Energy Market Assessment 1/2/19 Several Temporary Bearish Events, In A Holiday-Thinned Market, Exaggerating Stock And Oil & Natural Gas Prices Down Has Set UP Much UP.

March 25, 2019
While U.S. oil production up 2.809 mmbd YOY is the big reason for bearishness, U.S. total oil exports up 2.418 mmbd YOY is a powerful growth trend we find few aware of. It suggests crude-oil exporters temporarily reducing supply only 0.391 mmbd will quickly resume oil-market tightening.

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