By Albert Alfonso As for bright spots, there were two big ones. US oil production, the number I watch the most closely, fell by 31,000 bpd to 8.98 million
The long-term prospect for the oil sector “doesn’t bode well” as a supply glut persists, says David Schiegoleit, portfolio manager at U.S. Bank. Originally Aired: Tuesday, 12 April 2016
Discussing the bull and the bear case on oil rig data, with John Kingston, McGraw Hill Financial. Originally Aired: Thursday, 8 April 2016 Original Link
A new report from Mauldin Economics flags Saudi Arabia could have 3-5 years of reserves and borrowing available at 30 dollar oil. John Mauldin, Mauldin economics, provides perspective.
By Carl Surran, SA News Editor Saudi Arabia plans to sell a stake of less than 5% in Saudi Aramco, and is working on a plan to offer shares
Dennis Gartman, The Gartman Letter Editor and CNBC Contributor, discusses the potential threat that Uber poses to the oil market as more millennials are relying on the ride
CNBC’s Jackie DeAngelis discusses the day’s activity in the commodities markets. A massive, 9 million barrel inventory build puts downward pressure on oil prices, which fell below $40
Oil prices need to fall further and force U.S. oil production down before oil markets reach an inflection point, says CEF Holdings’s Warren Gilman. Originally Aired: Tuesday, 22
By Bob Adelmann It doesn’t take long to learn that KimRay, Inc., headquartered in Oklahoma City, is a different sort of oil company — a much different sort.
Crude Oil Production
Don’t expect the $40 price to stay because the fundamentals are too poor, say John Kilduff, Again Capital Partners discussing oil’s move higher and why prices will likely