Welcome to the Fuel Matters Blog

A resource to help you buy and manage fuel better

oil


Bevy of Bullish News Sends Oil Prices Higher

By: Mike Dombroski / Posted on: October 5, 2020

The oil complex is trading much higher this morning due to a flurry of bullish headlines: increased chances of a federal stimulus package, weaker dollar, oil strikes in Norway, and the development of Tropical Storm Delta.

Read More

A2A Is Underway

By: Matt Reese / Posted on: September 29, 2020

President Trump announced last week that he will be issuing a Presidential Permit for a freight railway project that will run from Alberta, Canada to Alaska, called A2A Railway. The project will cost $22 billion and will transport a variety of commodities such as oil and iron ore, as well as other container goods. The rail line will run close to 1,600 miles (2,570 kilometers) from Anchorage, Alaska through Yukon and Northwest Territories into northern Alberta.

Read More

How Close are We to Peak Oil Demand?

By: Jon Babyak / Posted on: June 29, 2020

The COVID-19 pandemic has been particularly tough on the oil industry, and it appears as though the impacts will be felt well beyond the immediate future.  According to BloombergNEF, peak fuel demand will come sooner than previously predicted, with gasoline demand peaking in 2030 and on road diesel demand peaking shortly after in 2033.  While there are other factors in play, COVID-19 certainly appears to be expediting the process.

Read More

Cyclone Amphan and COVID-19 Impact on Oil Recovery

By: Ryan Wolfe / Posted on: May 28, 2020

Just last week, India was hit with the 1st cyclone of the season.  Cyclone Amphan struck West Bengal directly wiping out any structure within reach.  Amphan’s path of destruction included farmland, schools, businesses, and homes. 10 million people have been affected and 500,000 have lost their homes due to the cyclone.  This storm is especially unique because India has recently been on  “lockdown” of sorts due to the COVID-19 pandemic. A disaster like this is forcing the intermingling of people that have previously been practicing the social distancing concept to flatten the COVID-19 curve. 3 million people were successfully evacuated prior to the storm, but the balance would rather try to fight off mother nature instead of being confined in a small space.  It was a true case of “pick your poison”.

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