DAILY OIL PRICE: August 3, 2021

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Crude Oil: 70.56  (-0.70). Nymex MTD AVG:  71.9233. Natural Gas: 4.027   (+0.092). Gasoline: 2.2708   (-0.0039). Spreads: September/October   (+0.53)  October/November   (+0.59). Plains WTI Posting:...

DAILY OIL PRICE: August 2, 2021

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Crude Oil: 71.26  (-2.69). Nymex MTD AVG:  72.6050. Natural Gas: 3.935   (+0.021). Gasoline: 2.2747   (-0.0600). Spreads: September/October   (+0.65)  October/November   (+0.70). Plains WTI Posting:...

Prices of oil, gas intrigue

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Predicting what the prices of oil and natural gas will be in the next few months requires the weighing of several factors besides just...

ELAM: Potential significant market tops underway

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The years 2014-2016 saw the price of crude drop from $110 to just under $30. There is a six-year cycle in various markets. Crude...

US rig count down three as oil prices climb

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The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 243 rigs active...

DAILY OIL PRICE: July 30, 2021

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Crude Oil: 73.95  (+0.33). Nymex MTD AVG:  72.8177. Natural Gas: 3.914   (-0.145). Gasoline: 2.3659   (+0.0145). Spreads: September/October   (+0.72)  October/November   (+0.80). Plains WTI Posting:...

DAILY OIL PRICE: July 29, 2021

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Crude Oil: 73.62  (+1.23). Nymex MTD AVG:  72.7397. Natural Gas: 4.059   (+0.092). Gasoline: 2.3514   (+0.0432). Spreads: September/October   (+0.64)  October/November   (+0.77). Plains WTI Posting:...

DAILY OIL PRICE: July 28, 2021

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Crude Oil: 72.39  (+0.74). Nymex MTD AVG:  72.7082. Natural Gas: 4.044   (+0.073). Gasoline: 2.3082   (-0.0059). Spreads: September/October   (+0.60)  October/November   (+0.77). Plains WTI Posting:...

DAILY OIL PRICE: July 27, 2021

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Crude Oil: 71.65  (-0.26). Nymex MTD AVG:  72.7200. Natural Gas: 3.971   (-0.131). Gasoline: 2.3141   (+0.0058). Spreads: September/October   (+0.51)  October/November   (+0.72). Plains WTI Posting:...

DAILY OIL PRICE: July 26, 2021

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Crude Oil: 71.91  (-0.16). Nymex MTD AVG:  72.7612. Natural Gas: 4.102   (+0.042). Gasoline: 2.3083   (+0.0170). Spreads: September/October   (+0.57)  October/November   (+0.77). Plains WTI Posting:...