Vanguard Energy ETF

Latest Vanguard Energy ETF News and Updates

  • Key update on Antero Midstream’s assets
    Miscellaneous

    Key update on Antero Midstream’s assets

    Antero Resources’ current acreage is focused in the Marcellus Shale in West Virginia and the Utica Shale in Ohio.

    By Keisha Bandz
  • Chevron Corporation: A must-know brief overview
    Energy & Utilities

    Chevron Corporation: A must-know brief overview

    Chevron Corporation is currently trading at EV-to-2014E EBITDA of 5x, has an approximately $239 billion market cap, and ~$245 billion enterprise value.

    By Keisha Bandz
  • Why the summer heat wave supports natural gas prices
    Energy & Utilities

    Why the summer heat wave supports natural gas prices

    A heat wave that has persisted in the US has helped to lift natural gas prices.

    By Ingrid Pan
  • uploads///crude oil prod
    Macroeconomic Analysis

    Drop in US Crude Oil Production Supported WTI Prices

    The EIA estimates that US crude oil production fell by 40,000 barrels per day to 9.096 million barrels per day in the week ending September 25.

    By Keisha Bandz
  • uploads///DMA
    Company & Industry Overviews

    How Have Depressed Oil Prices Impacted Total’s Stock Performance?

    In 2015, sinking oil prices impacted earnings of integrated energy companies. This reflects on the stock performance of these companies.

    By Maitali Ramkumar
  • uploads///refinery demand
    Macroeconomic Analysis

    Crude Oil Inventories Rose despite Oil Demand from US Refineries

    The rise in US crude oil production would have contributed to the rise in US crude oil inventories between October 28 and November 4, 2016.

    By Gordon Kristopher
  • uploads///Energy MWU_ INTEGRATED Losers
    Energy & Utilities

    Suncor Energy: The Only Integrated Energy Loser This Week

    Suncor Energy (SU) is the only losing stock in the current week from the integrated energy sector. It fell from last week’s close of $34.67 to $34.52 on October 11, 2017.

    By Nicholas Chapman
  • uploads///FCF
    Company & Industry Overviews

    Why Halliburton’s Free Cash Has Been Plummeting

    As a result of steeply falling CFO, Halliburton’s free cash flow deteriorated to a negative $499 million in 3Q15 from a negative $71 million a year ago.

    By Alex Chamberlin
  • uploads///image
    Miscellaneous

    WTI Crude Oil: Where It Could Settle This Week

    Crude oil’s (USO) (DBO) (USL) (OIIL) implied volatility was 26.6% on April 28, 2017, which was 4.6% above its 15-day average.

    By Rabindra Samanta
  • uploads///earnings
    Earnings Report

    What Are the Expectations for Concho Resources’ 4Q15 Earnings?

    Concho Resources (CXO) will release its 4Q15 earnings on February 25, 2016. The estimate for 4Q15 revenue is ~$592.4 million. Revenue in 4Q14 was ~$692.4 million.

    By Keisha Bandz
  • uploads///ANS versus Bakken Rail Delivered Price to Anacortes WA
    Macroeconomic Analysis

    Tesoro’s Big Bet on Building Crude-by-Rail Infrastructure

    An important part of Tesoro’s business, crude-by-rail allows refiners to cover maximum accessibility and to gain from price differentials.

    By Manu Milan
  • uploads///DNR Q Post Production
    Earnings Report

    Denbury Resources’ Production Fell to a 3-Year Low in 2Q17

    For 2Q17, Denbury Resources’ continuing production averaged 59.8 Mboepd, which is ~5% lower than its 2Q16 continuing production of ~63.0 Mboepd.

    By Nicholas Chapman
  • uploads///US cushing crude oil stocks
    Macroeconomic Analysis

    Cushing Crude Oil Inventories: What Does the Future Hold?

    Bloomberg surveys projected that Cushing crude oil inventories fell by 0.7 MMbbls (million barrels) for the week ending June 3—compared to the previous week.

    By Gordon Kristopher
  • 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///EPS
    Earnings Report

    Patterson-UTI Energy’s 4Q15 Earnings Beat Wall Street Estimates

    Patterson-UTI Energy (PTEN) released its 4Q15 financial results on February 4, 2016. The company recorded total revenues of $338.5 million in 4Q15, down 62% from $901.2 million recorded in 4Q14.

    By Alex Chamberlin
  • uploads///EV to EBITDA
    Company & Industry Overviews

    Is PDC Energy Trading at a Premium?

    PDC Energy’s 2015 forward EV-EBITDA multiple is 6.6x. So the sharply lower forward multiple indicates that Wall Street expects PDCE’s EBITDA to improve sharply in 2H15.

    By Alex Chamberlin
  • uploads///WMB EV to EBITDA
    Company & Industry Overviews

    Why Williams Companies’ Valuation Has Been on the Rise

    Williams Companies’ forward EV-EBITDA multiple, which is based on the current fiscal quarter’s EBITDA estimates, is 13.1x.

    By Kurt Gallon
  • uploads///Dividend
    Company & Industry Overviews

    Where Integrated Energy Companies’ Dividends Stood in 1Q17

    Integrated energy companies such as ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) are steady dividend-paying companies.

    By Maitali Ramkumar
  • uploads///Segments
    Earnings Report

    Your Segmental Analysis of Marathon Petroleum’s 4Q15 Results

    On a sequential basis, Marathon’s operating income fell by 78%. All the segments reported declines in income in 4Q15 over 3Q15.

    By Maitali Ramkumar
  • uploads///power
    Macroeconomic Analysis

    US Power Generation Down Again: An Analysis of Trends

    An increase in US power generation numbers is expected for the week ended October 30, 2015.

    By Keisha Bandz
  • uploads///
    Energy & Utilities

    Must-know points of Devon Energy’s plan to develop the Eagle Ford

    Devon plans to rapidly grow production in the Eagle Ford over the next few years.

    By Ingrid Pan
  • uploads///
    Energy & Utilities

    Why a dip in natural gas liquids prices affects energy names

    NGLs prices remain uptrend despite the falling last week, which is positive to producers.

    By Ingrid Pan
  • uploads///
    Energy & Utilities

    Natural gas producers declining due to expected warm weather

    Last week temperatures were colder than normal, however, natural gas fell steeply on the week despite this.

    By Ingrid Pan
  • uploads///Annotated
    Earnings Report

    Will Tesoro’s Stock Uptrend Last after 4Q15 Earnings?

    Tesoro Corporation’s (TSO) stock was on an uptrend in 2015, fueled by healthy refining margins. TSO rose 21% in the trailing 12 months up to January 20, 2016.

    By Maitali Ramkumar
  • uploads///Segments
    Earnings Report

    Shell’s 1Q16 Pre-Earnings Outlook by Segment

    In 1Q16, Shell’s (RDS.A) upstream segment is likely to put on a dull show due to weaker crude oil prices. Earnings from the downstream segment are also likely to be subdued.

    By Maitali Ramkumar
  • uploads///supply and demand
    Macroeconomic Analysis

    Will 2017 or 2018 Mark the Return of the Bulls?

    The EIA published its monthly STEO report on January 12, 2016. The global crude oil production will rise to 95.9 MMbpd in 2016 and 96.7 MMbpd in 2017.

    By Gordon Kristopher
  • uploads///vlo earnings
    Earnings Report

    Valero Energy beats expectations with its 4Q 2014 earnings

    Valero Energy (VLO) released its fourth quarter earnings on January 29. The company reported a net income of $1.2 billion.

    By Keisha Bandz
  • uploads///stock
    Earnings Report

    How Has Concho Resources’ Stock Fared ahead of 4Q15 Earnings?

    As 2015 came to a close, Concho Resources’ (CXO) stock started falling. CXO has fallen ~21% since February 2015.

    By Keisha Bandz
  • uploads///WTI Price Movement in July %E%%
    Energy & Utilities

    Why oil prices spiked on tensions in Gaza and Ukraine

    Early last week, WTI crude oil had eased to close to $99 following Libya’s restarting exports from major ports and abating fears over supply disruptions in Iraq.

    By Keisha Bandz
  • Now for the ConocoPhillips Nitty-Gritty: Debt, Cash, Leverage, and Liquidty
    Company & Industry Overviews

    Now for the ConocoPhillips Nitty-Gritty: Debt, Cash, Leverage, and Liquidty

    ConocoPhillips’s net debt-to-EBITDA was in the range of 0.6x–1.1x between 3Q13 and 4Q14. But in 2015, its net debt-to-EBITDA multiple started increasing.

    By Keisha Bandz
  • uploads///
    Energy & Utilities

    Higher natural gas liquids prices help wet gas producers like LINE

    NGL prices traded higher last week, helping wet gas producers. NGL prices are an important indicator to track in the energy space.

    By Ingrid Pan
  • uploads///Share Price and Projections
    Company & Industry Overviews

    What’s Weatherford Management Saying after Fiscal 4Q15 Earnings?

    Weatherford International’s (WFT) management expects crude oil price to start stabilizing by the second half of 2016. It plans to keep reducing costs to manage the current uncertainty.

    By Alex Chamberlin
  • uploads///Correlation
    Company & Industry Overviews

    Chart in Focus: The Correlation of Phillips 66 Stock with WTI

    The correlation coefficient of Phillips 66 (PSX) versus WTI stands at 0.40.

    By Maitali Ramkumar
  • Energy & Utilities

    Must-know overview: The geography of the Permian Basin

    The Permian Basin spreads across a wide swath of western Texas and southern New Mexico. The name “Permian Basin” generally refers to a combination of the Delaware Basin and Midland Basin.

    By Alex Chamberlin
  • uploads///OPEC
    Miscellaneous

    What to Expect from OPEC’s Crude Oil Production in August 2017

    October WTI (or West Texas Intermediate) crude oil (USO) (UCO) futures contracts rose 0.4% and were trading at $47.73 per barrel in electronic trade at 2:00 AM EST on August 22, 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///last
    Company & Industry Overviews

    Attention Freeport-McMoRan Investors: Here’s What to Watch in 2016

    There’s a long road ahead for Freeport-McMoRan’s asset sales program. The company is looking to raise between $5 billion and $10 billion in 2016.

    By Mohit Oberoi, CFA
  • uploads///
    Energy & Utilities

    An essential guide to Exxon Mobil: XOM’s major areas of operation

    Exxon Mobil has three major business segments: Upstream, Downstream, and Chemical. Upstream contributes the most to XOM’s earnings.

    By Ingrid Pan
  • uploads///Sept
    Energy & Utilities

    What Dennis Gartman Thinks about Crude Oil Prices

    November WTI (West Texas Intermediate) crude oil futures’ moving averages suggest that crude oil prices could keep trading higher going forward.

    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///Crude oil quant data
    Miscellaneous

    EIA Could Report Record Crude Oil Inventory Levels

    US crude oil futures contracts for March delivery closed at $53.20 per barrel on February 14, 2017—0.5% more than the previous closing price.

    By Rabindra Samanta
  • uploads///ng consumption
    Macroeconomic Analysis

    How Rise in US Natural Gas Consumption Affects Prices

    PointLogic reported that US natural gas consumption rose 10% between December 8 and December 14, 2016.

    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///
    Energy & Utilities

    Natural gas liquids prices rise, boosted by propane prices

    The representative NGL barrel reached highs of up to ~$50 per barrel in early February, given the strength in propane prices due to a cold winter as well as natural gas prices that pushed ethane prices up.

    By Ingrid Pan
  • 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///
    Energy & Utilities

    Higher natural gas liquids prices: Key causes and beneficiaries

    This week saw NGL prices trade up by 5%, a positive short-term indicator. Plus, note that NGL prices are up significantly since late June, a positive medium-term indicator.

    By Ingrid Pan
  • uploads///US crude inv
    Macroeconomic Analysis

    US Crude Oil Inventories Increased More Than Expected, WTI Down

    In its Weekly Petroleum Status Report released on November 4, 2015, the EIA reported an increase of 2.8 MMbbls in crude oil inventories for the week ended October 30, 2015.

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

    US Distillate Inventories Rose for the Fourth Time in 5 Weeks

    US distillate inventories rose for the fourth time in the last five weeks. They rose ~3% in the last five weeks, which is bearish for diesel and oil prices.

    By Gordon Kristopher
  • uploads///MRO Q Post Analysts
    Earnings Report

    This Wall Street Target Price Indicates Upside for Marathon Oil

    Currently, ~54% of Wall Street analysts rate Marathon Oil (MRO) as a “buy” and ~43% of analysts rate it as a “hold.”

    By Nicholas Chapman
  • uploads///ANR
    Earnings Report

    Analysts’ Recommendations for Chevron before 3Q15 Earnings

    It terms of analysts’ recommendations for Chevron, approximately 53.3% of analysts rate Chevron a “hold,” 40% rate it a “buy,” and 6.7% rate it a “sell.” The average broker target price of $93.11 for CVX implies a ~3.4% return in the next 12 months.

    By Keisha Bandz
  • uploads///
    Energy & Utilities

    What higher natural gas liquids prices mean for the energy sector

    Natural gas liquid prices recovered somewhat last week, likely off the back of higher crude oil prices.

    By Ingrid Pan
  • uploads///image
    Miscellaneous

    EIA Downgraded US and Brent Crude Oil Price Forecasts

    The EIA released its monthly STEO report on May 9, 2017. It estimates that US WTI crude oil prices would average $50.68 per barrel in 2017.

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

    OPEC and Russia: More Negative Forces for Crude Oil Market

    The EIA reported that OPEC’s crude oil production rose by 510,000 bpd (barrels per day) to 32.7 MMbpd (million barrels per day) in June 2016.

    By Gordon Kristopher
  • uploads///
    Energy & Utilities

    The spread between WTI and Brent oil narrows to ~$6 per barrel

    The WTI-Brent spread narrowed to ~$6 per barrel last week and the prices between WTI and Brent have generally been moving closer over the past few months.

    By Ingrid Pan
  • 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///ANR
    Earnings Report

    What Are Analysts’ Recommendations for Whiting Petroleum?

    Approximately 51% of the analysts rated Whiting Petroleum a “buy,” ~44% rated it a “hold,” and ~5% rated it a “sell.” The average broker target price was $13.10.

    By Keisha Bandz
  • 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///Segments
    Company & Industry Overviews

    Subsea Segment’s Performance Is a Bright Spot for Cameron

    Cameron International’s (CAM) Subsea segment showed signs of recovery in fiscal 3Q15 after reporting falling revenue in three consecutive quarters.

    By Alex Chamberlin
  • 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///Revenues
    Consumer

    Halliburton Recorded Strong Revenue Growth in 2017

    Halliburton (HAL) registered the highest revenue growth in our group. Halliburton’s 2017 revenues increased 29.8% to $20.62 billion.

    By Alex Chamberlin
  • uploads///Strategic Plan
    Company & Industry Overviews

    What Does Petrobras’s Strategic Plan Reveal?

    Petrobras (PBR) has unveiled its new five-year strategic plan. It aims to evolve into a financially stronger and more socially responsible company.

    By Maitali Ramkumar
  • uploads///gasolien inven
    Miscellaneous

    US Gasoline Inventories Fell Less, Pressured Gasoline Prices

    The EIA released its weekly crude oil report on May 24, 2017. US gasoline inventories fell by 0.8 MMbbls to 239.9 MMbbls on May 12–19, 2017.

    By Gordon Kristopher
  • SPDR S&P Oil & Gas Exploration ETF (XOP) Is More Levered to Oil
    Macroeconomic Analysis

    SPDR S&P Oil & Gas Exploration ETF (XOP) Is More Levered to Oil

    It’s very apparent that the historical beta of XOP is higher than that of its peers, as it’s closer to 1.6 than the average of 1.2.

    By Liam Odalis
  • uploads///DMA
    Company & Industry Overviews

    Shell’s Stock Has Risen 16% since September 2016

    Shell’s stock had a weak opening to 2016. It traded below its 50-day and 200-day moving averages at the beginning of the year. Its share price touched a trough on January 20, 2016.

    By Maitali Ramkumar
  • uploads///n
    Real Insights

    Green Bonds Issuance Show Signs of Growth in 2017

    Green bonds carry the same risk-return profile as conventional bonds. However, these bonds fund projects focused on energy efficiency, clean water, transportation, biodiversity, and sustainable waste management.

    By VanEck
  • uploads///ebdfdfafbdfab
    Macroeconomic Analysis

    Crude Oil Prices Fall Due to Refined Products’ Glut

    November WTI crude oil futures contracts fell by 2.6% on October 19. Crude oil prices fell due to the mammoth rise in the gasoline glut and weak demand cues.

    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///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///OPEC production
    Macroeconomic Analysis

    OPEC Crude Oil Production Is Breaking Records

    The latest survey from Reuters suggested that OPEC’s crude oil production is breaking historical records. OPEC crude oil production hit 33.1 MMbpd in January 2016.

    By Gordon Kristopher
  • Energy & Utilities

    Why the ISIS-Iraq conflict could affect global oil investments

    Iraq is home to the fifth-largest oil deposits in the world and currently produces about 4% of the global oil supply. Iraq is now the second-biggest producer in the OPEC exporters’ cartel, after Saudi Arabia.

    By Surbhi Jain
  • uploads///US weekly gasoline inventories and gas prices
    Macroeconomic Analysis

    Gasoline Inventories Impact Gasoline and Crude Oil Prices

    The API released its weekly inventory report on December 20. It estimates that US gasoline inventories fell by 1.96 MMbbls from December 9–16, 2016.

    By Gordon Kristopher
  • uploads///total production
    Energy & Utilities

    A must-know introduction to Occidental Petroleum Corporation

    Occidental Petroleum Corporation (OXY) engages in oil and gas exploration and production in the U.S., Latin America, and the Middle East.

    By Keisha Bandz
  • 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///power gen
    Macroeconomic Analysis

    US Power Generation in 2015: Natural Gas up, Coal down

    The EIA reported that power generation from natural gas increased in all regions of US in July, while generation from coal declined in all regions.

    By Keisha Bandz
  • uploads///gasoline inventory
    Miscellaneous

    Why US Gasoline Inventories Rose for the Third Straight Week

    A less-than-expected rise in gasoline inventories supported gasoline prices on May 3, 2017. Gasoline and crude oil (DIG) (SCO) (VDE) prices rose on May 3.

    By Gordon Kristopher
  • uploads///
    Energy & Utilities

    Natural gas liquids prices fall, hurting wet gas producers

    Natural gas liquids prices fell on the week but remain up significantly since lows in June.

    By Ingrid Pan
  • uploads///oil firecasts jan
    Energy & Utilities

    Crude Oil Prices Could Hit $80 per Barrel in 2018

    BBL Commodities is one of the largest oil hedge funds in the world. BBL Commodities expects that Brent crude oil prices could hit $80 per barrel in 2018.

    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///supply outage
    Macroeconomic Analysis

    Is the Supply Side of the Crude Oil Market Rebalancing?

    Citigroup estimates that global crude oil supply outages could currently be around 3.5 MMbpd (million barrels per day).

    By Gordon Kristopher
  • Energy & Utilities

    Why Apache Corp. faces activist pressure from JANA Partners

    Houston-based Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom, and Australia.

    By Samantha Nielson
  • uploads///bdcfabebdedbafdcf
    Macroeconomic Analysis

    Crude Oil Prices Hit Monthly Lows as the Dollar Rises

    WTI crude oil futures contracts for December delivery fell by 1.7% on October 23. Crude oil prices fell due to the appreciating US dollar and weak global demand cues.

    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///US crude oil inventories and prices
    Miscellaneous

    Supply, Demand: Will Crude Oil Futures Rally Be Short-Lived?

    August WTI (West Texas Intermediate) crude oil futures contracts rose 1.0% and closed at $45.49 per barrel on Wednesday, July 12, 2017.

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

    Game Changer: API Crude Oil Inventory Data and Cushing Stocks

    The API crude oil inventory rose for the fourth consecutive week. The rising crude oil inventory will continue to put pressure on crude oil prices.

    By Gordon Kristopher
  • 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///cacfeeeeafe
    Macroeconomic Analysis

    Record Inventory Buildup Drags Crude Oil Prices for the Fourth Day

    November WTI crude oil futures contracts fell by 0.56% on October 15. Crude oil prices fell for the fourth day due to the record crude oil inventory buildup.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Analysts Upgrade WTI and Brent Crude Oil Price Forecasts

    WTI crude oil futures increased ~8.6% on June 25–July 2. Expectations of a drop in US crude oil inventories could support oil prices.

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

    US Crude Oil Rigs Rose the Most since June 2017

    Baker Hughes released its weekly oil and gas rig count report on November 10. It estimated that US oil rig counts rose by nine to 738 on November 3–10.

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

    Why Tesoro’s crude oil gathering and pipeline segment is positive

    Tesoro Logistics’ (TLLP) operations are organized into the Crude Oil Gathering segment and the Terminalling and Transportation segment.

    By Keisha Bandz
  • uploads///
    Energy & Utilities

    Low natural gas liquids prices cut into wet gas producer revenues

    Natural gas liquids traded down on the week, though they remain up significantly since mid-2013 lows.

    By Ingrid Pan
  • uploads///opec spare production capacity
    Miscellaneous

    OPEC’s Spare Production Capacity Fell: Will It Impact Oil Prices?

    The EIA estimated that OPEC’s spare crude oil production capacity fell by 36,277 bpd to 2.32 MMbpd in April 2017—compared to March 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///Natursl gas quant
    Miscellaneous

    Is It a Bull Trap for Natural Gas Traders?

    In the past five trading sessions, natural gas April futures have risen 1%, closing at ~$3.01 per MMBtu on March 22, 2017—2.7% lower than the prior session.

    By Rabindra Samanta
  • uploads///libya
    Miscellaneous

    Libya’s Crude Oil Production Could Rise in June

    Reuters surveys estimate that Libya’s crude oil production rose by 180,000 bpd (barrels per day) to 730,000 bpd in May 2017—a three-year high.

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

    Will Crude Oil Futures and S&P 500 Move in the Same Direction?

    February US crude oil (UWT) (USL) futures contracts rose 0.5% to $61.73 per barrel on January 8. Prices are near the highest level since December 2014.

    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///Cush
    Energy & Utilities

    Cushing Inventories Hit January 2015 Low

    A Bloomberg survey estimates that the crude oil inventories at Cushing could have declined by 2.3 MMbbls (million barrels) on January 12–19, 2018.

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

    Will the US Crude Oil Inventories Report Benefit Crude Oil Prices?

    US crude oil inventories hit an all-time high of 543.6 MMbbls in the week ending April 29, 2016. This will limit the upside potential for crude oil prices.

    By Gordon Kristopher
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