Welcome to the Fuel Matters Blog

A resource to help you buy and manage fuel better

Matt Reese

Matt Reese

With a combined 10 years of customer service and sales experience, I am a detailed and efficient person who provides integrity and exemplary customer service to every business relationship. Consulting, cultivating and caring are qualities that my customers appreciate most.

EPA Seeks Public Participation

By: Matt Reese / Posted on: January 9, 2020

Andrew Wheeler, the Administrator of the Environmental Protection Agency re-introduced the Cleaner Trucks Initiative (CTI) at a livestock exchange in Marshall, Virginia earlier this week.  The policy aims to reduce oxides of nitrogen, NOx, and other pollutants for highway heavy-duty engines by establishing more rigorous emission standards.  Wheeler is calling for public participation in drafting the initiative through his issuing of an Advance Notice of Proposed Rulemaking.

Read More

A New Number One

By: Matt Reese / Posted on: December 16, 2019

Saudi Aramco had its long-awaited initial public offering (IPO) last week debuting on the Tadawul, Saudi Stock Exchange at a valuation of $1.88 trillion.  Aramco’s public debut made it the world’s largest IPO ever, toppling the previous record holder Alibaba in 2014 when they raised $25 billion.  When the market closed today in the capital city of Riyadh, Aramco had a market value of over $2 trillion.

Read More

Brazil Takes a Seat at the Table

By: Matt Reese / Posted on: November 20, 2019

According to recent data and forecasts from Rystad Energy, Brazil’s national oil company Petrobras, is on track to become the world’s largest oil producer among publicly listed companies by 2030.  Earlier this month, Brazil held an oil deposit auction on four blocks with the hopes of receiving interest from international exploration and production companies.  The results of the auction were underwhelming with only two of the four blocks being sold and many of the world’s biggest oil firms not participating.  This led to Petrobras being the sole winner of the Itapu block, while being a ninety percent stakeholder in the Buzios block with Chinese state-owned oil firm CNOOC and CNODC owning the remaining ten percent.

Read More

South Sudan Seeks Investment

By: Matt Reese / Posted on: October 30, 2019

The nation of South Sudan plans to hold an oil licensing auction, inviting oil companies from around the world to bid for 14 oil exploration blocks.  The young country intends to officially launch the tender for the licenses at a conference in the capital city of Juba on October 29-30 with results being declared toward the end of the first quarter of 2020.

Read More

Rising Freight Rates for Shippers

By: Matt Reese / Posted on: October 9, 2019

On Monday October 7, Occidental Petroleum chartered the Very Large Crude Carrier (VLCC) Maran Andromeda to carry oil to South Korea for a record rate of $13.25 million that is set to depart the United States toward the end of November.  The reasons for the spike in freight rates recently for VLCCs is related to sanctions imposed by the United States on China, which is causing oil shippers globally to scramble to find unsanctioned vessels to transport its crude oil.

Read More

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.

Subscribe to our blog

Price Feed

Stay up-to-date on current fuel prices and market trends with our NYMEX price feed (15 minute delay to the live market).

© 2018 Market data provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.

Categories

RSS FEED

feed-icon-28x28.png
Contact Us