oil price
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- October 12, 2021
- Posted by: Art Berman
- Category: The Petroleum Truth Report
3 Comments
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ART BERMAN NEWSLETTER: JUNE 2021 (2021-5)
- June 6, 2021
- Posted by: Art Berman
- Category: Newsletter
Investors demanded fiscal & growth discipline from tight oil. Tight oil delivered but investors are uninterested because there’s no growth story. Bait-and-switch.
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The Great Artificial Oil Price Rally
- April 21, 2021
- Posted by: Art Berman
- Category: The Petroleum Truth Report
Markets are not nearly as suggestible as most analysts and investors. They are cheap and hate to over-pay.
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The Oil Price Rally Is Over
- April 6, 2021
- Posted by: Art Berman
- Category: The Petroleum Truth Report
The rally was over a few weeks ago but until late last week, there was hope it might resume its upward momentum. That seems unlikely for now.
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ART BERMAN NEWSLETTER: APRIL 2021 (2021-3)
- April 1, 2021
- Posted by: Art Berman
- Category: Newsletter
We’re near the end of a price increase that began at less than zero back to the where prices were before the pandemic. That’s a recovery not a rally.
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ART BERMAN NEWSLETTER: NOVEMBER 2020 (2020-10)
- December 3, 2020
- Posted by: Art Berman
- Category: Newsletter
The time from well start to enough production to offset base decline is almost a year—six times EIA’s estimate. It is nearly impossible for U.S. production to be flat at 11 mmb/d for 2021.
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How High Will Oil Prices Go? What the Market Knows
- December 1, 2020
- Posted by: Art Berman
- Category: The Petroleum Truth Report
The market knows that investment is needed immediately. The consequences of ignoring what the market knows may be economically disastrous for a struggling world economy.
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Art Berman Newsletter: July 2020 (2020-6)
- August 5, 2020
- Posted by: Art Berman
- Category: Newsletter
Oil prices are stalled in the low $40s for WTi and mid-$40s for Brent. Producer behavior indicates that prices need to be lower.
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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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Oil Prices and Demand are not Returning to Normal
- May 27, 2020
- Posted by: Art Berman
- Category: The Petroleum Truth Report
We are near the end of a rally whose ceiling will be in the low $40-range for the foreseeable future.