U.S. Oil and Gas Rig Count Continues on Downward Trend
US oil & gas rig count continued its downward trend following a brief pause last week. US crude production matched its all-time high of 13.3 mbpd....
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US Oil Rig Decline Halts While Gas Rig Count Increases
US oil & gas rig count rebounds after four weeks of decline, with gas rigs boosting the total while oil rigs remain stable. In the Permian Basin,...
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ISM vs Commodity Prices // Upcoming Rice Price Explosion?
ISM vs Commodity Prices The latest ISM Manufacturing data came in lower than expected. It almost seems like economic momentum in the US is fading.
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[ETP 27/2024] Oil Prices Surge While Natural Gas Slides; Energy Majors' Gains Slowdown
US crude oil inventory sees the biggest drawdown since July 2023. TotalEnergies exits South Africa to focus on Namibia. Jefferies cuts Chevron's...
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Energy Cable: Increases in freight rates not transferring into goods inflation (for now)
Greetings from Copenhagen! We’ll take a look at freight rates, copper, and crude from an inflation angle. But before we do that, let’s have a...
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