• 3 minutes Shale Oil Fiasco
  • 7 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 12 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 16 minutes Global Debt Worries. How Will This End?
  • 15 mins americavchina.com (otherwise known as OilPrice).
  • 6 hours Democrats through impeachment process helped Trump go out of China deal conundrum. Now Trump can safely postpone deal till after November 2020 elections
  • 16 hours Forget The Hype, Aramco Shares May be Valued At Zero Next Year
  • 1 day Natural Gas
  • 9 hours Iraq war and Possible Lies
  • 9 hours POTUS Trump signs the HK Bill
  • 21 hours Joe Biden, his son Hunter Biden, Ukraine Oil & Gas exploration company Burisma, and 2020 U.S. election shenanigans
  • 12 hours READ: New Record Conoco Eagleford Vintage 5 wells, their 5th generation test wells . . . Shale going bust . . . LAUGHABLE
  • 2 days 2nd Annual Great Oil Price Prediction Challenge of 2019
  • 2 days Wallstreet's "acid test" for Democrat Presidential candidate to receive their financial backing . . . Support "Carried Interest" . . Leave it alone
  • 2 days Winter Storms Hitting Continental US
  • 1 day Aramco Raises $25.6B in World's Biggest IPO
  • 2 hours Everything you think you know about economics is WRONG!
  • 1 day My interview on PDVSA Petrocaribe and corruption

Breaking News:

Surprise Crude Build Threatens Oil Rally

Sentiment Vs. Fundamentals: How Weak Are Oil Markets?

Natural Gas

As investors and market commentators we must always be asking ourselves- what are we missing? This is true when we’re correct on the market and our position is winning. Obviously, it’s true when we’re wrong on the market as well. We’ve been asking ourselves ‘what are we missing?’ a bunch in the last four weeks as Brent crude moved from $75 to $70 despite a.) continued OPEC+ cuts and increased odds of a deal extension in June, b.) an unexpected end to the US waiver program on Iranian crude which has effectively banned the nation’s oil from the global market and c.) the increased threat of hostilities between the US, Saudi Arabia and Iran.

It’s obvious to point to the collapse of the US/China trade deal as keeping a lid on oil prices. After all, global stock markets are sharply lower in May and government bond yields have moved lower as investors have rushed for safety while Washington and Beijing seemed to move farther from a deal than ever. Can’t we just point to US/China relations as the sole cause of oil’s drop? Well, maybe. But it’s always necessary to keep digging for a less obvious trend and it’s wise to keep abreast of lurking risk in the market. On that note, we were particularly interested in an oil-focused piece recently released by the Federal Reserve Bank of Dallas which was focused on the link between crude prices and the break-even prices at the US’s hottest shale producing region.

The…




Oilprice - The No. 1 Source for Oil & Energy News