“Global oil shortage at 2.77 million barrels per day in August as OPEC, Output falls short of quota by 684,000 barrels per day,” Commenter and Blogger, RJS, Focus on Fracking OPEC’s Monthly Oil Market Report “The Latest US Oil Supply and Disposition Data from the EIA” Monday of this week saw the release of OPEC’s September […]
Focus on Fracking: natural gas prices at a 7 1/2 year high; US crude supplies at a 23 month low, gasoline supplies at a 22 month low, Blogger RJS Natural gas prices also rose during the holiday shortened week as three-fourths of Gulf production still remained shut in as the weekend approached . . . […]
“US crude supplies at a 23 month low, gasoline supplies at a 22 month low,” Focus on Fracking, Blogger and Commenter RJS The Latest US Oil Supply and Disposition Data from the EIA US oil data from the US Energy Information Administration for the week ending September 3rd indicated that after major decreases in our oilfield […]
Oil in longest losing streak since 2019; global oil shortage at 2,540,000 barrels per day; DUC well backlog at 7.1 months, Focus on Fracking, Commenter and Blogger, R,J.S. Thursday of last week saw the release of OPEC’s August Oil Market Report, which covers OPEC & global oil data for July, and hence it gives us a […]
Oil exports drop by the most on record to least since October 2018; global oil shortage at 1.73 million barrels per day, Focus on Fracking, RJS The “global oil shortage” is from my coverage of the May OPEC report, which i’ll paste below; I also revise global oil shortage/surplus estimates for prior months. I don’t […]