OPEC+
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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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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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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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COMPARATIVE INVENTORY & OIL STORAGE REPORT SEPTEMBER 17, 2020 (2020-21)
- September 17, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
The most positive and consistent take-away from this and recent oil storage reports is falling comparative inventory. There are, of course, substantial qualifications.
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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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Saudi Arabia Thinks OPEC+ Is Central Bank of Oil—Fire The Banker!
- July 15, 2020
- Posted by: Art Berman
- Category: The Petroleum Truth Report
OPEC+ has done a dreadful job of managing world oil markets over the last three-and-a-half years.
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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.
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Art Berman Newsletter: April 2020 (2020-3)
- May 6, 2020
- Posted by: Art Berman
- Category: Newsletter
Much lower oil prices are inevitable in all scenarios once the false optimism of the present oil rally is recognized.
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Oil Markets During and After Coronavirus: SPE Gulf Coast Section April 20 2020
- April 20, 2020
- Posted by: Art Berman
- Category: Presentations
The old economy is gone. Its energy substrate will be different going forward.