Trade Prospects Improve, California Power Outage

Oil prices are trading flat this morning after impressive gains to end last week. Oil prices saw the largest leap since the Saudi oil attack in September, demonstrating the power of positive trade news and low inventory concerns. Crude oil is currently trading at $56.64, unchanged from Friday’s close. Fuel prices are also mixed/flat. Diesel […]

Mid-Week Review – September 25, 2019

Oil Drops on Signs of Returning Saudi Supply as Doubts Linger Oil fell on signs Saudi Arabia is making progress in restoring output even as uncertainty remains about the kingdom’s ability to bring back all lost supply by the end of the month. Saudi Aramco is returning most of its domestic oil refineries to full […]

California Proposes Increases in Fuel and Vehicle Taxes to Fund Transport Facilities

“I like to pay taxes. With them, I buy civilization”   —Said No One Ever Admittedly, the “Said No One Ever” part was added by the author. The quote is accepted as a paraphrase of “Taxes are what we pay for a civilized society,” written by U.S. Supreme Court Justice Oliver Wendell Holmes, Jr., in a […]

Mansfield Power and Gas Weekly

Analysis by Martin Trotter After disappointing storage data the previous week, demand bounced back, registering a withdrawal of just over 150 bcf for last week’s storage report. The withdrawal, which exceeded some expectations, marked a notable increase in consumer demand week over week and edged storage levels down closer to the 5 year average. While […]

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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