Guggenheim S&P 500® Equal Wt Energy ETF

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  • uploads///NG prices
    Macroeconomic Analysis

    Behind the Natural Gas Price Forecasts for 2016 and 2017

    In its March report, the EIA stated that the US natural gas supply-demand gap could average 2.89 Bcf per day in 2016 and rise to 4.05 Bcf per day in 2017.

    By Gordon Kristopher
  • uploads///Crude Oil Prices and Inventory Spread
    Miscellaneous

    Why Could Oil Inventories Pressure Crude Oil Prices?

    The relationship between crude oil inventories and crude oil prices is inverse. Crude oil prices bottomed out in early 2016.

    By Rabindra Samanta
  • uploads///oil producers
    Macroeconomic Analysis

    Will OPEC Successfully Implement Its Production Cap Plans?

    An OPEC meeting is scheduled for November 30, 2016, in Vienna. The meeting could provide details about the quota system for OPEC members.

    By Gordon Kristopher
  • uploads///prod
    Earnings Report

    Inside Chesapeake Energy’s 1Q16 Operational Highlights

    Chesapeake Energy’s total production volume in 1Q16 was 672.4 Mboepd . This represents a YoY rise of ~1%, adjusted for asset sales.

    By Keisha Bandz
  • uploads///oil producers
    Macroeconomic Analysis

    Market Moves Focus to OPEC Meeting in November

    Crude oil prices rose 12% in August 2016, partially due to speculation around OPEC’s attempts to cap output.

    By Gordon Kristopher
  • uploads///rev
    Earnings Report

    What Are the Trends in Anadarko’s Revenue and Profit Margins?

    Anadarko Petroleum’s (APC) revenue rose ~16.2% YoY (year-over-year) in 4Q16. In comparison, its YoY revenue growth was -35% in 4Q15 and 12% in 3Q16.

    By Keisha Bandz
  • uploads///us production
    Macroeconomic Analysis

    Crude Oil Prices Fell below the 200-Day Moving Average

    Crude oil prices were $50–$54 per barrel between December 2016 and early March 2017. Prices broke below $50 per barrel on March 9, 2017.

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

    Libya’s Crude Oil Production: Bears Could Control Oil Prices

    Libya’s crude oil production was at 1,030,000 bpd in July 2017. Production has risen ~60% from its levels in January 2017.

    By Gordon Kristopher
  • uploads///crude oil forecast
    Macroeconomic Analysis

    Will Crude Oil Prices Breach $60 per Barrel in 1H17?

    Goldman Sachs expects Brent crude oil to average $58 per barrel in 2H17. Likewise, it expects WTI crude oil prices to average $57.50 per barrel.

    By Gordon Kristopher
  • uploads///Distillate production
    Miscellaneous

    US Distillate Inventories Fell for the First Time in 5 Weeks

    The fall in distillate inventories supported diesel and crude oil futures on June 28, 2017. US diesel futures rose 1.4% to $1.43 per gallon on June 28.

    By Gordon Kristopher
  • uploads///image
    Macroeconomic Analysis

    Crude Oil Reverses as US Dollar Hits 14-Year High

    February WTI (West Texas Intermediate) crude oil (PXI) (XOP) (XES) (IEZ) (ERX) (USL) (ERY) futures contracts fell 2.6% and settled at $52.33 per barrel on January 3, 2017.

    By Gordon Kristopher
  • uploads///oil producers
    Energy & Utilities

    Will Oil Producers’ Meeting Support Crude Oil Prices in September?

    OPEC producers will be meeting at an energy forum in Algeria from September 26–28, 2016. Crude oil prices are up by 16% so far in August 2016.

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

    Crude Oil Futures Near 7-Week High

    September US crude oil (RYE) (VDE) (BNO) futures contracts rose 3.3% to $47.8 per barrel on July 25, 2017.

    By Gordon Kristopher
  • uploads///OPEC expected oil production
    Macroeconomic Analysis

    Reality Check: Major Oil Producers’ Output Cut Plans

    Crude oil prices have risen ~15% since November 2016 due to the expectation that major oil producers’ production cuts would curb oversupply in the market.

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

    What to Expect from Libya’s Crude Oil Production in September

    The EIA estimates that Libya’s crude oil production fell by 145,000 bpd (barrels per day) to 860,000 bpd in August 2017—compared to the previous month.

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

    Record US Crude Oil Production Weighs on Oil Prices

    The EIA reported that US crude oil production increased by 2,000 bpd (barrels per day) to a record high of 10,725,000 bpd on May 11–18.

    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///Major oil producers
    Macroeconomic Analysis

    Producers’ Production Cut Deal: Will the Extension Happen?

    Crude oil (IEZ) (RYE) (USO) (XOP) prices rose ~16% between November 15, 2016, and March 6, 2017, due to major oil producers’ production cut deal.

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

    US Crude Oil Production Achieved a New Record

    The EIA released its weekly US crude oil production data on May 2. It reported that US crude oil production increased by 33,000 bpd (barrels per day) to a record high of 10,619,000 bpd.

    By Gordon Kristopher
  • uploads///us production
    Macroeconomic Analysis

    US Crude Oil Production Hit a 13-Month High

    US crude oil production is at the highest level since February 2016. The rise in crude oil production pressured crude oil prices on March 8, 2017.

    By Gordon Kristopher
  • uploads///dcbebebcbdbed
    Macroeconomic Analysis

    Why Natural Gas Prices Have Fallen by 4.6% in the Last 3 Days

    Natural gas prices fell for the third-consecutive day on November 19, 2015, due to long-term oversupply concerns and rising natural gas inventories.

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

    Will US Crude Oil Futures Fall from 4-Month Highs?

    WTI (West Texas Intermediate) crude oil (RYE) (VDE) futures hit $26.21 per barrel on February 11, 2016—the lowest level in more than a decade.

    By Gordon Kristopher
  • uploads///Libya
    Miscellaneous

    How Long Will Nigeria’s Supply Disruption Help Oil Prices?

    Crude oil prices rose on June 9, 2017, due to the supply outage in Nigeria. Rebels damaged the Trans Niger pipeline in Nigeria, which caused a leak.

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

    OPEC and Non-OPEC Meeting Could Drive Crude Oil Futures

    August US crude oil futures contracts rose 0.4% and closed at $44.4 per barrel on July 10. Brent crude oil futures rose 0.4% to $46.8 per barrel.

    By Gordon Kristopher
  • uploads///gasoline inventory
    Macroeconomic Analysis

    Gasoline Inventories and Consumption Impact Crude Oil Prices

    The EIA reported that US gasoline inventories rose by 2.8 MMbbls to 259.1 MMbbls from February 3–10. US gasoline inventories are at the highest levels ever.

    By Gordon Kristopher
  • uploads///rigs
    Miscellaneous

    Crude Oil Prices Fell and Dragged S&P 500 Down

    US crude oil (VDE) (RYE) (XLE) futures contracts for July delivery fell 0.3% and closed at $49.66 per barrel on May 30, 2017.

    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///oil producers
    Macroeconomic Analysis

    Traders Skeptical about Major Oil Producers’ Meeting

    OPEC (Organization of the Petroleum Exporting Counties) producers will be meeting at an energy forum in Algeria from September 26–28, 2016.

    By Gordon Kristopher
  • uploads///oil producers
    Macroeconomic Analysis

    Crude Oil Prices Skyrocket before OPEC’s Meeting

    Crude oil prices rose on November 15, 2016. However, expectations of a bearish crude oil inventory report could pressure crude oil prices.

    By Gordon Kristopher
  • uploads///us crude oil stocks
    Macroeconomic Analysis

    API Crude Inventory Estimates Could Weigh on Crude Oil Prices

    On September 20, the API will release its weekly crude oil inventory report. US crude oil inventories could have risen by 2,300,000 barrels from September 9–16.

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

    Will Brent and US Crude Oil Prices Rise in 2018?

    November US crude oil (DWT)(UWT)(USO) futures are above their 20-day, 50-day, and 100-day moving averages at $49.25, $48.77, and $48.11 per barrel as of September 25.

    By Gordon Kristopher
  • 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///oil inventory and price
    Miscellaneous

    Crude Oil Prices Rise: Is It Time for a Collapse?

    WTI crude oil prices have risen 9.4% since June 21, 2017. Brent and US crude oil prices are near a three-week high.

    By Gordon Kristopher
  • uploads///oil producers
    Macroeconomic Analysis

    US Crude Inventories and OPEC Push Crude Oil to 5-Month High

    November WTI (West Texas Intermediate) crude oil futures contracts rose 2.3% and settled at $49.83 per barrel on October 5, 2016.

    By Gordon Kristopher
  • uploads///oil producers
    Macroeconomic Analysis

    Decoding the Major Oil Producers’ Meeting in Algeria

    OPEC producers’ meeting was held from September 26–28, 2016. Crude oil prices rose 12% in August 2016 due to speculation about the meeting’s outcome.

    By Gordon Kristopher
  • uploads///image
    Macroeconomic Analysis

    Iran’s Crude Oil Production Could Impact the Crude Oil Market

    The EIA (U.S. Energy Information Administration) estimates that Iran’s crude oil production rose by 60,000 bpd to 3,780,000 bpd in January 2017.

    By Gordon Kristopher
  • 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 producers
    Macroeconomic Analysis

    How Cushing Inventories and OPEC Are Pressuring Crude Prices

    January 2017 WTI (West Texas Intermediate) crude oil futures contracts fell 2.3% and settled at $49.77 per barrel on December 7, 2016.

    By Gordon Kristopher
  • uploads///Crude oil
    Energy & Utilities

    What Are the Key Resistance Levels for Crude Oil Futures?

    March US crude oil futures were above their 100-day, 50-day, and 20-day moving averages on January 26, 2018—more bullish momentum for oil prices.

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

    Libya’s Crude Oil Production Nears 4-Year High: What’s Next?

    Libya is an OPEC member but was exempt from the production cut deal due to political and economic instability.

    By Gordon Kristopher
  • uploads///opec memebers production
    Macroeconomic Analysis

    Crude Oil Prices Skyrocket as OPEC Agrees to Cut Production

    Crude oil prices hit a one-month high as OPEC reached an agreement to cut production by 1.2 MMbpd in its meeting in Vienna.

    By Gordon Kristopher
  • uploads///opec surplus crude oil production capacity
    Miscellaneous

    Production Freeze: Saudi Arabia and Iran Are Playing Hide and Seek

    Saudi Arabia and Iran are both important to production freeze talks. Both countries have the option to expand their production capacities.

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

    Why Is US Crude Oil Production at a 2-Year High?

    The EIA (U.S. Energy Information Administration) estimates that US crude oil production rose by 79,000 bpd or 0.83% to 9,502,000 bpd on August 4–11, 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///weather ng
    Macroeconomic Analysis

    Natural Gas Prices Flat after Inventory Report

    Natural gas prices fell more than 20% YTD (year-to-date) due to oversupply concerns.

    By Gordon Kristopher
  • uploads///US weekly crude oil inventories
    Macroeconomic Analysis

    EIA and API’s Crude Oil Inventories Impact Oil Prices

    On December 28, the API released its weekly crude oil inventory report. US crude oil inventories rose by 4,200,000 barrels from December 16–23, 2016.

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

    What Are Analysts’ Recommendations for Chesapeake Energy?

    Approximately 22% of analysts rate Chesapeake Energy (CHK) a “buy,” and 59% rate it a “hold.”

    By Keisha Bandz
  • 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///oil inventory
    Macroeconomic Analysis

    Record US Crude Oil Inventories: Will the Blood Bath Continue?

    A Bloomberg survey estimates that US crude oil inventories could have risen by 3 MMbbls from March 3–10. US crude oil inventories are at an all-time high.

    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///US production
    Miscellaneous

    US Crude Oil Production Hit a 20-Month High

    The EIA reported that US crude oil production rose by 17,000 bpd to 9,252,000 bpd on April 7–14, 2017. Production rose 0.2% week-over-week.

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

    Crude Oil Prices Tumble Due to Slowing Refinery Demand

    September West Texas Intermediate crude oil futures contracts trading on the NYMEX fell by 3.7% and closed at $40.06 per barrel on August 1, 2016.

    By Gordon Kristopher
  • uploads///image
    Macroeconomic Analysis

    How the Major Oil Producer Output Cut Plan Could Fail

    Crude oil prices have risen ~20% since November 2016 due to the expectation that the major oil producers’ production cuts would curb oversupply in the market.

    By Gordon Kristopher
  • uploads///US crudeoil inventory
    Energy & Utilities

    US Crude Oil Inventories Fell below the 5-Year Average

    The EIA reported that US crude oil inventories fell by 7.2 MMbbls to 483.4 MMbbls on July 14–21, 2017. Inventories fell below the five-year range.

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

    Crude Oil and Product Inventories Impact Crude Oil Futures

    US crude oil futures have risen 6% from the ten-month low on June 21, 2017. Futures have also risen 2% in the last month.

    By Gordon Kristopher
  • uploads///oil producers
    Macroeconomic Analysis

    Crude Oil Prices Fell before OPEC’s Meeting

    Traders’ uncertainty about whether OPEC would cap or reduce production at the meeting on November 30 pressured crude oil prices on November 23, 2016.

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

    US Crude Oil Imports from Saudi Arabia Hit a 7-Year Low

    US crude oil imports have fallen 4.5% YTD. US crude oil imports from Saudi Arabia are at a seven-year low at 524,000 bpd for the week ending July 14, 2017.

    By Gordon Kristopher
  • uploads///DXY
    Miscellaneous

    FOMC Meeting Could Surprise Crude Oil Traders

    US crude oil (UCO) (USL) futures contracts for January delivery rose 0.7% and were trading at $58.4 per barrel at 1:02 AM EST on December 12, 2017.

    By Gordon Kristopher
  • uploads///Russia
    Miscellaneous

    Could Russia’s Crude Oil Production Help Crude Oil Bulls?

    Russia’s crude oil production is down ~179,000 bpd (barrels per day) from 11.23 MMbpd in October 2016 due to major producers’ production cut deal.

    By Gordon Kristopher
  • uploads///Major producers June
    Energy & Utilities

    Will the OPEC and Non-OPEC Meeting Drive Crude Oil Futures?

    September WTI (West Texas Intermediate) crude oil (RYE) (VDE) (UCO) futures contracts rose 1.1% to $49.58 per barrel on August 4, 2017.

    By Gordon Kristopher
  • uploads///crude oil inventories
    Macroeconomic Analysis

    US Crude Oil Inventories Hit a New All-Time High

    April West Texas Intermediate crude oil (ERX) (USO) (UCO) futures contracts were flat at $54.45 per barrel in electronic trading at 12:40 AM EST on February 24, 2017.

    By Gordon Kristopher
  • 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///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///deaefebeeedadfe
    Macroeconomic Analysis

    Natural Gas Prices Slump 9.4% for the Week

    ETFs like the United States Natural Gas—UNG—ETF fell in the direction of natural gas prices on November 20, 2015. UNG fell by 4.7% on the day.

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

    What Could Offset OPEC’s Crude Oil Production Cut Deal?

    US crude oil production rose by 22,000 bpd to 9,342,000 bpd on May 19–26, 2017. Production is near the highest level since August 14, 2015.

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

    US Crude Oil Production Reached Another Record

    The EIA reported that US crude oil production rose by 46,000 bpd (barrels per day) to a record high of 10,586,000 bpd on April 13–20.

    By Gordon Kristopher
  • 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///image
    Macroeconomic Analysis

    Is Saudi Arabia’s Crude Oil Production Strategy Working?

    Saudi Arabia’s crude oil production fell by 470,000 bpd to 9.98 MMbpd (million barrels per day) in January 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///energy calendar
    Macroeconomic Analysis

    What to Watch for in the Energy Sector This Week

    Moves in crude oil prices can impact the earnings of oil and gas producers such as ConocoPhillips (COP) and Northern Oil & Gas (NOG).

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

    Distillate Inventories: More Bullish News for Oil

    The US Energy Information Administration (or EIA) released its weekly crude oil and gasoline inventory report on September 20, 2017.

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

    Will OPEC and Russia Announce Deeper Production Cuts?

    The OPEC and non-OPEC monitoring committee meeting will be held on July 24, 2017, in Russia. The meeting will discuss production cut deal compliance.

    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///supply and demand
    Energy & Utilities

    Inside the Global Crude Oil Supply-Demand Gap

    The EIA estimated that the global crude oil supply-demand gap averaged 0.58 MMbpd (million barrels per day) in 1H16.

    By Gordon Kristopher
  • uploads///dfaafbfcedce
    Macroeconomic Analysis

    How the US Dollar and Brexit Are Affecting Crude Oil Prices

    Prior to the Brexit referendum, WTI (West Texas Intermediate) crude oil futures contracts for August delivery rose by 2% and settled at $50.11 per barrel on Thursday, June 23, 2016.

    By Gordon Kristopher
  • uploads///Libya
    Miscellaneous

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

    August West Texas Intermediate (or WTI) crude oil futures contracts rose $1.03 per barrel, or 2.2%, and settled at $47.07 per barrel on July 3, 2017.

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

    US Distillate Inventories Fell for the Fourth Straight Week

    The EIA (U.S. Energy Information Administration) reported that US distillate inventories fell by 1.72 MMbbls to 147.7 MMbbls on July 28–August 4, 2017.

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

    Surprise Build in US Crude Oil Inventories Hurt Oil Prices

    The EIA reported that US crude oil inventories rose by 3.3 MMbbls (million barrels) to 513.2 MMbbls between May 26, 2017, and June 2, 2017.

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

    OPEC, Russia, and the US Could Pressure Crude Oil Futures

    US crude oil (RYE) (VDE) (SCO) futures contracts for August delivery fell 2.8% and settled at $44.23 per barrel on July 7. Prices are near a ten-month low.

    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///ng inventory
    Macroeconomic Analysis

    Natural Gas Inventory Falls for 4th Straight Week

    The EIA reported that the US natural gas inventory fell by 32 Bcf (billion cubic feet) to 3,814 Bcf for the week ending December 18.

    By Gordon Kristopher
  • 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///image
    Materials

    US Natural Gas Futures Could Continue to Fall

    Hedge funds’ net long positions in US natural gas futures (UGAZ) (UNG) and options contracts were at 5,318 for the week ending January 2, 2018.

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

    US Dollar Hit a 3-Year Low: Good News for Crude Oil?

    The US Dollar Index (UUP) fell 0.64% to 90.39 on January 16, 2018—the lowest level since December 2014.

    By Gordon Kristopher
  • uploads///oil firecasts jan
    Energy & Utilities

    Traders Could Start Booking a Profit in Crude Oil Futures

    On January 16, 2018, Goldman Sachs said that crude oil prices could exceed its forecast in the coming months.

    By Gordon Kristopher
  • uploads///India oil demand
    Miscellaneous

    India’s Crude Oil Imports Hit a Record in 2017

    India is the world’s third-largest crude oil consumer. Its oil imports hit a record in 2017. India’s crude oil imports rose 1.8% to 4.3 MMbpd in 2017.

    By Gordon Kristopher
  • uploads///OPEC production Dec
    Energy & Utilities

    Why OPEC’s Crude Oil Production Rose in January

    A Reuters survey showed that OPEC’s crude oil production increased by 100,000 bpd (barrels per day) to 32.4 MMbpd (million barrels per day) in January 2018.

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

    EIA Upgrades US Crude Oil Production for 2019

    US crude oil production increased by 84,000 bpd to a record high of 10,703,000 bpd on April 27–May 4. The production also increased ~15% YoY.

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

    US Crude Oil Output Reached a New Record

    The EIA estimates that the weekly US crude oil output rose by 27,000 bpd to a record high of 10,460,000 bpd on March 23–30, 2018.

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

    US Crude Oil Production Has Risen ~23% since July 2016

    US oil prices have dropped 7.8% since January 26, 2018.

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

    US Crude Oil Production Fell Slightly from Record High

    US crude oil production decreased by 1,000 bpd to 10,270,000 bpd on February 9–16, 2018. However, production increased by 1,269,000 bpd or 14.1% YoY.

    By Gordon Kristopher
  • uploads///NG inventory
    Miscellaneous

    US Natural Gas Inventories: Largest Weekly Withdrawal since 2014

    US natural gas inventories declined by 194 Bcf (billion cubic feet) to 1,884 Bcf on February 2–9, 2018, according to the EIA.

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

    Will OPEC’s Production Cuts Offset Record Crude Oil Production?

    US crude oil production increased by 20,000 bpd (barrels per day) to a record high of 10,271,000 bpd on February 2–9, 2018.

    By Gordon Kristopher
  • uploads///Gasoline inventory
    Miscellaneous

    US Gasoline Inventories Could Threaten Crude Oil Prices

    According to the EIA, US gasoline inventories increased by 3.1 MMbbls (million barrels) to 244 MMbbls on January 12–19, 2018.

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

    Massive Fall in Crude Oil Inventories Pushed Oil Prices Higher

    US crude oil inventories fell by 4.9 MMbbls (million barrels) to 419.5 MMbbls between December 29, 2017, and January 5, 2018.

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

    Crude Oil Inventories Fell, Refinery Utilization Hit 12-Year High

    US crude oil futures contracts for February delivery fell 0.1% to $61.95 per barrel at 1:05 AM EST on January 5, 2018—the highest level since December 2014.

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

    US Crude Oil Inventories Have Fallen ~10.6% in 2017

    February WTI crude oil futures (DWT)(SCO) contracts rose 0.8% to $60.3 per barrel at 12:45 AM EST on December 29, 2017—the highest level since June 2015.

    By Gordon Kristopher
  • uploads///REV EPS GROWTH CHK
    Energy & Utilities

    How Did Chesapeake Energy Perform?

    In this three-part series, we’ll discuss the top 18 cheapest stocks in the S&P 500 for 2018 based on their forward PE ratios.

    By Amanda Lawrence
  • uploads///Iran crude oil production
    Energy & Utilities

    Iran’s Crude Oil Production Is near a 9-Year High

    The EIA estimates that Iran’s crude oil production fell by 10,000 bpd or 0.3% to 3,840,000 bpd in November 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///OIl and price inventory
    Miscellaneous

    Will US Crude Oil Inventories Push Crude Oil Prices Higher?

    US crude oil inventories fell 17.3% from their peak. So far, they have fallen 8.3% in 2017. Similarly, oil (DWT) (UCO) prices have risen ~9% in 2017.

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

    How Could US Tax Bill Affect Dollar and Crude Oil Prices?

    The US Dollar Index advanced 0.1% to 92.8 last week. Consequently, it pressured oil prices during the week.

    By Gordon Kristopher
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