OPEC Reveals Long-Term Cut Strategy

Markets are cooling quickly this morning after a wild ride yesterday. Prices soared in yesterday’s early morning trading, but settled more than a dollar below the day’s highs. Today, markets are sinking, unable to garner strength to re-approach $60/bbl. Crude oil is currently trading at $57.50, down $1.59 from Monday’s close. Fuel prices are also […]

Natural Gas News – April 3, 2019

Natural Gas News – April 3, 2019 Natural Gas Pipeline In Germany Holds “Green” Methane; Austria Has Similar Plans ARS Technica reported: A Düsseldorf, Germany- based energy company called Uniper announced last week that it sent methane made from renewable hydrogen into the local natural gas pipeline. The methanation plant in Falkenhagen that made the […]

Natural Gas News – March 7, 2019

Natural Gas News – March 7, 2019 Natural gas trading, prices increase on colder weather, nuclear outages OS&P Global reported: North American natural gas trading has been relatively higher the last four trading sessions as colder weather and nuclear outages increased the market’s reliance on gas to meet its needs. S&P Global Platts received 8,660 […]

Prices Fizzle Out after EIA Data

The oil complex is trading mostly flat this morning and is set to end the week lower. Crude fell to two-week lows yesterday, losing 87 cents as the market processed an overall bearish EIA report. Although crude saw a large inventory draw, both products and Cushing stocks built, giving the market a more bearish sentiment. […]

Mid-Week Review

Melting Arctic a Boon for Energy Trade Melting ice caps may not be all bad. As the Arctic Circle becomes more navigable, more ships are able to travail the region, taking less time than icebreakers to deliver their products. Still, environmentalists worry that more ships passing through the region could emit more black carbon, causing […]

How Laws of Nature Impact Fuel Procurement

Net verses Gross Gallons – What’s the difference? Have you ever questioned why there are two different gallon amounts listed on a BOL (Bill of Lading) for the same delivery? You may have ordered a specific gallon amount (gross) but then were invoiced for a net amount. It’s a common quandary for fuel purchasers. How […]

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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