JJETF

U.S. February Oil Production Rebounds

U.S. February oil production rebounded by 578kb/d to 13,154b/d. The largest increases came from Texas and North Dakota. World oil production for January 2024 dropped by 1,402 bcm to 762 bcm. The EIA's February production data shows a rebound from the severe January winter storm.

Weekly Report: what happened at JJETF last week (0429-0503)?

What The Opening Of Trans Mountain Could Mean For Canada's Energy Sector

Is oil stuck in a $70 to $90 trading range? What the opening of the Trans Mountain pipeline means for Canadian oil. What to expect from the demand side of oil this summer. Andriy Yastreb, VP, Portfolio Research at TD Asset Management, speaks about the implications for Canada's energy sector.

What Is Behind The Calm Oil Market?

Crude and product inventories are right around their seasonally adjusted averages for the past five years. A rise in U.S. Crude production and weak demand in China are helping oil inventories maintain average levels. Slow growth in China often hits oil prices with a lag of about 12 months. Despite ongoing geopolitical conflict, oil prices and volatility are relatively low.

Oil Update - April 2024

The Perils Of Owning The Wrong Tech Stocks

Home Market Outlook Today's Market The Perils Of Owning The Wrong Tech Stocks. Louis Navellier says the key to reducing risk is to mix technology stocks with energy stocks. The next big opportunity will be boosting electricity and internet speeds. The race to sort winners from losers will influence the upcoming Presidential election.

Weekly Report: what happened at JJETF last week (0422-0426)?

OPEC Update - April 26, 2024

OPEC expects robust growth in World Demand for Liquid fuel in 2024 and 2025. The OPEC estimates for World Demand in 2023, 2024, and 2025 are significantly different from the EIA estimates. My estimates for future tight oil growth are about 100kb/d lower than OPEC estimates. OPEC Monthly Oil Market Report for April 2024 was published recently.