field production
-
Comparative Inventory & Oil Storage Report September 3, 2020 (2020-19)
- September 3, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
No Comments
This week, things were scrambled by the effects of Hurricane Laura
-
Comparative Inventory & Oil Storage Report August 27, 2020 (2020-18)
- August 27, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
It took 4.5 years after 2008 Financial Collapse for U.S. refined product use to recover. The magnitude of the 2020 consumption collapse is far larger than that in 2008.
-
Comparative Inventory & Oil Storage Report August 20, 2020 (2020-17)
- August 20, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
This week’s storage report is an excellent example of why a single-pointed focus on crude oil is misguided.
-
Comparative Inventory & Oil Storage Report August 13, 2020 (2020-16)
- August 13, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
Comparative inventory has decreased 15% over 5 weeks. At that rate, it will take 30 months before levels return to the 5-year average which is where things stood at the end of February.
-
Comparative Inventory & Oil Storage Report August 6, 2020 (2020-15)
- August 6, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
Comparative inventory has fallen for two consecutive sessions week ending July 31after four previous weeks of extreme C.I. fluctuations. This suggests that the considerable disequilibrium of the previous month may be stabilizing.
-
Comparative Inventory & Oil Storage Report 1 May (2020-2)
- May 6, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
I anticipate prices will move well below $20 as Cushing reaches working capacity in the next couple of weeks.
-
Earth to EIA: Unaccounted-for Oil is a Big Problem
- January 21, 2020
- Posted by: Art Berman
- Categories: Presentations & Publications, The Petroleum Truth Report
Unaccounted-for oil was the largest factor in crude oil stock changes in 2019.