads///UNG ETF
    Macroeconomic Analysis

    Natural Gas Futures Fell by 11% in November 2015

    NYMEX-traded natural gas futures contracts for January delivery fell by 3.8% and closed at $2.21 per MMBtu (British thermal units in millions) on Friday, November 27, 2015.

    By Gordon Kristopher
  • uploads///russia
    Miscellaneous

    Will Russia Support OPEC if Production Cuts Continue?

    On April 28, 2017, the Ministry of Energy of Russia said the country’s oil production fell 300,000 bpd to meet the targeted production cut in April 2017.

    By Gordon Kristopher
  • uploads///OPEC
    Miscellaneous

    Goldman Sachs: OPEC and Russia Could Pressure Oil Prices

    Goldman Sachs (GS) thinks that a rise in production from OPEC, Russia, and the US in 2H18 could lead to renewed oversupply by the end of 2018.

    By Gordon Kristopher
  • uploads///russia
    Miscellaneous

    Russia’s Crude Oil Production Fell in April: What’s Next?

    Russia is the largest crude oil producer in the world. Russia’s production fell by 50,000 bpd to 11 MMbpd (million barrels per day) in April 2017.

    By Gordon Kristopher
  • uploads///Screen Shot    at
    Macroeconomic Analysis

    Natural Gas Prices Are Volatile Due to the Weather Report

    December natural gas futures trading in NYMEX rose by 0.40% on November 4, 2015. Natural gas prices rose due to cooler weather estimates.

    By Gordon Kristopher
  • uploads///forecast June
    Miscellaneous

    Hedge Funds’ Net Bullish Positions on US Crude Oil

    Hedge funds reduced their net bullish positions in US crude oil futures and options by 1,136 contracts to 133,606 contracts on June 20–27, 2017.

    By Gordon Kristopher
  • 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///Distillate
    Energy & Utilities

    Are US Distillate Inventories Bearish for Oil Prices?

    US distillate inventories rose by 1,667,000 barrels or 1.3% to 129.4 MMbbls (million barrels) on November 24–December 1, 2017.

    By Gordon Kristopher
  • uploads///cush
    Macroeconomic Analysis

    Cushing Crude Oil Inventories: More Pain for Oil Prices?

    Market surveys estimate that Cushing crude oil inventories rose from March 3–10. A rise in crude oil inventories could pressure US crude oil prices.

    By Gordon Kristopher
  • uploads///adcaefdfdfdeeacf
    Macroeconomic Analysis

    Natural Gas Prices Fell Due to Weak Demand Cues

    Natural gas futures contracts for December expiry fell by 2.5% on Wednesday, November 11, 2015. Natural gas prices fell due to weak demand cues.

    By Gordon Kristopher
  • uploads///edfddcdbecae
    Macroeconomic Analysis

    Why Did Natural Gas Prices Rise for the Second Day?

    NYMEX-traded natural gas futures contracts for December delivery rose by 1% on November 16. Natural gas prices rose almost 5.5% in two days.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Is the US Dollar’s Fall Helping Oil?

    US crude oil futures contracts for June delivery fell 1.7% between April 11, 2017, and April 18, 2017. The US Dollar Index fell 1.2% during that period.

    By Rabindra Samanta
  • uploads///distillate
    Miscellaneous

    How US Distillate Inventories Affect Diesel and Oil Prices

    The EIA (U.S. Energy Information Administration) reported that US distillate inventories fell by 2.2 MMbbls (million barrels) to 150.2 MMbbls between March 31 and April 7, 2017.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Crude Oil Prices Fell below 200-Day Moving Average

    So far, crude oil prices and broader markets such as the S&P 500 (SPY) (SPX-INDEX) are diverging in 2017. SPY has risen 4.9% YTD (year-to-date).

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Will Crude Oil Prices Hit a New High?

    US WTI crude oil prices were at $54.45 per barrel on February 23—the highest level since June 2015. As of April 10, prices were 2.5% below their high.

    By Gordon Kristopher
  • uploads///gasoline inventory
    Miscellaneous

    US Distillate Inventories Fell for the Tenth Straight Week

    The EIA (U.S. Energy Information Administration) reported that US distillate inventories fell by 2 MMbbls to 148.3 MMbbls on April 7–14, 2017.

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

    OPEC Spare Production Capacity Hit 2017 Low

    The US Energy Information Administration estimated that OPEC’s spare crude oil production capacity fell by 170,000 bpd (barrels per day) to 2.01 MMbpd (million barrels per day) in June 2017.

    By Gordon Kristopher
  • uploads///ANR
    Company & Industry Overviews

    What Are Analysts’ Recommendations for Chesapeake Energy?

    Approximately 22% of analysts rate Chesapeake Energy (CHK) as a “buy” and 59% rate it as a “hold.” The remaining ~19% rate it as a “sell.”

    By Keisha Bandz
  • uploads///bffffbcbacebbacdac
    Macroeconomic Analysis

    Natural Gas Prices Rose Due to Strong Demand

    Natural gas futures for December delivery rose by 4.5% on November 5. Natural gas prices rose due to a lower rise in the natural gas inventory data.

    By Gordon Kristopher
  • uploads///china
    Miscellaneous

    China’s Teapot Refineries Impact the Crude Oil Market

    The demand from China’s teapot refineries is expected to fall between June 2017 and August 2017 due to strict import quotas and tax policies.

    By Gordon Kristopher
  • uploads///ANR
    Company & Industry Overviews

    What Are Analysts Recommending for Chesapeake Energy Now?

    Approximately 22% of analysts rate Chesapeake Energy (CHK) as a “buy,” while 59% rate it as a “hold.” The remaining ~19% rate it as a “sell.”

    By Keisha Bandz
  • uploads///distillate inventory
    Energy & Utilities

    US Distillate Inventories Are at 32-Month Low

    The EIA reported that US distillate inventories fell by 3,359,000 barrels to 125.5 MMbbls (million barrels) or 2.6% between October 27, 2017, and November 3, 2017.

    By Gordon Kristopher
  • uploads///distillates
    Macroeconomic Analysis

    US Distillate Inventories Are near a 7-Year High

    The EIA (U.S. Energy Information Administration) reported that US distillate inventories fell by 0.7 MMbbls to 170.1 MMbbls from February 3–10, 2017.

    By Gordon Kristopher
  • uploads///distillate
    Miscellaneous

    US Distillate Inventories Fell for the Third Straight Week

    The EIA reported that US distillate inventories fell by 1.9 MMbbls (million barrels) to 146.8 MMbbls on May 5–12, 2017.

    By Gordon Kristopher
  • uploads///China
    Miscellaneous

    Is the US Capturing Crude Oil Market Share in China and India?

    India is the third-largest crude oil consumer after the US and China. India is expected to import crude oil from the US by October 2017.

    By Gordon Kristopher
  • uploads///baccdfeddaecbc
    Macroeconomic Analysis

    Natural Gas Prices Fell Due to the Warm Winter Weather Forecast

    December natural gas futures contracts fell by 2.8% on November 2, 2015. Natural gas prices fell due to mild winter estimates and weak demand cues.

    By Gordon Kristopher
  • uploads///oil inventories
    Miscellaneous

    US Crude Oil Inventories Hit a New Record

    The EIA (U.S. Energy Information Administration) reported that US crude oil inventories rose by 1.6 MMbbls to 535.5 MMbbls from March 24–31, 2017.

    By Gordon Kristopher
  • uploads///US distillates
    Energy & Utilities

    US Distillate Inventories Fell for the Fourth Time in 5 Weeks

    The EIA reported that US distillate inventories fell by 1.9 MMbbls (million barrels) to 149.5 MMbbls on July 14–21, 2017.

    By Gordon Kristopher
  • uploads///gas inventories
    Miscellaneous

    US Gasoline Inventories Fell for the Seventh Straight Week

    US gasoline inventories hit 259.1 MMbbls for the week ending February 10, 2017—the highest level ever. Inventories are 8% below their all-time high.

    By Gordon Kristopher
  • uploads///bbdaabfaaafbf
    Macroeconomic Analysis

    Natural Gas Prices Rose More than 5% in the Last 3 Sessions

    December natural gas futures trading in NYMEX rose by 0.3% on November 6, 2015. Natural gas prices rose due to the consensus of rising demand.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    How Energy Commodities Take Cues from the Job Market

    In the week ended May 13, US initial jobless claims reached 233,000. The four-week moving average was at 235,250—at a record low since April 14, 1973.

    By Rabindra Samanta
  • uploads///US crude oil production
    Energy & Utilities

    Will US Crude Oil Production Undermine Crude Oil Futures?

    According to the EIA, US crude oil production increased by 28,000 bpd (barrels per day) to 9,782,000 bpd on December 22–29, 2017.

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

    US and OECD’s Crude Oil Inventories Could Impact Oil’s Price Rally

    US crude oil inventories decreased by 1.1 MMbbls to 411.6 MMbbls on January 12–19, 2018. They also fell ~12% in 2017.

    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

    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///Production and consumption
    Energy & Utilities

    US Natural Gas Production and Consumption Could Impact Prices

    According to PointLogic, US dry natural gas production increased by 0.3 Bcf (billion cubic feet) per day to 75.7 Bcf per day on January 11–17, 2018.

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

    OECD’s Crude Oil Inventories: Trump Card for Crude Oil Bulls?

    The EIA estimates that global crude oil inventories could rise in 2018 and 2019, which is bearish for oil prices.

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

    US Crude Oil Output Hit the Highest Level since May 1971

    US crude output increased by 167,000 bpd to 9.64 MMbpd in October 2017—compared to the previous month. It was the highest level since May 1971.

    By Gordon Kristopher
  • uploads///Refinery demand
    Energy & Utilities

    US Crude Oil Refinery Demand and Imports Impact Oil Prices

    According to the EIA, US crude oil refinery demand rose by 111,000 bpd (barrels per day) to 17.1 MMbpd (million barrels per day) on December 8–15, 2017.

    By Gordon Kristopher
  • uploads///Gasoline inventories
    Energy & Utilities

    US Gasoline Inventories: Bearish Driver for Crude Oil Futures

    The EIA estimated that US gasoline inventories rose by 1.2 MMbbls (million barrels) to 227.7 MMbbls on December 8–15, 2017.

    By Gordon Kristopher
  • uploads///US crude oil production
    Miscellaneous

    Crude Oil Prices: Which Factor Could Change the Trend?

    The EIA estimated that US crude oil production rose by 9,000 bpd (barrels per day) to 9,789,000 bpd on December 8–15, 2017.

    By Gordon Kristopher
  • uploads///Libya crude oil production
    Miscellaneous

    Libya’s Crude Oil Production Is near a 4-Year High

    The EIA estimates that Libya’s crude oil production rose by 20,000 bpd (barrels per day) or 2.1% to 980,000 bpd in November 2017.

    By Gordon Kristopher
  • uploads///OECD crude oil inventories
    Miscellaneous

    Oil Traders Track OECD’s Crude Oil Inventories

    The EIA estimates that OECD’s oil inventories fell by 2.5 MMbbls (million barrels) to 2,953.2 MMbbls in November 2017—compared to the previous month.

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

    Cushing Inventories: Largest Weekly Fall since 2009

    Cushing inventories fell by 3,317,000 barrels to 52.2 MMbbls (million barrels) on December 1–8, 2017, according to the EIA.

    By Gordon Kristopher
  • uploads///gasoline inventory
    Energy & Utilities

    US Gasoline Inventories: Turning Point for Crude Oil Futures?

    US gasoline inventories rose by 5.6 MMbbls (million barrels) or 2.6% to 226.5 MMbbls on December 1–8, 2017.

    By Gordon Kristopher
  • uploads///NG inventory
    Basic Materials

    Unexpected Rise in US Natural Gas Inventories

    The EIA estimated that US natural gas inventories rose by 2 Bcf (billion cubic feet) to 3,695 Bcf on November 24–December 1, 2017.

    By Gordon Kristopher
  • uploads///Gasoline inventory
    Miscellaneous

    Analyzing US Gasoline Inventories and Demand

    The API reported that US gasoline and distillate inventories rose by 9,200,000 barrels and 4,300,000 barrels on November 24–December 1, 2017.

    By Gordon Kristopher
  • uploads///NG rig
    Energy & Utilities

    Production Cut Extension Could Influence US Natural Gas Rigs

    Baker Hughes, a GE company, is scheduled to release its US crude oil and natural gas rig count report on December 1, 2017.

    By Gordon Kristopher
  • uploads///Gasoline inventory
    Miscellaneous

    US Gasoline Inventories Weighed on Crude Oil Futures

    US gasoline inventories rose by 3,627,000 barrels to 214 MMbbls (million barrels) on November 17–24, 2017, according to the EIA.

    By Gordon Kristopher
  • uploads///Major producers June
    Miscellaneous

    How Long Can OPEC Extend the Production Cuts?

    OPEC’s meeting will be held in Vienna on November 30, 2017. Crude oil (BNO) (DBO) (SCO) prices have risen 23% since September 2017.

    By Gordon Kristopher
  • uploads///Suadi
    Miscellaneous

    Saudi Arabia Could Help the Global Oil Market

    Saudi Arabia’s crude oil exports to the US fell to 525,000 bpd in October 2017—the lowest in 30 years. Exports fell due to ongoing output cuts.

    By Gordon Kristopher
  • uploads///NG inventory
    Basic Materials

    Traders Are Tracking US Natural Gas Inventories

    The EIA reported that US gas inventories fell by 18 Bcf (billion cubic feet) to 3,772 Bcf on November 3–10, 2017.

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

    US Crude Oil Production: Bearish Driver for Oil Prices

    The EIA estimates that US crude oil production rose by 25,000 bpd (barrels per day) or 0.3% to 9,645,000 bpd on November 3–10, 2017.

    By Gordon Kristopher
  • uploads///Russia
    Miscellaneous

    Russia’s Crude Oil Exports Could Pressure Oil Futures

    Russia’s energy ministry estimates that the country’s crude oil exports rose 2% or by 160,000 bpd (barrel per day) in the first nine months of 2017.

    By Gordon Kristopher
  • uploads///Cushing
    Miscellaneous

    Cushing Inventories: Bears Could Outcast the Bulls

    The EIA reported that Cushing’s crude oil inventories rose by ~100,000 barrels to 63.8 MMbbls (million barrels) on October 20–October 27, 2017.

    By Gordon Kristopher
  • uploads///supply and demand
    Energy & Utilities

    How Long Will Production Cuts Help the Global Crude Oil Market?

    The global oil supply is expected to average 97.99 MMbpd in 2017, which is 760,000 bpd or 0.8% higher than the oil supplies in 2016.

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

    Surprise Build in US Crude Oil Inventories Helps Crude Oil Bears

    Crude oil inventories rose by 856,000 barrels to 457.3 MMbbls (million barrels) on October 13–20, 2017. The inventories are near a three-week high.

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

    China’s Crude Oil Imports Are near a Record Level

    China’s General Administration of Customs reported that China’s crude oil imports rose by ~1,000,000 bpd to ~9,000,000 bpd in September 2017.

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

    Cushing Inventories Rose for the Ninth Time in 10 Weeks

    The market anticipates that crude oil inventories at Cushing rose from October 6 to 13. Cushing inventories rose for the ninth time in the last ten weeks.

    By Gordon Kristopher
  • uploads///NG consumption
    Basic Materials

    Will US Natural Gas Consumption Drive Prices?

    US natural gas consumption rose by 7.3 Bcf (billion cubic feet) per to 70.37 Bcf per day in July 2017 compared to August 2017.

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

    OPEC’s Crude Oil Production and Exports Impact Crude Oil Prices

    The EIA estimates that OPEC’s crude oil production fell by 150,000 bpd to 32.77 MMbpd (million barrels per day) in August 2017—compared to July 2017.

    By Gordon Kristopher
  • uploads///Cushing
    Miscellaneous

    Cushing Inventories: Bullish or Bearish for Crude Oil Prices?

    A market survey estimates that Cushing crude oil inventories has risen between September 8 and September 15.

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

    Russia’s Crude Oil Production Hit a 1-Year Low

    Russia’s crude oil production averaged ~11.0 MMbpd in 2016—the highest level in 30 years. Russia’s crude oil production could average 11.1 MMbpd in 2017.

    By Gordon Kristopher
  • uploads///US weekly crude oil production
    Miscellaneous

    EIA Upgrades US Crude Oil Production Estimates for 2017 and 2018

    The EIA released its Short-Term Energy Outlook report on August 8, 2017. It estimates that US crude oil production could average 9.35 MMbpd in 2017.

    By Gordon Kristopher
  • uploads///gasoline inventory
    Miscellaneous

    US Gasoline Inventories Fell, Supported Gasoline Oil Prices

    The EIA reported that US gasoline inventories fell 1.1% or by 2.5 MMbbls (million barrels) to 227.7 MMbbls on July 21–28, 2017.

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

    What Do Analysts Expect for Continental Resources?

    Around 33% of the analysts covering Continental Resources’ stock (CLR) have rated it a “buy” while another 33% have rated it a “strong buy.”

    By Keisha Bandz
  • uploads///US gasoline inventories
    Miscellaneous

    US Gasoline Inventories Drive Gasoline and Crude Oil Prices

    The EIA reported that US gasoline inventories fell by 4.4 MMbbls (million barrels) to 231.2 MMbbls on July 7–14, 2017.

    By Gordon Kristopher
  • uploads///Gasoline Inventories
    Miscellaneous

    US Gasoline Inventories and Demand Impact Crude Oil

    On July 5, 2017, the API released its weekly crude oil inventory report. It estimated that gasoline inventories fell by 5.7 MMbbls on June 23–30, 2017.

    By Gordon Kristopher
  • uploads///Gasoline Inventories
    Miscellaneous

    US Gasoline Inventories Could Help Crude Oil Bulls

    The EIA reported that US gasoline inventories fell by 0.6 MMbbls to 241.9 MMbbls on June 9–16, 2017. Inventories rose 1.8% from the same period in 2016.

    By Gordon Kristopher
  • uploads///gasoline demand
    Miscellaneous

    US Gasoline Demand Fell for the Second Straight Week

    The EIA (U.S. Energy Information Administration) estimates that US gasoline demand fell by 48,000 bpd (barrels per day) to 9,269,000 bpd on June 9–16, 2017.

    By Gordon Kristopher
  • uploads///gasoline inventories
    Miscellaneous

    US Gasoline Inventories: More Concerns for Crude Oil Prices

    US gasoline inventories are 7.2% below their all-time high. The expectation of a fall in gasoline inventories could support gasoline prices.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Unemployment Claims Falling: Will Energy Commodities Rise?

    US initial jobless claims fell by 4,000 to 232,000 for the week ending May 13, 2017, based on the US Department of Labor’s report on May 18, 2017.

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    Unemployment Claims Impact Energy Commodities

    US initial jobless claims were at 236,000 for the week ending May 6, 2017, according to the US Department of Labor’s report on May 11, 2017.

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    Could Crude Oil Prices Hit Lows from 2016?

    WTI (West Texas Intermediate) crude oil (FXN) (SCO) (FENY) futures contracts for June delivery are near a five-month low as of May 9, 2017.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Soft GDP Data: How It Impacts Energy Commodities

    According to the Department of Commerce, on April 28, 2017, advance estimates put US GDP growth at 0.70% for 1Q17.

    By Rabindra Samanta
  • uploads///oil inventory
    Miscellaneous

    US Crude Oil Inventories Are 0.6% below Their All-Time High

    The EIA reported that US crude oil inventories fell by 1 MMbbls to 532.3 MMbbls on April 7–14, 2017. US crude oil inventories fell 0.2% week-over-week.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    How Oil Prices Might React to More Rate Hikes

    US crude oil (DBO) (USL) (OIIL) futures contracts for May delivery fell 0.2% between March 14, 2017, and March 21, 2017.

    By Rabindra Samanta
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