RBC Richardson Barr – Oil and Gas News, Commodities Prices, Stock Prices

http://www.rbcrichardsonbarr.com/

Eagle Ford Shale Time Lapse

Yahoo:  Independent Oil & Gas

• Oil’s Apocalyptic April Could Reverberate for Years to Come
  (Bloomberg) -- Oil is entering a period of unparalleled demand destruction this month that promises to transform the industry for years to come.Daily consumption will plummet by 15 million to 22 million barrels in April from a year earlier, according to estimates from some of the world’s most influential energy analysts. The crash has already led to refiners […]
• Jim Rogers Expects ‘Worst Bear Market in My Lifetime’ in Coming Years
• Becton Dickinson, BioMedomics launch test to detect past, current coronavirus exposure
• World’s Top Gold Market Freezes as Chinese Shoppers Stay Away
  (Bloomberg) -- The coronavirus pandemic has frozen the Chinese gold market, torpedoing demand at a time when investors elsewhere in the world are clamoring for the safety of bullion.China is the biggest buyer of gold bars, coins and jewelry, but the national shutdown to contain the virus has emptied malls, while the premium charged to buy the metal in China […]

Drilling Info

• The Week Ahead For Crude Oil, Gas and NGLs Markets – March 30, 2020
  CRUDE OIL May WTI settled at $21.51/bbl on Friday, down from last Wednesday’s high of $25.24/bbl. As of this morning’s trading, front-month WTI was testing support at $20/bbl and the front spread has continued deeper into contango at $3.81/bbl. The last time the front spread was this far in contango was in February 2011, when […]
• Coronavirus Power Demand Destruction Forecasting 101
  When the coronavirus power load demand destruction began appearing in Enverus Trading & Risk’s daily ISO load forecasts, our team had to quickly tackle a new set of realities. Just like businesses all over the world, we were faced with never-before-seen scenarios as a result of the nationwide shutdowns. Our machine learning-based forecasting tools have [ […]
• EIA Reports Gas Draw Above Expectations, Full Impact of COVID-19 Yet To Be Seen
  Natural gas storage inventories decreased 29 Bcf for the week ending March 20, according to the EIA’s weekly report. This was larger than the expected draw of 26 Bcf. Working gas storage inventories now sit at 2.005 Tcf, which is 888 Bcf above inventories from the same time last year and 292 Bcf above the […]
• Prices Rise Despite A Build In The Crude Inventory
  US crude oil stocks posted an increase of 1.6 MMBbl. Gasoline and distillate inventories decreased 1.5 MMBbl and 0.7 MMBbl, respectively. Yesterday afternoon, API reported a crude oil draw of 1.25 MMBbl alongside gasoline and distillate draws of 2.6 MMBbl and 1.9 MMBbl, respectively. Analysts, to the contrary were expecting a crude oil build of […]

ShaleBlog
Unable to display feed at this time.

Other News Links
TEAI
RBC Capital Markets
Fuel Fix