Week in Review

Markets enjoyed a fairly quiet week, save for Monday’s precipitous drop which took roughly $2/bbl off the price of crude. Monday’s sell-off was a result of on-going concerns that the U.S. and China are careening towards a trade war, with both countries announcing tariffs on $50 bn work of goods exchanged. Markets are unsure whether […]

Today’s Market Trend

The oil complex is slightly lower across the board this morning. Oil traded mostly flat yesterday remaining in a narrow price range throughout the day and closing just 6 cents lower than its opening price. This morning, crude is trading lower at $63.09, a loss of 45 cents (.71%) since yesterday. Fuel prices are also […]

EPA Waivers Shock Biofuels Market

After some steep losses yesterday morning, oil prices managed to revert back to higher levels, with WTI crude losing just 15 cents by closing time. Today, prices are just barely holding on to positive territory. Crude prices are $63.47, up by just 10 cents. Fuel prices are both in negative territory, though working their way […]

Natural Gas News – April 5, 2018

Natural Gas News – April 5, 2018 Are Supply Concerns Rising for Natural Gas? Market Realist reported: On April 3, 2018, natural gas May 2018 futures closed at a premium of $0.04 to May 2019 futures. The difference is called the “futures spread.” On March 27, 2018, the futures spread was at a premium of […]

Natural Gas News – April 4, 2018

Natural Gas News – April 4, 2018 Sub-Saharan Africa Natural Gas Infrastructure and Opportunities Report 2018 – ResearchAndMarkets.com The Oklahoman reported: The “Natural Gas Infrastructure and Opportunities in Sub -Saharan Africa, 2018” report has been added to ResearchAndMarkets. com’s offering. The study covers the current status of natural gas infrastructure in SSA, with focus on […]

Today’s Market Trend

Oil prices traded slightly higher yesterday recovering some of the early week losses. However, prices could not hold on to their upward momentum this morning and are trading sharply lower following the announcement of China’s initiative to strike back on recent U.S. tariffs. Crude is down 93 cents (1.46%) this morning and currently trading at $62.58. […]

Weekly Snapshot

Have an article worth sharing? Send it to FUELSNews@mansfieldoil.com, and we’ll share it next week in our Weekly Summary segment.    China’s Counterpunch to Trump’s Tariffs Spark Global Selloff China today announced tariffs on $50 billion worth of U.S. imports, a response to Trump’s issuance of tariffs on $50 billion worth of Chinese goods. Of […]

Natural Gas News – April 3, 2018

Natural Gas News – April 3, 2018 EIA: Gas Storage Design Capacity Slightly Up Hydrocarbon Engineering reported: The US Energy Information Administration’s (EIA) latest ‘Today In Energy’ report suggests that relatively little new underground natural gas storage capacity was built in the Lower 48 states over the past four years. EIA measures natural gas storage […]

Has Oil Supply Lost Its Balance?

Oil prices plummeted nearly $2/bbl yesterday, as geopolitical risk factors such as the Saudi-Iran conflict have cooled (for now) and production numbers pointing to rising supply. Stock markets and oil both fell in unison in response to on-going concerns with U.S.-China trade. After giving up nearly 3% yesterday, crude prices have halted the losses and […]

Natural Gas News – April 2, 2018

Natural Gas News – April 2, 2018 Will U.S. Natural Gas Production Outpace Demand? Forbes reported: Although oil has caught up, it was originally natural gas that ignited the U.S. shale revolution that began about a decade ago. Looking forward now, the upside to gas prices seems as small as it has ever been: our […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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