If Your Forward Curves Aren’t Automated, You’re Doing It Wrong
Energy traders know that the market never sleeps. Commodity prices are changing in real-time –so why aren’t your analytics? Get a competitive edge with automated forward curves. Enverus Trading & Risk has enhanced technology to update curves in real-time, giving traders, analysts, and brokers the most updated and accurate pricing data available. Whether you’ve been […]
The Week Ahead For Crude Oil, Gas and NGLs Markets – November 4, 2019
[contextly_auto_sidebar] CRUDE OIL US crude oil inventories increased by 5.7 MMBbl last week, according to the weekly EIA report. Gasoline inventories decreased 3.0 MMBbl while distillate inventories decreased 1.0 MMBbl. Total petroleum inventories posted a decrease of 2.2 MMBbl. US crude oil production was unchanged from the previous week, per EIA, while crude oil imports […]
To E-frac or Not? Not Everyone is Sold on the Method
With an abundance of cheap natural gas being produced across the U.S., oil & gas operators are considering utilizing the clean-burning fuel as a fuel source for hydraulic fracking fleets. Electric frac, or e-frac, fleets use electric-driven pumps that are most commonly powered by natural gas turbine generating units, according to Baker Hughes CEO, Lorenzo […]
Prices Steady as Gas Injection Reported Below Expectation
[contextly_auto_sidebar] Natural gas storage inventories increased 89 Bcf for the week ending October 25, according to the EIA’s weekly report. This is slightly lower than the market expectation, which was an injection of 91 Bcf. Working gas storage inventories now sit at 3.695 Tcf, which is 559 Bcf above inventories from the same time last […]
Prices Drop Due To Crude Oil Inventory Build
[contextly_auto_sidebar] US crude oil stocks increased by 5.7 MMBbl. Gasoline and distillate inventories decreased 3.0 MMBbl and 1.0 MMBbl, respectively. Yesterday afternoon, API reported a crude oil build of 0.6 MMBbl alongside gasoline and distillate builds of 1.6 MMBbl and 1.9 MMBbl, respectively. Analysts were expecting a crude oil build of 0.7 MMBbl. Total petroleum […]
Parsley Efficiencies Coming to Jagged Peak’s Premium Acreage
Since the beginning of 2018, the Permian has seen a notable number of billion dollar plus corporate mergers such as Concho Resources’ $9.5 billion deal for RSP Permian; Diamondback Energy’s $1.2 billion buy of Ajax Resources and $9.2 billion buy of Energen; and Cimarex Energy’s acquisition of Resolute Energy for $1.6 billion. Much of the […]
Equity Markets Closed for Energy Companies and Bond Markets Challenging Amid a Down Market
October 30, 2019
Four Crude Forecasts That Caught Our Attention at the Energy Trading Risk Summit
The global crude market is due to turn back toward oversupply in 2020. What does this mean for WTI prices and rising U.S. crude exports? At the inaugural Alpha Insight Energy Trading Risk Summit in Houston last week, we took the audience through four important implications that the coming supply surplus will mean for crude […]
The Week Ahead For Crude Oil, Gas and NGLs Markets – October 28, 2019
[contextly_auto_sidebar] CRUDE OIL U.S. crude oil inventories decreased by 1.7 MMBbl last week, according to the weekly EIA report. Gasoline and distillate inventories decreased 3.1 MMBbl and 2.7 MMBbl, respectively. Total petroleum inventories posted a substantial decline of 9.0 MMBbl. U.S. crude oil production was unchanged from the previous week, per the EIA, while crude […]
Injection Meets Market Expectation, Prices Steady
[contextly_auto_sidebar] Natural gas storage inventories increased 87 Bcf for the week ending October 18, according to the EIA’s weekly report. This is slightly lower than the market expectation, which was an injection of 88 Bcf. Working gas storage inventories now sit at 3.606 Tcf, which is 519 Bcf above inventories from the same time last […]