WTI
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ART BERMAN NEWSLETTER: JUNE 2021 (2021-5)
- June 6, 2021
- Posted by: Art Berman
- Category: Newsletter
4 Comments
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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MacroVoices Crude Update April 22, 2021
- April 23, 2021
- Posted by: Art Berman
- Category: Presentations & Publications
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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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Oil and The Changing World Order
- October 11, 2020
- Posted by: Art Berman
- Category: The Petroleum Truth Report
Oil was responsible for the singular economic growth after World War II. It is the only thing that can prevent slow growth from becoming negative growth in that new world order.
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COMPARATIVE INVENTORY & OIL STORAGE REPORT OCTOBER 8, 2020 (2020-24)
- October 8, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
The C.I. vs WTI yield curve is practically flat using monthly data. That means that markets recognize almost no supply urgency. C.I. continues to march lower but price barely changes.
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COMPARATIVE INVENTORY & OIL STORAGE REPORT SEPTEMBER 23, 2020 (2020-22)
- September 24, 2020
- Posted by: Art Berman
- Category: Oil Comparative Inventory
The message is clear: pay close attention to net imports and exports.