Petrochemicals
Petrochemicals , Crude Oil
Opinion: Recovering Oil Demand Could Drive Market into Deficit by July
Similar recoveries in fuel consumption are expected at varying rates across the globe as countries gradually emerge from lockdown and are likely to push the oil market into supply deficit in the third quarter.
Petrochemicals , Crude Oil , Storage
US Crude Oil Stockpiles Unexpectedly Drop for First Time Since January
Stocks in Cushing fell by 3 million barrels in the last week, the EIA said. The hub, coming into this week's data, is more than 80% full, as producers find themselves with fewer places to store oil.
Petrochemicals , Crude Oil
EIA: US Oil Demand Set to Crash by 2.2 Million bbl/d in 2020
Meanwhile, U.S. crude production is expected to fall 540,000 bbl/d from last year's record high to 11.7 million bbl/d in 2020, compared with the EIA's previous forecast for a decline of 470,000 bbl/d.
Petrochemicals , Crude Oil , Shale Plays , Storage
Falling Diesel Use Makes US Oil Industry ‘Like the Snake Biting Its Own Tail’
William Thomas, CEO at EOG Resources Inc., said May 8 on an investor call that the "historic and prolific oil production growth by U.S. shale may have been forever altered."
Business , Petrochemicals , Crude Oil , Trade , Storage
On the Money: Anxiety over Crude, Product Inventories
There is fear that crude and product inventories held in storage will be filled to tank tops in the near term.
Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , Storage
Frac Spread: NGL Prices Rise, but Outlook Joyless
The gloomy forecast will falter if COVID-19 passes quickly and the global economy recovers its appetite for hydrocarbons.
Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , Storage
Frac Spread: Shale Shares Misery Down Value Chain
NGL price collapse deprives oil and gas producers who leaned on associated liquids when crude struggled.
Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , Storage
Frac Spread: Worst Week Ever For NGL Prices
Aftershocks of Market Meltdown Monday continue, with collapsing oil prices dragging down NGL and complicating export markets.
Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , International , Storage
Frac Spread: Oil Fight Hits NGL Prices Hard
Hypothetical barrel tumbles to four-year low with tightly squeezed margins.
Petrochemicals , Natural Gas liquids (NGL) , Natural Gas , Frac Spread , Crude Oil , Storage
Frac Spread: Viral Woes For Oil, Gas, NGL Prices
Volatile global crude markets weigh down the rest of oil and gas commodities.