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Oil Complex Rises on Geopolitical Tension

By: Pam Corn / Posted on: June 20, 2019

 

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IEA Reports on Oil Output

By: Pam Corn / Posted on: May 15, 2019

International Energy Association (IEA) reported booming U.S. output will offset falling exports from Iran and Venezuela.

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Everyone Needs to Talk Nice

By: Pam Corn / Posted on: January 7, 2019

Oil prices rose by more than 1 percent on Monday, lifted by optimism that talks could soon resolve the trade war between the United States and China, while supply cuts by major producers also supported the market.

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Tropical Storm Gordon Slams Gulf Coast

By: Daniel Guttman / Posted on: September 5, 2018

 The Gulf Coast is being battered by strong winds and heavy rains courtesy of Tropical Storm Gordon, which hit the Louisiana-Alabama-Mississippi coastline Tuesday night.  As the storm approached land, the winds increased speeds and threatened to be categorized as a fully-fledged hurricane.  Meteorologists are predicting up to 1 foot of rain and inland flooding from Mississippi to Arkansas. 

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South Koreans Snap up Crude

By: Jon Babyak / Posted on: August 3, 2018

There’s been a lot of talk about the U.S. increasing its domestic crude oil production for the sake of exportation, but where exactly is that crude oil being shipped to?  A large portion of the exports will be going to the world’s fifth-largest oil importer, South Korea.  South Korean imports of U.S. crude are expected to hit all-time highs in September and October, with 6 million barrels coming in each month.   

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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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