WTRG Economics Rig Count
                      and Energy Forecasts

Analysis, planning, forecast and data services for energy producers and consumers.
Rig Count News September 18, 2020  U.S. rigs were up 1 for the week. Rigs targeting oil were down 1, gas rigs were up 2 and unclassified rigs were unchanged. Canadian rig count was up 12. Oil was up 11 and gas drilling gained 1 rig.. International rig count for August is up 4. Follow the link for detailed tables and graphs.
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 September 21, 2020
NYMEX Light Sweet Crude
-1.80
$39.31
ICE Brent -1.71
$41.44
RBOB Gasoline NY Harbor
-0.0595
$1.1771
Heating Oil NY Harbor
-0.0517
$1.1073
NYMEX Natural Gas
-0.213
$1.835
 
Links to Oil, Gas, Energy Prices, News & Issues:
Libya shapes up for production reboot; outlook choppy
Oil and gas project sanctioning set to exceed pre-COVID-19 levels from 2022
Oil refiners worldwide struggle with weak demand, inventory glut
Hedge fund selling slows ahead of Saudi warning: Kemp
Crude Oil and Natural Gas Rig Count: U.S. +1, Canada +12 and International +4

Pemex sees plunge in oil exports while supplying AMLO’s refinery
U.S. Seeks Stricter Funding Rules for Abandoned Offshore Oil Wells
Turkey Finds Enormous Gas Field In The Black Sea — But Tricky Process Ahead
OPEC and non-OPEC allies urge ‘full conformity’ with production cuts as oil prices falter
Saudi energy minister warns oil market gamblers will be hurt "like hell"
Bloated diesel stocks weigh down global oil market: Kemp
China’s Appetite for Oil Is Probably Bigger Than It Looks
Oil Prices Recover on Positive Economic Data
Big Bank Makes Bullish Oil Prediction
Venezuela and Iran defy U.S. sanctions with new tanker delivery
Sally strengthens, to hit eastern Louisiana as a hurricane
Oil prices add to losses as supplies swell amid weak demand
Delaware Joins List of States and Localities Suing Big Oil
Oil Inventories Rose by 2.9M Barrels Last Week: API
Strategic oil supply damaged in Hurricane Laura
Enterprise Partners Abandons Permian Pipeline Due to Low Oil Prices
Donald Trump extends moratorium on oil drilling off Florida’s shores
Opec+ lifts compliance as deal's second phase starts
Libya’s NOC trims September crude prices
Oil market cycle slips into reverse: Kemp
Hedge funds grow skeptical of oil market re-balancing: Kemp
OIL FUTURES: WTI slides nearly 4% as market eyes weakened demand outlooks
U.S. refineries struggle with high distillate stocks
Oil prices continue to slide as U.S. data feeds fuel demand worry
Saudis send a message to the oil market with reduced U.S. deliveries
Oil prices fall on lower U.S. refinery demand projections
Two-three weeks for Lake Charles power: Entergy
China’s domestic flights recover to pre-Covid-19 levels
EPA seeks to add Odessa, TX groundwater site to Superfund priority list

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
 
If prices appear to be out of date refresh or reload your browser.  Try the F5 key.




Copyright © 1996-2020 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