What is Contango? With the recent drop in crude oil prices, there have been a lot of news stories covering interest in storage plays and demand for storage, both on land and using waterborne cargo vessels. This is driven by a Contango market pricing structure where prompt crude oil prices are below those in the […]
Oil Markets in 90 Seconds…
I made this short video to explain what has happened in the oil markets since last September’s OPEC meeting in Algeria. Click here to watch ‘Oil Market in 90 Seconds…’ Enjoy! Transcript: Hey, Doug Stetzer from EKT Interactive here. And this is what’s been happening in the oil markets since last September’s OPEC […]
Podcast: March Oil Market Report – Commodity Research Group
In this 40 minute podcast, veteran oil analysts Andy Lebow and Jim Colburn of Commodity Research Group discuss the key factors influencing oil prices right now. Despite the fact that this was recorded just before crude oil’s precipitous move lower, you’ll benefit from the commentary on factors that lead up to the move. If you don’t […]
Sound Off Oil and Gas Podcast Discusses Low Oil Prices
In this episode of the Oil and Gas Sound Off Podcast, Joe Perino discusses the current state of low oil prices. While oil prices have rebounded significantly off of their recent lows of around $27 a barrel, it is worth investigating how we got here and where things are headed. Joe takes a good fundamental look […]
Oil and Gas Layoffs Part 2: Finding Alternatives
Finding Alternatives to Layoffs During the periodic downturns in the Oil and Gas business, layoffs are often part of the predictable response. The first article in this series ‘Coping with the crude oil price crunch’ highlighted some layoff related risks and costs that may be ignored or underestimated. Under-appreciated costs of layoffs included: diverted management time […]