WTRG Economics Rig Count
                      and Energy Forecasts

Analysis, planning, forecast and data services for energy producers and consumers.
Rig Count News August 11, 2023  U.S. rigs were down 5 for the week. Rigs targeting oil were unchanged, gas rigs down 5 and unclassified rigs were unchanged. Canadian rig count was up 2.
When Oil Futures Price Went Negative Excerpts from our Energy Economist newsletter looking at the first time in history that oil futures closed with a negative price: "I'll pay you $40 per barrel if you take my crude    April 21, 2020."
Subscribe to WTRG's Energy Economist Newsletter   In depth analysis, information and forecasts. In addition to OPEC and crude oil prices, gasoline and natural gas prices, topics include regional, national and international exploration, production and consumption. Details and subscription information.
Energy Blog:
Coal, CO2 and Limitations of Energy Policy

Oil Price History and Analysis   1869   2011. This history of oil prices has 152 years of oil prices and the economic and political events that shaped the price: wars, economy, domestic policy, embargoes, OPEC and price controls.
Measures of Petroleum Dependence and Vulnerability in OECD Countries Examines energy security, petroleum dependence, and petroleum vulnerability of the major consuming countries.  Originally published in Middle East Economic Survey
The Coming Energy Crisis? Parallels with earlier energy crises underscore US vulnerability to oil supply shocks today. This summary of our research appeared in the Oil and Gas Journal the first in a series on Global Energy Security. 

Venezuela Once again a nation in crisis, possibly facing civil war with dire implications for oil prices.
OPEC Issues and Analysis: Articles written over several years analyzing the decisions faced by the Organization of Petroleum Exporting Countries.
National Energy Policy   The report to the President.
Links to oil, gas and general energy news and information
About WTRG Economics.Our products and services
Projects A brief list of some of the projects done by WTRG and its associates.
Crude Oil, Gasoline and Natural Gas Futures Prices

NYMEX Prices for February 9, 2024
NYMEX Light Sweet Crude
+0.62
$76.84
ICE Brent +0.56
$82.19
RBOB Gasoline NY Harbor
-0.0025 $2.3395
Heating Oil NY Harbor
+0.0734
$2.9642
NYMEX Natural Gas
-0.070 $1.847
 
Links to Oil, Gas, Energy Prices, News & Issues:
Saudi Arabia takes a pause - Rystad Energy’s Oil Market Update
US, UK And Israeli Firms Face 50% Rise In Red Sea Ship Insurance Rates
Oil Heads For Weekly Gain as Middle East Conflict Rages Unabated
LNG Projects Poised for Bumper Season Despite Washington Freeze
U.S. Permian Deal Frenzy Adds to Lower Oil Output Growth in 2024
Saudi Arabia's faltering growth shows oil's importance
U.S. natural gas consumption established a new daily record in January 2024
United Arab Emirates invests to meet 2027 crude oil production capacity goal
US-Iran Tensions Over Targeting Cargo Ships Raise Concerns In The Middle East
Exxon, Chevron Ramp Up Permian Oil Growth in Threat to OPEC
China Poised To Take Further Control Of Iraq’s Key Southern Oil Assets
Rising US oil production frustrates OPEC⁺ cuts: Kemp
The Shockingly Bad Methods Used By Some Peak Oil Advocates
Oil Set for Best Week Since October on Rising Geopolitical Risks
Oil Rises on U.S. Crude Stock Draw, Red Sea Attack
US government to delay decision on CP2 natural gas export terminal
Oil Steadies as China Announces Stimulus
Russia Becomes Top China Oil Supplier for First Time Since 2018
Libya’s oil lifeline: Sharara field back in action after turbulent shutdown
Saudi says escalating tensions amid Houthi attacks and US strikes are dangerous

Graphs Oil and Natural Gas Prices
Futures Prices Spot Prices
NYMEX Crude Oil Brent & WTI Cushing
Brent Crude Oil Brent / WTI Price Spread
RBOB Gasoline WTI Cushing, Oklahoma
Heating Oil Brent Spot
NYMEX Natural Gas Gasoline   New York Harbor

Heating Oil   New York Harbor

Natural Gas Henry Hub Louisiana
 
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Copyright © 1996 2024 by James L. Williams
 
James L. Williams
WTRG Economics 
P.O. Box 250
London, Arkansas 72847
Phone: (479) 293 4081
 
To contact us or if you have comments or suggestions,
email WTRG at wtrg@wtrg.com