WTRG Economics Rig Count
                      and Energy Forecasts

Analysis, planning, forecast and data services for energy producers and consumers.
Rig Count News April 3, 2020  The crash begins. U.S. rig count  was down 64. Rigs targeting oil are down 62, gas rigs are down 2. Canadian rig count was down 13. Oil drilling was down 9 rigs and gas drilling was down 4. International rigs are up 12 for the month of March. Follow the link for detailed tables and graphs.
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. 
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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 April 3, 2020
NYMEX Light Sweet Crude
+3.02
$28.34
ICE Brent
+4.17
$34.11
RBOB Gasoline NY Harbor
+0.0288
$0.6916
Heating Oil NY Harbor
+0.0755
$1.0706
NYMEX Natural Gas
+0.069
$1.621
 
Links to Oil, Gas, Energy Prices, News & Issues:
Trump sees an oil price solution that doesn’t involve tariffs
Aramco delays oil pricing ahead of possible OPEC+ talks
Riyadh's Price Dumping Didn't Work, Only Joint Solution Can Revive Oil Market – Energy Experts
Trump renews tariff threat on growing Saudi-Russian divide
Oil drops 9% following a record surge last week, as OPEC meeting on a production cut is delayed
Crude Oil and Natural Gas Rig Count: U.S. -44, Canada -44

OPEC debating oil output cut of 10 million barrels a day
Kuwait backs OPEC+ meeting, resumes Neutral Zone shipments with Saudi
OPEC+ meeting planned for April 6: RIA, citing Azeri ministry
Venezuela's March oil exports, imports fell amid sanctions, low demand
Trump: US to deploy anti-drug Navy ships near Venezuela
Venezuelan Navy Patrol Ship Sinks After Collision With Cruise Ship
Trump says expects Russia-Saudi oil deal soon, invites U.S. oil chiefs to White House
Oil soars as Trump expects Saudis, Russia to cut production by 10 MMbbl following phone call with Mohammed Bin Salman
Putin calls for action on 'challenging' energy market, Trump laments cheap oil
U.S. petroleum stocks surge as coronavirus stops consumption
China to Start Buying Oil for State Reserves After Crash
Trump Invites Big Oil to Discuss Help for Ailing Industry
Oil selling below $10/bbl at key American hubs
Crude prices edge higher as producers announce cuts
U.S. aims to lease space in emergency oil stockpile, after buying plan canceled - sources
Trump, Putin discuss falling oil prices
Parsley Energy CEO seeks 20% cut in Texas oil output
Some American Oil Selling at Under $10 a Barrel
Facing huge demand loss, global oil refineries cut output
Negative Refinery Margins Force Valero To Shutter Refineries (Seeking Alpha)
Oil demand could decline by 20 million barrels a day in April, says oil expert Dan Yergin
Oil Services sector struggles with low margins, over-supply and weak investor sentiment
Russia calls for new enlarged OPEC deal to tackle oil demand collapse
India Slashes Oil-Refining as More Cuts Seen on Lockdown
Saudi struggles to find buyers for extra crude as demand dives -sources
Delays and shattered hopes: Uganda still waiting for oil riches
U.S. jobless claims skyrocket to 3.283 million
Petrobras cuts output, postpones dividend in face of coronavirus
China's factories reopen, only to fire workers as virus shreds global trade
Some Indian ports declare force majeure, could delay oil discharges - documents, sources
U.S. Calling on Saudis to Halt Plan to Unleash Record Oil Supply
From Asia to America, fuel prices pummeled by coronavirus fallout
U.S. to send envoy to Saudi Arabia; Texas suggests oil output cuts
Rystad Energy: Oil glut months away from topping global storage
U.S. drillers this week cut most oil rigs since April -Baker Hughes
U.S. SPR tenders for 30 million bbl of domestic oil
When Will the Oil War End?
Glut of crude swells across Atlantic basin on coronavirus, OPEC+ hikes
Kremlin says Russia “would like to see crude prices higher”
U.S. oil futures drop to lowest settlement since 2002
Halliburton Furloughs 3,500 Workers at Texas Headquarters
Detroit automakers Ford, General Motors, FCA agree to close all US plants
Iraq Oil Minister Urges OPEC, Non-OPEC Emergency Meeting
Goldman sees oil tumbling another 32% by July as coronavirus hits demand
Saudi Aramco likely to sustain high April oil output through May: CEO
Oil plunge sets off search for tanks, revives dormant Cushing storage trade

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 © 1996-2020 by James L. Williams
 
James L. Williams
WTRG Economics 
P.O. Box 250
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Phone: (479) 293-4081
 
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