Oil Rises as European Leaders Prep for Debt Talks at Bloomberg.
The last headline I expected to see upon returning from holiday: U.S., U.K. to Call for Strategic Petroleum Reserve Release? Iacono Research. Dennis Gartman: Tapping SPR Could Drive Oil to New Highs on CNBC.
IEA sees oil market as ‘sufficiently supplied’ in the Oil & Gas Journal. “US oil demand in July contracted by 2.7% from a year earlier…” also in the OGJ.
Brent and WTI Crude Oil Prices on the Rise at Bespoke. “Crude oil inventories dropped for the third week in a row last week…” Bespoke.
North Dakota crude oil production continues to rise at the EIA.
Oil sands producers could feel squeeze in crowded market at Financial Post.
The rig count was down last week: Haynesville Play.
Crude Oil and NGL Surpluses at RBN Energy.
Exxon, Qatar Petroleum JV looks to export U.S. natural gas at Reuters.
“…we would expect natural gas prices will still need to remain range bound between $2.50 and $3.25/Mcf to balance the gas equation through November.” Raymond James. You can be sure these thoughts on fuel switching we be a part of my afternoon coal post.