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Rover Natural Gas Pipeline Data ***NEW!***
Click the link above for full details on this important new source of natural gas supply and takeaway capacity from the booming Marcellus Shale.
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Mid-Week Investing Commentary
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Oil & Natural Gas Portfolio Holds Near 2017 Highs; EIA Forecast To Announce 'Meh' Crude Oil Inventory Build But Exceptionally Bullish Refined Product Drawdowns In Today's Report; Natural Gas Demand Rises With Late-Summer Heat, But New Highs May Be Difficult To Come By
Wednesday, September 20, 2017
The next Daily Commentary will be published on Thursday, September 14. What follows is the mid-week Trading Commentary available to subscribers. For more on subscribing, please click HERE. Thank you to all of those who continue to support the site!
You can read Monday's full Daily Commentary HERE.
Ahead of what promises to be a gangbusters weekly Petroleum Status Report, crude oil retreated from its 7-week high on Tuesday. The commodity settled down 43 cents or 0.9% at $49.48/barrel. The October 2017 contract will expire at the close of trading today and will be replaced as the Front Month Contract by the November 2017 contract, which closed at $49.90/barrel. Natural gas, meanwhile, fell 2 cents or 0.8% to settle at $3.12/MMBTU, a healthy pullback after the commodity perhaps became overextended to the upside. After reaching a new 2017 high on Monday, my Oil & Natural Gas portfolio retreated by 0.3% on Tuesday, but is still up 19.2% since May ...
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