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Oil Prices


What In The World?

By: Sam Klein / Posted on: November 8, 2018

As we approach the holidays, here are a few things oil and gas companies are juggling:

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The Saudi Slide

By: Greg Gill / Posted on: October 24, 2018

Khalid Al-Falih is viewed as one of the most influential individuals in the global oil market.  Investors, traders and other energy experts pay attention when he delivers a message.   Yesterday, the Saudi Energy Minister Khalid Al-Falih said that Saudi Arabia will be ready to “meet any demand that materializes to ensure customers are satisfied”.    Shortly thereafter crude markets began to slide downward.

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OPEC Out

By: Greg Gill / Posted on: September 26, 2018

Crude prices have been surging the last few weeks with the expected loss of Iranian supply beginning November 4th. With that, the U.S. has been ramping up pressure on OPEC to increase production in an attempt to lower oil prices.     

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New NAFTA

By: Greg Gill / Posted on: August 28, 2018

Yesterday, the United States and Mexico settled on new concessions that will make changes to the current North American Free Trade Agreement (NAFTA).    The hope is to improve upon the U.S. $69-billion trade deficit with Mexico. 

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Who Let the Bulls Out?

By: Mike Dombroski / Posted on: August 22, 2018

The oil market is rallying today primarily because of a sizable crude oil draw reported by the DOE, a softening dollar, and bullish OPEC comments.

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Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED "AS IS," WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.

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