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Quarterly Energy Comment (May 10, 2016)
by Bill O’Grady The Market Oil prices have rallied since mid-February and are now back into the price range established last autumn. (Source: Barchart.com) Oil Prices and Inventories Inventory levels...
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Quarterly Energy Comment (December 30, 2016)
by Bill O’Grady The Market Oil prices have broken above their $44 to $52 per barrel trading range in the wake of the recent OPEC output agreement. (Source: Barchart.com) OPEC In a reversal of recent...
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Quarterly Energy Comment (April 11, 2017)
by Bill O’Grady The Market Since December, oil prices have been ranging between $48 and $55 per barrel. (Source: Barchart.com) Prices and Inventories Inventory levels remain elevated, reaching historic...
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Quarterly Energy Comment (July 18, 2017)
by Bill O’Grady The Market Oil prices peaked in March around $55 per barrel. There have been a series of lower highs and lower lows, as shown by the lines on the chart. (Source: Barchart.com) This...
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Quarterly Energy Comment (December 15, 2017)
by Bill O’Grady The Market Oil prices have recovered strongly from the mid-summer lows. It appears we are establishing a new trading range between $55 and $60 per barrel. (Source: Barchart.com) This...
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Quarterly Energy Comment (March 13, 2018)
by Bill O’Grady The Market Over the past quarter, oil prices have ranged from a low of around $56 to a high of $66 per barrel. (Source: Barchart.com) Prices remain elevated, supported by OPEC...
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Quarterly Energy Comment (September 7, 2018)
by Bill O’Grady The Market Since mid-Q1, oil prices have ranged from a low of around $64 to a high of $71 per barrel. (Source: Barchart.com) Prices remain elevated, supported by OPEC production...
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Quarterly Energy Comment (March 21, 2019)
by Bill O’Grady The Market Oil prices have been volatile over the past few months. (Source: Barchart.com) In October, OPEC producers increased output in anticipation of U.S. sanctions on Iran....
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Quarterly Energy Comment (August 27, 2019)
by Bill O’Grady The Oil Market Since June, oil prices have held within a range of $50 to $60 per barrel. (Source: Barchart.com) After a sharp decline in prices from late May into early June, due in...
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Quarterly Energy Comment (December 17, 2019)
by Bill O’Grady The Oil Market Since June, oil prices have held mostly within a range of $50 to $60 per barrel. (Source: Barchart.com) After a sharp decline in prices from late May into early June, due...
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