. . Market Sentiment Watch: Energyland likely in need of a near term pause, may get that with OPEC meet and greet next week. In today's post please find the natural gas inventory preview (set for another sub average injection and we'll get new weekly supply and demand data from a new source this afternoon), the oil […]
. . Market Sentiment Watch: Light day on the economic front. In today's post please find the oil inventory preview (imports a bigger question mark for the next few weeks to the downside, expecting an all time record for gasoline demand near term, and continued 30,000 bopd-ish per week drop in Lower 48 oil production), the […]
. . Market Sentiment Watch: Expecting another quiet late May day as we approach the 3 day holiday weekend which promises to kick off one of the strongest driving seasons from a demand standpoint in years. In today's post please find post quarter wrap and cheat comments on CPE, comments on PE (mineral acres acquisition and […]
. . Market Sentiment Watch: Lighter week on the economic data front. In energyland, we remain in the post 1Q16 reporting season lull (last week was much busier on the news front than expected) and we will continue to issue end of quarter wrap and cheats and Players updates and plan to do some minor portfolio modifications near […]
. . The ZLT was up 2% last week and is up 21% year to date. The XOP was up 2% last week and is up 14% year to date. Questions and comments under The Wrap will be addressed in the Monday post. .