Articles By
Dan McTeague
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Analyst

Oil At A Crossroads While Pipelines Get Bogged Down

Oil At A Crossroads While Pipelines Get Bogged Down

By Dan McTeague | October 13, 2017

For a third straight week, the U.S. has witnessed something never seen before — oil exports exceeded 1 million barrels a day — and the news can't be seen as very good for OPEC.

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Analyst

Gasoline surplus continues with oil showing a steady draw

Gasoline surplus continues with oil showing a steady draw

By Dan McTeague | October 4, 2017

The Energy Information Administration (EIA) released its weekly data on the status of petroleum inventories in the United States. Here are some of the report’s highlights: CRUDE INVENTORIES: Crude oil inventories decreased by 6.0 million barrels (MMbbl)…

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Analyst

Brent Breaking Bad News

Brent Breaking Bad News

By Dan McTeague | October 2, 2017

It wasn’t expected to happen for a few years but while West Texas Intermediate oil (WTI) has risen 12% in September, Brent oil, the benchmark oil used outside of North America, has been on a sizzling winning streak, increasing over $5.50 a barrel since…

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Analyst

Peak Oil? Not So Fast

Peak Oil? Not So Fast

By Dan McTeague | September 29, 2017

One hundred and twenty years ago the famous American 19th-century novelist and humorist, Samuel Clemens, better known by his pen name, Mark Twain, responded to speculation over his death with the immortal quip, “Reports of my death have been greatly…

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