Monthly Archives: September 2017

US oil exports: rig count summary:

US oil prices closed above $50 a barrel for the first time since May this week, but the real story continues to be that the international price for the same grade of oil remains more than 12% higher…while US WTI … Continue reading →

there were just two reports with large followings released this week: the August report on New Residential Construction from the Census Bureau and the Existing Home Sales Report for August from the National Association of Realtors (NAR)…in addition, the Bureau … Continue reading →

rig count summary: distillates supplies:

the $50 a barrel level, as Texas Gulf Coast refineries returned to operation and began to soak up some of the oil glut that had built up during their shutdown…however, front month Brent oil prices, the international benchmark, did rise … Continue reading →

reports released this past week included Retail Sales for August and Business Sales and Inventories for July from the Census Bureau, August Industrial Production and Capacity Utilization from the Fed, and the August Consumer Price Index, the August Producer Price … Continue reading →

retail sales: rig count summary: Brent vs WTI: official OPEC output: OPEC targets: global production: global oil demand: OPEC output chart:

most of news out of the oil and gas patch this week related to the gradual recovery of Texas and Louisiana oil port operations, Gulf of Mexico and Eagle Ford oil and gas production, Gulf refinery operations and the related … Continue reading →

this week’s regular monthly economic releases included the July report on our International Trade, the Full Report on Manufacturers’ Shipments, Inventories and Orders for July, and the July report on Wholesale Trade, Sales and Inventories, all from the Census Bureau, … Continue reading →

refinery throughput: ‘ rig count summary: