Archive // WTI

Crude Demand Growth Expectations Move Lower

August 13, 2019 | Anna Lenzmeier

Both US and international crude oil prices have been on a downward slide in the past few months amid trade tensions between the United States and China. Both WTI and Brent spot prices have swung following updates to trade...
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Tightening Crude Differentials Soften Price Declines

January 3, 2019 | Tony Scott

The start of 2019 looks arduous for producers of crude and natural gas which are both off significantly after hitting 2018 highs in October and November, respectively. WTI is down more than 35% from October levels and natural gas...
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Permian Limbo: How Low Can Prices Go?

May 9, 2018 | BTU Analytics

Our client base is comprised of many different energy industry stakeholders spread across the globe, but over the last few months, almost every conversation is eventually related to what’s going on in West Texas, especially with both oil and...
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Making a Case for $60 Oil Destabilizing Gas Markets

December 12, 2017 | BTU Analytics

WTI prices have stabilized near $60 (for now) as OPEC agreed to extend cuts through 2018 and compliance with targets has been good thus far. Higher oil prices should improve cash flows for producers with liquids exposure, thereby enabling...
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GOM But Not Forgotten: Mexico’s Gulf of Mexico Revival

August 17, 2017 | BTU Analytics

In 2013, Mexico initiated steps to reform the state-run oil and gas monopoly to allow foreign entities to explore for resources. Last month, two separate discoveries in the Mexican Gulf of Mexico (‘GOM’) were announced with a combined estimated...
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U.S. E&Ps Flying Blind: Lack of 2018 Oil Hedging Leaves Production Vulnerable

August 15, 2017 | Matt Hagerty

As U.S. oil production growth appears to be heavily weighted to the back half of 2017, how much cash producers can secure for those barrels will be a major factor in whether lofty production targets can be maintained into...
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Service Margins Poised to Rebound

August 2, 2017 | BTU Analytics

Last year BTU wrote an article about the cyclical pattern of service cost margins and the correlation with WTI pricing. As crude prices fell throughout 2015, both Halliburton (NYSE: HAL) and Schlumberger (NYSE: SLB) showed margins dropping from averages...
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