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Month: June 2020

Category:
  • Transportation
  • USA

Business Travel Won’t Be Taking Off Soon Amid Coronavirus

Should you Zoom or FaceTime? How about a Houseparty? Amid social distancing, in-person events have been replaced by pixels on a screen. WSJ’s Nicole Nguyen offers tips for navigating the Continue Reading

Posted On : 16 Jun 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Drilling Productivity Report

The Drilling Productivity Report uses recent data on the total number of drilling rigs in operation along with estimates of drilling productivity and estimated changes in production from existing oil Continue Reading

Posted On : 16 Jun 2020 Published By : Tom Whipple
Category:
  • Canada
  • Prices

Canadian Banks Hit Hard By Low Oil Prices

Canada’s government has been perhaps surprisingly ready to help the country’s ailing oil industry. Interest-only loans , backstopping loans that troubled companies can’t pay have been among the steps taken Continue Reading

Posted On : 16 Jun 2020 Published By : Tom Whipple
Category:
  • Natural Gas Supply

Permian gas production rebound drives forward-market revaluation at Waha

Rebounding associated gas production in the Permian Basin has been weighing on balance-of-summer prices at Waha recently as forwards markets reevaluate the outlook for Texas’ supply-demand fundamentals. Through June 15, Continue Reading

Posted On : 16 Jun 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

US crude stocks expected lower on storm-driven production decline

 US crude inventories are expected to have fallen last week amid weather-related Gulf of Mexico production losses and a drop in imports, an S&P Global Platts analysis showed June 15. Continue Reading

Posted On : 16 Jun 2020 Published By : Tom Whipple
Category:
  • LNG
  • USA

US LNG feedgas drop may mean higher than reported June cargo cancellations

Depressed global demand and low prices to blame Outlook suggests summer trend could spread to fall The biggest US LNG export terminal saw its lowest utilization in 16 months as Continue Reading

Posted On : 16 Jun 2020 Published By : Tom Whipple
Category:
  • Shale Oil

US shale oil output to fall to 7.6 million b/d in July, lowest in 2 years: EIA

US shale oil production will slip to 7.632 million b/d in July, down 93,000 b/d from June and the lowest in two years, the US Energy Information Administration said June Continue Reading

Posted On : 16 Jun 2020 Published By : Tom Whipple
Category:
  • Economy
  • USA

U.S. expected to report record rise in monthly retail sales

U.S. retail sales likely experienced a record rise in May as 2.5 million Americans went back to work, although any rebound will retrace only a fraction of the historic drops Continue Reading

Posted On : 16 Jun 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

Parts of Mid-Atlantic, Southeast may see up to 10 inches of rain because of stalled storm system

The National Weather Service’s forecast for precipitation through June 20. (Pivotal Weather) An upper-level “cutoff” low is seen swirling over the eastern United States on June 15 in this water Continue Reading

Posted On : 16 Jun 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

U.S. Shale Production To Drop to 7.6 Million Bpd In July

Oil production from the seven most prolific U.S. shale basins will fall to 7.632 million barrels per day, the Energy Information Administration said on Monday in its latest edition of Continue Reading

Posted On : 16 Jun 2020 Published By : Tom Whipple

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