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:...

ELAM: Volatility reigns in the markets

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Monday July 19 crude oil futures dropped 7.5% In this space we frequently warn that the crude oil and its refined products are both an...

Basin rig count up four

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The rig count in the Permian Basin was up four this week, the latest count Friday by Baker Hughes shows, with 242 rigs active...

DAILY OIL PRICE: July 23, 2021

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Crude Oil: 72.07  (+0.16). Nymex MTD AVG:  72.8583. Natural Gas: 4.060   (+0.057). Gasoline: 2.2913   (+0.0181). Spreads: September/October   (+0.69)  October/November   (+0.86). Plains WTI Posting:...

DAILY OIL PRICE: July 22, 2021

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Crude Oil: 71.91  (+1.61). Nymex MTD AVG:  72.8941. Natural Gas: 4.003   (+0.044). Gasoline: 2.2732   (+0.0565). Spreads: September/October   (+.77)  October/November   (+0.88). Plains WTI Posting:...

DAILY OIL PRICE: July 21, 2021

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Note: The August Contract has expired, and the September Contract is now prompt. Today, the September Contract price increased by $3.10. Prompt month to prompt...

DAILY OIL PRICE: July 20, 2021

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Crude Oil: 67.42  (+1.00). Nymex MTD AVG:  73.0730. Natural Gas: 3.876   (+0.097). Gasoline: 2.1315   (+0.0211). Spreads: August/September   (+.22)   September/October   (+0.58). Plains WTI Posting:...

DAILY OIL PRICE: July 19, 2021

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Crude Oil: 66.42  (-5.39). Nymex MTD AVG:  73.3705. Natural Gas: 3.779   (+0.105). Gasoline: 2.1104   (-0.1432). Spreads: August/September   (+.07)   September/October   (+0.59). Plains WTI Posting:...

US rig count up five as prices fall

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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 238 rigs active...