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Market Drop

By: Ryan Wolfe / Posted on: September 3, 2020

The most recent WTI drop of 2.9% is the largest in a month. Supply versus demand continues to be a curious topic that is the main driver of the current crude oil situation.   Oversupply of crude oil in 2020 continues as just in the past few days in the North Sea there are a combined 12 cargoes that have yet to find a buyer suggesting slow demand is taking place in the region.  

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Safety Measures Reducing Collisions

By: Nick Stanley / Posted on: June 3, 2020

Back in 2014 a large trucking company out of Enid Oklahoma was seeking ways mitigate rear-end collisions.  Groendyke Transport who operates a tanker truck fleet was able to reduce rear-end collisions by almost 34% due to the installation of brake warning blinking light devices to the back of their tanker trailers.

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Turmoil and market stability.

By: Ryan Wolfe / Posted on: September 26, 2019

Recent drone attacks have wreaked havoc on the Saudi Aramco oil facilities along with imposed sanctions on Venezuela and Iran.  These events should all be pointing one direction for the crude prices…..up.  Instead of the anticipated price increase, the recent fear of recession has helped keep the market in check.  

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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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