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Commodities

Overnight Oil Report 3/12/2021 – OPEC+ forecast hurts CL

March 12, 2021 Mariel Alumit

Singapore — 0249 GMT: Crude oil futures were rangebound, with a slight downward bias, during mid-morning trade in Asia March 12, as further upside was limited after the overnight rally. At 10:49 am Singapore time (0249 […]

Transocean - Energy News Beat
Uncategorized

Transocean Ltd. Reports Fourth Quarter and Full Year 2020 Results

February 23, 2021 Stu Turley

Total contract drilling revenues were $690 million (total adjusted contract drilling revenues of $747 million), compared with $773 million in the third quarter of 2020 (total adjusted contract drilling revenues of $830 million); Revenue efficiency(1) was 97.2%, compared with 96.6% in […]

CVR Energy - Energy News Beat
Uncategorized

CVR Energy Reports Fourth Quarter and Full-Year 2020 Results

February 22, 2021 Stu Turley

CVR Energy, Inc. (NYSE: CVI) today announced a fourth quarter 2020 net loss of $67 million, or 67 cents per diluted share, on net sales of $1.1 billion, compared to net income of $44 million, […]

Uncategorized

Marathon Petroleum Corp. Reports Fourth-Quarter 2020 Results

February 2, 2021 Stu Turley

Reported fourth-quarter income of $192 million, or $0.29 per diluted share, which includes net pre-tax benefits of $851 million; reported adjusted loss of $608 million, or ($0.94) per diluted share $21 billion Speedway sale targeted to close by end of first quarter; reiterating commitment […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

EIA Crude Inventories 1/13/2021

January 13, 2021 Stu Turley

The EIA released it’s natural gas storage report, and is available for download.   EIA expects that U.S. natural gas consumption will decline by 2.3 Bcf/d to 80.8 Bcf/d in 2021. The decline is primarily […]

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