Oil: It’s About to Get Tight(er) in Here
After more than a year of inventory destocking, prompt crude oil conditions have recently softened primarily due to a timing mismatch between an increase in Saudi Arabian production and an upcoming major decline in Iranian oil exports stemming from additional US...
Oil Constraint Watch: Truck Driver Shortages
We expect current oilfield truck driver shortages to persist and even intensify. This should increasingly act as a constraint on the growth of US shale production, a primary concern regarding the future global supply-demand balance for crude oil. Demand for oilfield...
Global Demand for U.S. Energy – A Midstream Industry Bright Spot
While midstream equity performance remains stubbornly tied to concerns of partnership simplification, distribution stability and more recently the fallout from FERCs mid-March ruling, the U.S. energy industry is quietly posting some very important milestones. Per the...
Energy Stocks and Oil Prices – Opportunity in the Disconnect
If an investor only tracked energy stocks and not commodity prices, there is a good chance he or she would not be aware that oil prices have surged. While many energy equities remain in the doldrums, today’s stout WTI oil price above $63/barrel represents a dramatic...