Putting Recent Chinese Purchases of U.S. Oil into Perspective

oil rig silhouette with u.s. and chinese currency background

-The range of expectations for September U.S. crude exports to China lies between 835,000 bpd and 1.2 million bpd. -Even the high-end estimate is still only roughly 1/3 of the volume needed to put China on track to meet the terms of the deal this year. – While new storage capacity additions will continue to

Use Real-Time Ticker Data for Grain Stocks Commodity Trading

Blog Header Grains Stocks

When you are wading through all the data involved in making smart trades, timing is critical. Working with obsolete data will likely bring disastrous results. It’s imperative that you use real-time ticker data for your grain stocks trading. 

How to Create Efficient Fuel Administration and Higher Profit

Refinery

The oil industry is a volatile market that seems to be forever in flux. No matter where you are in the industry, efficient fuel administration is crucial to maintaining your profit. From downstream producers to upstream refiners, everyone needs to streamline and avoid redundancies.

Headwinds for Oil Grow as Economic Recovery Falters

Pumpjacks in the daylight

Crude prices have pushed higher this week despite Wednesday’s bearish fundamental data release by the EIA. So far this week, the plummeting U.S. dollar has overshadowed fundamental data which point to rising U.S. crude production and renewed weakness in demand amid the weight of the growing COVID-19 pandemic.