Monthly Archives: October 2020

rig count summary:

*as widely quoted, on a front month contract​ ​basis…contract prices for December, January and February natural gas are and have been higher than the front month price over the period cited…. oil prices finished lower for the first week in … Continue reading →

Just two widely watched reports were released this past week: the September report on New Residential Construction from the Census Bureau, and the Existing Home Sales Report for September from the National Association of Realtors (NAR)….also released this week was … Continue reading →

rig count summary:

smallest early October addition to natural gas inventories​ in 13 years; distillates production at a 3 year low leads to largest inventory draw in 17 years; September OPEC report shows all members in compliance, inconsequential ​global ​oil shortfall.. oil prices … Continue reading →

Major reports released this past week included the September Consumer Price Index, the September Producer Price Index, and the September Import-Export Price Index from the Bureau of Labor Statistics, the Retail Sales report for September and the corresponding Business Sales … Continue reading →

rig count summary: OPEC oil output: global oil supply: global oil demand: retail sales:

oil prices rose for the 2nd week in 6 this week, as a strike in Norway threatened that country’s oil output and as a major hurricane shut down US Gulf production…after falling 8% to $37.05 a barrel last week on … Continue reading →

Major agency reports released this past week included the the August report on our International Trade from the Commerce Dept, the Job Openings and Labor Turnover Survey (JOLTS) from the Bureau of Labor Statistics, and the August report on Wholesale … Continue reading →

rig count summary: