Dave McAdams

Crude Oil Futures for February 2021 settled down $0.61 @ $47.62/bbl trading in a $1.46 range including the overnight. RBOB settled down 1.12/cpg and Heating Oil settled down 1.10/cpg. Crude oil refinery inputs averaged 14.0 million barrels per day during…

Crude Oil Futures for February 2021 settled up $1.10 @ $48.12/bbl, trading in a $2.34 range including the overnight. RBOB settled up 4.25/cpg and Heating Oil settled up 3.59/cpg. The American Petroleum Institute’s weekly Crude Oil storage report released late…

Crude Oil Futures for February 2021 settled down $0.95 @ $47.02/bbl, trading in a $1.36 range including the overnight. RBOB settled down 2.09/cpg and Heating Oil settled down 1.58/cpg. The Energy Information Administration currently forecasts OPEC crude oil production will…

Crude Oil Futures for January 2021 settled up $0.74 @ $49.10/bbl, trading in a $1.18 range including the overnight. RBOB settled up 0.75/cpg and Heating Oil settled up 1.78/cpg. The American Petroleum Institute’s weekly Crude Oil storage report released late…

Crude Oil Futures for January 2021 settled down $0.21 @ $46.57/bbl, trading in a $0.95 range including the overnight. RBOB settled down 0.89/cpg and Heating Oil settled up 0.12/cpg. Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data…

Crude Oil Futures for January 2021settled down $0.21 @ $46.57/bbl trading in a $0.95 range including the overnight. RBOB settled down 0.89/cpg and Heating Oil settled up 0.12/cpg. Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data showed…

Crude Oil Futures for January 2021settled down $0.08 @ $45.52/bbl, trading in a $1.29 range, including the overnight. RBOB settled up 2.00/cpg and Heating Oil settled down 0.78/cpg. The American Petroleum Institute’s weekly Crude Oil storage report released late Tuesday…

Crude Oil Futures for January 2021 settled down $0.16 @ $45.60/bbl trading in a $0.79 range, including the overnight. RBOB settled up 0.01/cpg and Heating Oil settled up 0.75/cpg. The United States imported more crude oil and petroleum products than…

Crude Oil Futures for January 2021settled down $0.50 @ $45.76/bbl, trading in a $1.18 range including the overnight. RBOB settled down 1.27/cpg and Heating Oil settled down 0.38/cpg. The 12th OPEC and non-OPEC Ministerial Meeting was held via videoconference on…

Crude Oil Futures for January 2021 settled up $0.36 @ $45.64/bbl, trading in a $1.18 range, including the overnight. RBOB settled up 2.18/cpg and Heating Oil settled up 2.71/cpg. OPEC and its partners are widely expected to extend current oil…

Crude Oil Futures for January 2021settled up $0.73 @ $45.28/bbl, trading in a $2.00 range including the overnight. RBOB settled up 1.95/cpg and Heating Oil settled up 1.89/cpg. The American Petroleum Institute’s weekly crude oil storage report released late Tuesday…

Crude Oil Futures for January 2021 settled down $0.79 @ $44.55/bbl, trading in a $2.38 range including the overnight. RBOB settled down 2.12/cpg and Heating Oil settled down 2.41/cpg. OPEC meetings ended on Monday without an agreement among its members…

Crude Oil Futures for January 2021 settled down $0.19 @ $45.34/bbl, trading in a $1.38 range, including the overnight. RBOB settled down 2.44/cpg and Heating Oil settled down 1.35/cpg. Last Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage…

Crude Oil Futures for January 2021 settled up $1.85 @ $44.91/bbl, trading in a $2.38 range including the overnight. RBOB settled up 5.42/cpg and Heating Oil settled up 4.90/cpg. OPEC officials will meet this week to work out details ahead…

Crude Oil Futures for January 2021 settled up $0.64 @ $43.06/bbl, trading in a $1.07 range, including the overnight. RBOB settled up 2.88/cpg and Heating Oil settled up 2.42/cpg. India's prime minister Narendra Modi has declared that the nation will…

Crude Oil Futures for December 2020 settled up $0.41 @ $42.15/bbl trading in a $0.81 range, including the overnight. RBOB settled up 1.27/cpg, and Heating Oil settled up 1.56/cpg. Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data…

Crude Oil Futures for December 2020 settled down $0.08 @ $41.74/bbl, trading in a $1.90 range including the overnight. RBOB settled down 0.04/cpg and Heating Oil settled up 0.67/cpg. West Texas Intermediate prices for the December 2020 contract are up…

Crude Oil Futures for December 2020 settled up $0.09 @ $41.43/bbl, trading in a $1.12 range including the overnight. RBOB settled up 0.64/cpg and Heating Oil settled up 1.02/cpg. OPEC, along with their working alliances technical meeting finished on Monday…

Crude Oil Futures for December 2020 settled down $0.99 @ $40.13/bbl trading in a $0.84 range, including the overnight. RBOB settled down 3.17/cpg and Heating Oil settled down 2.91/cpg. Thursday morning’s (delayed to accommodate for Holiday) weekly Energy Information Administration…

Crude Oil Futures for December 2020 settled down $0.33 @ $41.12/bbl trading in a $1.32 range, including the overnight. RBOB settled down 1.25/cpg, and Heating Oil settled down 1.88/cpg. The American Petroleum Institute’s weekly crude oil storage report released late…

Crude Oil Futures for December 2020 settled up $0.09 @ $41.45/bbl trading in a $1.74 range including the overnight. RBOB settled down 1.82/cpg and Heating Oil settled down 0.67/cpg. Extra United Arab Emirates cuts boost OPEC+ compliance to 100.2% for…

Crude Oil Futures for December 2020 settled up $1.07 @ $41.36/bbl trading in a $1.97 range including the overnight. RBOB settled up 3.34/cpg and Heating Oil settled up 3.58/cpg. Saudi Energy Minister Abdul Aziz bin Salman told reporters yesterday, that…

Crude Oil Futures for December 2020 settled up $0.85 @ $37.66/bbl trading in a $1.75 range including the overnight-RBOB settled up 2.49/cpg and Heating Oil settled up 1.48/cpg. According to market advisors, growing concerns among oil traders include infection rates…

Crude Oil Futures for May 2020 settled down $1.60 @ $18.27/bbl trading in a $2.91 range including the overnight-RBOB settled up 0.56/cpg and Heating Oil settled up 1.00/cpg. Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data showed…

Crude Oil Futures for May 2020 settled unchanged $0.00 @ $19.87/bbl trading in a $.98 range including the overnight-RBOB settled down 1.53/cpg and Heating Oil settled up 3.25/cpg. The Trump administration is considering paying domestic oil producers to leave crude…

Crude Oil Futures for May 2020 settled down $0.24 @ $19.87/bbl trading in a $1.69 range including the overnight-RBOB settled up 0.04/cpg and Heating Oil settled down 3.04/cpg. The American Petroleum Institute’s weekly storage report released late Tuesday afternoon showed…

Crude Oil Futures for May 2020 settled down $2.30 @ $20.11/bbl trading in a $3.13 range including the overnight-RBOB settled up 1.67/cpg and Heating Oil settled down 5.04/cpg. Numerous domestic shale companies have detailed plans to reduce output along with…

Crude Oil Futures for May 2020 settled down $0.35 @ $22.41/bbl trading in a $2.71 range including the overnight-RBOB settled up 2.60/cpg and Heating Oil settled up 2.20/cpg. Last Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data…