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Energy Brief 374

Don’t forget the upcoming Economics of Oil and Gas Roundtable, October 25, 2018. Sign-up today at tim@matadoreconomics.com   Good Thursday Morning my good friends. It’s a beautiful morning here in DFW, but we’re going to cook over the next three to four day and after good runs over the last couple of days in energy, things are tightening again as we reach for the top of the current trading cycle; so were flat! The inventory report yesterday, like the API…

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Energy Brief 373

Good Morning my good friends its Wednesday, Hump-day and we’re humping it in the crude oil market. After last nights surprise draw in crude oil inventories from the API, of 5.2 million barrels, we also saw a drop in gasoline inventories of 930,000 barrels. The Distillates showed a gain of 1.8 million barrels. This was definitely a Bullish report and we’ll bask in its glow until 10:30 EDT, this morning when we get the government’s numbers on inventory. But we…

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Energy Brief 372

Don’t forget the upcoming Economics of Oil and Gas Roundtable, October 25, 2018. Sign-up today at tim@matadoreconomics.com   Good Tuesday Morning my good friends, it’s smoggy in DFW from High Ozone and the fires in California, So I can’t breathe!!!  The energy markets are holding their breath as well while we watch for today’s API report and tomorrow’s EIA report from the US Department of Energy. Plus we’re seeing a stronger US Dollar keeping pressure on prices, though we are…

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