CRUDE SLIDES AMID DEMAND AND SUPPLY CONCERNS

China’s economic outlook and the Delta variant tanker were the most recent forces that led to crudes slip to open the month of August. Brent crude at writing was lower by 2.02% at $73.89/bbl while WTI slipped 2.31% and fell to $72.24/bbl. In mid-July OPEC+ met to discuss growing demand and supply increases. After some […]

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Sidestepping the Shutdown

With the partial government shutdown milling around out there, oil has found a way to stay the course.  Seeing that energy production has become essential for the U.S. Economy, the Bureau of Land Management as issued exemptions for the energy fields.  The Bureau of Land management is the governing body that oversees oil and gas […]

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