C.I.
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ART BERMAN NEWSLETTER: JULY 2021 (2021-6)
- July 6, 2021
- Posted by: Art Berman
- Category: Newsletter
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When Jeff Currie says that $4 or $5 gasoline is not a problem because the economy is strong, I’m sure he’s right for Goldman Sachs’ clients. I doubt he talks to the second economy in the UK where he works. I wonder if his company isn’t already shorting oil.
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COMPARATIVE INVENTORY & OIL STORAGE REPORT OCTOBER 16, 2020 (2020-25)
- October 16, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
The most remarkable aspect of this week’s storage report is that oil prices did not increase.
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Comparative Inventory & Natural Gas Storage Report September 4, 2020 (2020-14)
- September 4, 2020
- Posted by: Art Berman
- Category: Gas Comparative Inventory
The gas price rally is probably winding down and a new, higher yield curve will probably result
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Comparative Inventory & Natural Gas Storage Report August 28, 2020 (2020-13)
- August 28, 2020
- Posted by: Art Berman
- Category: Gas Comparative Inventory
A price signal is being sent now to achieve a higher level of supply security next year.
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Comparative Inventory & Natural Gas Storage Report August 21, 2020 (2020-12)
- August 21, 2020
- Posted by: Art Berman
- Category: Gas Comparative Inventory
Price will continue to increase until more rigs are added or there is enough information to assure markets that enough supply exists for the winter.
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Comparative Inventory & Natural Gas Storage Report August 14, 2020 (2020-11)
- August 14, 2020
- Posted by: Art Berman
- Category: Gas Comparative Inventory
A monthly avgerage January price of $3.25-$4.00 wouldn’t surprise me but that’s hardly anomalous or a supply crisis.
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Comparative Inventory & Natural Gas Storage Report August 7, 2020 (2020-10)
- August 7, 2020
- Posted by: Art Berman
- Category: Gas Comparative Inventory
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Comparative Inventory & Oil Storage Report July 1, 2020 (2020-10)
- July 1, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
It should be clear by now that oil demand and economic recovery are going to take a lot longer than optimists imagine.
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This Oil-Price Rally Won’t Last
- December 20, 2019
- Posted by: Art Berman
- Category: header-menu
It will last as long as someone can be found on the other side of the trade. When those counter-parties realize that nothing in the world has fundamentally changed, prices will fall to $51 or $52 as they have with the last three failed rallies of 2019.