Independent Energy Equities & Commodities Research, WHB Energy Research LLC

William H Brown III

WHB Energy Research LLC is an independent energy industry equity and commodity boutique providing analysis and trading/investment recommendations to hedge funds, mutual funds, oil and gas producing companies, energy consuming companies and high net worth individuals. WHB Energy Research LLC fills a major void by providing top level fundamental and qualitative research complemented by state of the art quantitative modeling. WHB Energy Research LLC also engages in physical oil trading activity as an agent/intermediary and also provides expert witness consultation and testimony. From 2003-2005 Mr. Brown established and managed an energy hedge fund for a single investor/client. Specialties: Economic and financial analysis and forecasting of the NYMEX, ICE, and international physical petroleum markets and energy equities in the integrated, independent producer, refining, drilling, service, and transportation sectors.

Independent Energy Equities & Commodities Research

Independent energy equity and commodity boutique

WHB Energy Research LLC

WHB Energy Research LLC is an independent energy industry equity and commodity boutique
providing analysis and trading/investment recommendations to hedge funds, mutual funds, oil
and gas producing companies, energy consuming companies and high net worth individuals.
WHB Energy Research LLC fills a major void by providing top level fundamental and
qualitative research complemented by state of the art quantitative modeling. WHB Energy
Research LLC also engages in physical oil trading activity as an agent/intermediary and also
provides expert witness consultation and testimony. From 2003-2005 Mr. Brown established and
managed an energy hedge fund for a single investor/client. Specialties: Economic and financial
analysis and forecasting of the NYMEX, ICE, and international physical petroleum markets and
energy equities in the integrated, independent producer, refining, drilling, service, and
transportation sectors.

Commodities

<ul>
<li>Trade talk has been emphasizing the substantial discount of NYMEX crude relative to physical, even after adjusting for quality differences.</li>
<li>If U.S. crude oil exports average 5.0 MMB/D in April and May as expected, our model yields a surge in price in absolute terms and relative to physical crude oil.</li>
<li>Our balances imply a tight U.S. market at the end of June, and our quantimental model estimates a second-quarter WTI average of around $124.00 per barrel.</li>
</ul>


Trade talk has been emphasizing the substantial discount of NYMEX crude relative to physical, even after adjusting for quality differences.
If U.S. crude oil exports average 5.0 MMB/D in April and May as expected, our model yields a surge in price in absolute terms and relative to physical crude oil.
Our balances imply a tight U.S. market at the end of June, and our quantimental model estimates a second-quarter WTI average of around $124.00 per barrel.


春の米国総輸出が急増すれば、NYMEX原油価格は現物原油価格に対して上昇する見込み

Crude Oil

春の米国総輸出が急増すれば、NYMEX原油価格は現物原油価格に対して上昇する見込み