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Swelling Distillate Inventories Pressure Prices

By: Mike Dombroski / Posted on: May 6, 2020

Prices in the oil sector are under pressure today prompted by a gigantic build in distillate inventories last week as reported in today’s Department of Energy (DOE) petroleum report.

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Novel WTI Crude Collapse Leads to “Super Contango”

By: Adam Dunlap / Posted on: April 21, 2020

April 20, 2020 will go down in history as the first-ever negative trading day for WTI Crude as stocks plunged 321%, saw -$40.32 a barrel, and created a historic “super contango.”

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