NRGO News and Press, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO From 01/02/20

By OVI All of the oil production data for the US states comes from the EIAʼs Petroleum Supply Monthly. In addition, information from other EIA offices is provided to project future US output. At the end, an estimate is made for the decline rate in the L48 conventional oil fields a...

Chances are, as a consumer, you probably notice changes in energy prices when it comes time to pay the bills. Whether it's the utilities at your house or gasoline for your car, changes in commodity prices ultimately affect your pocketbook. While energy prices can be governed by a number of fac...

By Stecyk For the next month, I have increased my West Texas Intermediate oil price forecast by $2.50 to range between $55 and $65 a barrel. With phase one of the US-China trade deal now out of the way and OPEC+ announcing a cutback to production, oil prices rose slightly more than I e...

"The capital markets for oil and gas remain extremely difficult." The Dallas Fed's Fourth Quarter Energy Survey , released today, portrays an industry that is turning increasingly somber. The data is based on responses of executives (names are not disclosed) of 170 energy companies - 111 ...

In this article, we examine the significant weekly order flow and market structure developments driving WTI price action. As noted in last week’s WTI Weekly , the primary expectation for this week was for price discovery lower, barring failure of 61.40s as resistance. This expectatio...

Introduction: The Contrarian Approach These days it's very common to read or write about investment themes and ideas that might play out nicely in the coming year. And, although it makes little sense to draw a line between the year that is ending and the one that is about to begin, as if a...

Welcome to the outage edition of Oil Markets Daily! "If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck." Following the attack on Saudi Arabia's oil facility, Abqaiq, in September, Saudi immediately reassured the market that it is the most ...

Oil continued its upward momentum for the third consecutive week and rose to its highest level in six months. Brent crude advanced to $66.14 per barrel and WTI reached $60.44 per barrel. According to Baker Hughes data, the US oil rig count saw an increase of 18 rigs, the first double-digit g...

A Seeking Alpha reader asked me to comment upon a lengthy thesis that the oil market is about to make a regime change from a “regime of abundance” to a “return to scarcity.” And so the value of oil exploration and production (“E&P”) equities woul...

In this article, we examine the significant weekly order flow and market structure developments driving WTI price action. As noted in last week’s WTI Weekly , the primary expectation for this week was for price discovery higher, barring failure of 58.80s as support. This expectation ...