US Gulf Coast refineries operated at a record rate last week, according to the Energy Information Administration. You can see our analysis of the latest numbers here.
Archive for the ‘oil fundamentals’ Category
By News Desk | August 20, 2014 02:10 PM Comments (0)
By News Desk | August 13, 2014 02:57 PM Comments (0)
By News Desk | August 6, 2014 01:20 PM Comments (0)
This week’s EIA oil inventory data recorded a big drop in US gasoline inventories for last week. You can see our analysis of the numbers here.
By News Desk | July 30, 2014 02:40 PM Comments (0)
By Steven Kopits | July 30, 2014 11:57 AM Comments (14)
Steven Kopits is the Managing Director of Princeton Energy Advisors, LLC. He is currently writing a book on supply-constrained oil markets analysis.
Once again, we return to the debate over the direction of oil prices, this time led by the high price school.
In a recent article, Professor James Hamilton of the University of California argues that sluggish supply growth, coupled with sustained emerging market demand, will tend to keep oil prices elevated. He writes, “the world of energy may have changed forever…hundred dollar oil is here to stay.”
By Ross McCracken | July 29, 2014 12:01 AM Comments (1)
By News Desk | July 16, 2014 04:05 PM Comments (0)
By Olivier Lejeune | July 15, 2014 12:00 PM Comments (1)
It has not been a great year for high sulfur gasoil consumption in Europe, by any stretch of the imagination.
By Stuart Elliott | July 11, 2014 11:43 AM Comments (0)
The International Energy Agency on Friday gave its first taste of how oil markets might look in 2015, and on first reading it looks as though they should be pretty well supplied throughout the course of the year.
The agency’s confidence that non-OPEC supply can meet almost all of the projected growth in demand next year means that OPEC itself won’t need to produce, on average, any more than its current 30 million b/d ceiling. Read the rest of this entry »
By Jodie Gunzberg | July 3, 2014 12:00 PM Comments (0)
Our colleagues at S&P Dow Jones Indices — like Platts, a unit of McGraw Hill Financial — have launched a new commodity index. Investing in commodities through indexes do or do not have a significant impact on price; we cite both sides of the coin to note that it is an issue of significant disagreeement among analysis.
Platts wrote about the launch in this news story on July 1, the day the index was launched. We are republishing here a blog posting from S&P’s blog Indexology, written by Jodie Gunzberg, global head of commodities for S&P Dow Jones Indices. We have featured Jodie’s views on The Barrel previously.