production

Refiners on the run

Phil Flynn
September 19, 2017
Oil prices are rising on hopes that Hurricane Jose will not do any damage to East Coast refiners that are running hot and heavy to make up for lost supply from Gulf Coast refiners that were hit hard by Hurricane Harvey. Refiners are already having success with getting gasoline prices to fall but there is more work ahead of them.

Crude: Nothing really matters

Carl Larry
May 4, 2017
After those EIA numbers came out yesterday, all I could think was that we need to get to this June FOMC meeting and a rate hike.

Oil prices steady, rebounding Libyan production weighs

Ahmad Ghaddar, Reuters
April 3, 2017
Oil futures held steady on Monday as a rebound in Libyan oil production over the weekend weighed against upbeat economic data from Asia that pointed to strong energy demand from the region.

Crude oil slumps

Fawad Razaqzada
March 8, 2017
A correction of some sort in crude oil prices seemed inevitable and this may well have started today with both contracts falling nearly 4% each.

Oil prices dip, rising U.S. output offsets OPEC cuts

Sabina Zawadzki, Reuters
February 28, 2017
Global oil prices dipped on Tuesday but continued to trade in a tight range with the OPEC-led output cuts offset by increasing crude production from the United States.

Tesla says Model 3 on track for volume production by September

Alexandria Sage, Reuters
February 23, 2017
Tesla Inc said on Wednesday its mass-market Model 3 sedan was on track for volume production by September, encouraging investors who see the electric vehicle as the avenue to profitability for the young company.

Oil rises as OPEC aims for deeper output cuts

Christopher Johnson, Reuters
February 21, 2017
Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.

Oil, metals post stellar 2016 gains on output cuts, demand hopes

Naveen Thukral and Mark Tay, Reuters
December 30, 2016
Crude oil, rubber and metals are set to end 2016 with strong gains, bouncing back from several years of losses on output cuts and expectations of firmer demand.

Demand woes vs. production woes

Phil Flynn
May 4, 2016
All of a sudden it looks like global growth is trailing off, raising more concerns about crude oil demand. Yesterday, weak data out of China and warnings for the International Monetary fund about Asian economic growth hit oil and industrial metals.

Summer crude build is here

Tory Enerson
July 1, 2015

As expected, Greece has defaulted on her payments to the IMF.  This much anticipated move now sets up the ne