DAILY OIL PRICE: May 25, 2021

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Crude Oil: 66.07  (+0.02). Nymex MTD AVG:  64.7448. Natural Gas: 2.913   (+0.027). Gasoline: 2.1173   (-0.0004). Spreads: July/August   (+.28)   August/September   (+.47). Plains WTI Posting:...

ELAM: Is this the home stretch?

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Wall Street aims for 2 Day Win Streak Amid Inflation Fears Yahoo finance Friday morning Crude oil has been tracing out what appears for be a...

Basin rig count unchanged as prices decline

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The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 231 rigs active in...

DAILY OIL PRICE: May 21, 2021

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Note: The June Contract has expired, and the July Contract is now prompt. Today, the July Contract price increased by $1.64. Prompt month to prompt...

DAILY OIL PRICE: May 20, 2021

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Crude Oil: 62.05  (-1.31). Nymex MTD AVG:  64.7880. Natural Gas: 2.925   (-0.039). Gasoline: 2.0472   (-0.0548). Spreads: June/July   (+.11)   July/August   (+.15). Plains WTI Posting:...

DAILY OIL PRICE: May 19, 2021

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Crude Oil: 63.36  (-2.13). Nymex MTD AVG:  64.9321. Natural Gas: 2.964   (-0.048). Gasoline: 2.1020   (-0.0589). Spreads: June/July   (+.01)   July/August   (+.17). Plains WTI Posting:...

DAILY OIL PRICE: May 18, 2021

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Crude Oil: 65.49  (-0.78). Nymex MTD AVG:  65.0194. Natural Gas: 3.012   (-0.097). Gasoline: 2.1609   (+0.0026). Spreads: June/July   (-.01)   July/August   (+.17). Plains WTI Posting:...

ELAM: Texas bounces back

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I just finished an hour webinar with Dallas Federal Reserve Economist Keith Phillips. Texas is coming back better than other states from the COVID...

US rig count up by five

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The rig count in the Permian Basin was up two this week, the latest count Friday by Baker Hughes shows, with 231 rigs active...

DAILY OIL PRICE: May 14, 2021

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Crude Oil: 65.37  (+1.55). Nymex MTD AVG:  64.9119. Natural Gas: 2.961   (-0.012). Gasoline: 2.1266   (+0.0313). Spreads: June/July   (+.01)   July/August   (+.20). Plains WTI Posting:...