Our View

Petroleum Consumption Prospects Uncertain

The Covid-19 crisis has altered the direction of the global economy in a thousand ways. The economic impacts are difficult to delineate, even today. The prospects for future energy and petroleum consumption are even more uncertain. Read more here.

PKVerleger LLC Estimate of Weekly US Crude Production

Estimated US production fell five hundred thousand barrels/day last week, taking the total down to 10.5 million barrels/day.

CME: Exterminator of US Energy Independence (July 6, 2020) -- In its search for increased revenue, the Chicago Mercantile Exchange has sacrificed the US independent oil industry.

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