Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Commodities

<ul>
<li>The U.S. oil and gas rig count rose for the second straight week, increasing by 4 to 586 for the week ending 07/Feb.</li>
<li>For the week ending 31/Jan, U.S. oil production rose to 13.48m bpd from 13.24m bpd the week prior.</li>
<li>The number of active oil rigs rose by 1 to 480 and gas rigs grew by 2 to 100. The number of rigs in Permian basin remained unchanged at 303.</li>
</ul>


The U.S. oil and gas rig count rose for the second straight week, increasing by 4 to 586 for the week ending 07/Feb.
For the week ending 31/Jan, U.S. oil production rose to 13.48m bpd from 13.24m bpd the week prior.
The number of active oil rigs rose by 1 to 480 and gas rigs grew by 2 to 100. The number of rigs in Permian basin remained unchanged at 303.


U.S. Rig Count Rises for the Second Straight Week

<ul>
<li>For the week ending 31/Jan, US crude inventories increased by 8.7m barrels, exceeding expectations of a 2.4m barrel build. Gasoline stockpiles unexpectedly rose, while distillate stocks fell more than expected.</li>
<li>US natural gas inventories fell by 174 Bcf for the week ending 31/Jan, beating analyst expectations of a 167 Bcf drawdown. Inventories are 4.4% below the 5-year seasonal average.</li>
<li>TotalEnergies’ Q4 adjusted earnings rose 8.1% QoQ and beat estimates by 4.8% led by robust growth in the LNG and Integrated Power divisions.</li>
</ul>


For the week ending 31/Jan, US crude inventories increased by 8.7m barrels, exceeding expectations of a 2.4m barrel build. Gasoline stockpiles unexpectedly rose, while distillate stocks fell more than expected.
US natural gas inventories fell by 174 Bcf for the week ending 31/Jan, beating analyst expectations of a 167 Bcf drawdown. Inventories are 4.4% below the 5-year seasonal average.
TotalEnergies’ Q4 adjusted earnings rose 8.1% QoQ and beat estimates by 4.8% led by robust growth in the LNG and Integrated Power divisions.


[ETP 2025/06] WTI Pressured by Macroeconomic Uncertainty; Henry Hub Rebounds on Colder Forecasts

Podcast by S&P analysing commodity market trends, Commodities Focus

Commodities Focus

Podcast by S&P analysing commodity market trends

S&P Global Commodity Insights analysis of key news and pricing issues from across the global shipping, natural gas, power, petrochemicals, agriculture, and coal markets.

<ul><li>India is becoming a key player in global oil demand growth, with forecasts predicting substantial expansion in the coming years</li><li>The global oil industry is shifting its focus from China to India as the main driver of demand growth</li><li>Challenges for India in meeting oil demand include weather effects, economic activity rhythms, currency strength, and inflation impacts on affordability</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

India is becoming a key player in global oil demand growth, with forecasts predicting substantial expansion in the coming yearsThe global oil industry is shifting its focus from China to India as the main driver of demand growthChallenges for India in meeting oil demand include weather effects, economic activity rhythms, currency strength, and inflation impacts on affordabilityThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

India Energy Week to seek answers on demand trajectory, oil diplomacy and upstream push

Podcast of business and financial stories, Behind the Money

Behind the Money

Podcast of business and financial stories

From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world.

<ul><li>Trump declares a national energy emergency and calls for increased oil production</li><li>The US shale revolution led to a surge in oil and gas production</li><li>Despite Trump's push for more drilling, the oil industry is hesitant due to current market conditions and oversupply of oil</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Trump declares a national energy emergency and calls for increased oil productionThe US shale revolution led to a surge in oil and gas productionDespite Trump's push for more drilling, the oil industry is hesitant due to current market conditions and oversupply of oilThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Why Big Oil is resisting Trump’s call to ‘drill, baby, drill'

<ul>
<li>WTI futures fell by 2.9% for the week ending 31/Jan on the back of trade policy uncertainty, growing U.S. crude stockpiles, and a strengthening dollar.</li>
<li>WTI options Put/Call volume ratio increased to 1.31 from 0.85 (24/Jan) last week, as call volume rose by 78.1% WoW while put volume surged by 176.3%.  </li>
<li>WTI OI PCR fell to 1.00 from 1.01 last week. Call OI rose by 8.9% WoW, while put OI grew by 6.9%.</li>
</ul>


WTI futures fell by 2.9% for the week ending 31/Jan on the back of trade policy uncertainty, growing U.S. crude stockpiles, and a strengthening dollar.
WTI options Put/Call volume ratio increased to 1.31 from 0.85 (24/Jan) last week, as call volume rose by 78.1% WoW while put volume surged by 176.3%.  
WTI OI PCR fell to 1.00 from 1.01 last week. Call OI rose by 8.9% WoW, while put OI grew by 6.9%.


[US Crude Oil Options Weekly 2025/05] WTI Falls on Softening Demand Outlook and Rising Inventories

United States

Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Crude Oil (CL1 COM COMDTY)

U.S. Rig Count Rises for the Second Straight Week

U.S. oil and gas rig count rises for second week, with oil production also increasing. Permian basin rig count remains steady.

Mint Finance

[ETP 2025/06] WTI Pressured by Macroeconomic Uncertainty; Henry Hub Rebounds on Colder Forecasts

US oil inventories surged, with crude up by 8.7m barrels and gasoline stocks rising, while natural gas inventories fell more than expected. TTE's...

Mint Finance

India Energy Week to seek answers on demand trajectory, oil diplomacy and upstream push

Foreign Mohanty hosts a discussion on India's role in global oil markets, projecting it to be a leading driver of future oil demand growth, with...

Commodities Focus

Why Big Oil is resisting Trump’s call to ‘drill, baby, drill'

Despite Trump's calls for increased oil production to combat inflation and lower energy prices, the oil industry is hesitant to ramp up production...

Behind the Money

[US Crude Oil Options Weekly 2025/05] WTI Falls on Softening Demand Outlook and Rising Inventories

WTI futures dropped 2.9% due to trade uncertainty, rising U.S. crude stockpiles, and a stronger dollar. Put/Call volume ratio increased...

Mint Finance

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

U.S. Rig Count Rises for the Second Straight Week

​U.S. oil and gas rig count rises for second week, with oil production also increasing. Permian basin rig count remains steady.

Mint Finance

[ETP 2025/06] WTI Pressured by Macroeconomic Uncertainty; Henry Hub Rebounds on Colder Forecasts

​US oil inventories surged, with crude up by 8.7m barrels and gasoline stocks rising, while natural gas inventories fell more than expected. TTE's...

Mint Finance

India Energy Week to seek answers on demand trajectory, oil diplomacy and upstream push

Foreign Mohanty hosts a discussion on India's role in global oil markets, projecting it to be a leading driver of future oil demand growth, with...

Commodities Focus

Why Big Oil is resisting Trump’s call to ‘drill, baby, drill'

Despite Trump's calls for increased oil production to combat inflation and lower energy prices, the oil industry is hesitant to ramp up production...

Behind the Money

[US Crude Oil Options Weekly 2025/05] WTI Falls on Softening Demand Outlook and Rising Inventories

​WTI futures dropped 2.9% due to trade uncertainty, rising U.S. crude stockpiles, and a stronger dollar. Put/Call volume ratio increased...

Mint Finance

U.S. oil and gas rig count rises for second week, with oil production also increasing. Permian basin rig count remains steady.

US oil inventories surged, with crude up by 8.7m barrels and gasoline stocks rising, while natural gas inventories fell more than expected. TTE's...

WTI futures dropped 2.9% due to trade uncertainty, rising U.S. crude stockpiles, and a stronger dollar. Put/Call volume ratio increased...