The Fracking Revolution working for oil and smart investing has the U.S. now the world’s largest exporter of oil products. The trend is up despite last week’s export drop which we credit to the industry giving employees time off Continue reading →
Selling oil-prices down last week was helped by the popular notion, that President Trump pulling out of the Paris “Climate-Change Agreement” will have terrible economic consequences and no one knowing that U.S. crude-oil inventory declined 7.4 mmb two weeks ago Continue reading →
The notion that crude-oil exporters aren’t doing enough is credited for yesterday’s oil-price drop. Nevertheless, U.S. crude-oil inventory declining looks on track to switch from YOY increase to YOY decline.