OIL From Standstill, America’s Oil Frackers Plot A Slow, Careful ReturnDan Eberhart, Forbes, June 11, 2020 Concerns are mounting that U.S. shale drillers, by returning to action too soon, could again play a spoiler role in global oil markets and derail the nascent price recovery. On the surface, these concerns appear valid, but look deeper and you’ll see that there’s … read more

OIL Oil prices set for worst daily drop since April on inventories, bearish FedOil & Gas 360, June 11, 2020  Oil prices slumped on Thursday, dragged down by another record build-up in U.S. crude inventories and the U.S. Federal Reserve’s projections that the world’s biggest economy would shrink 6.5% this year. Russia charges Arctic city mayor with bungling fuel spill … read more

OIL Oil and gas production ETF paces for best quarter on record, but traders say it’s still a ‘show-me story’Oil & Gas 360, June 10, 2020 Oil and gas stocks are defying the odds.  The SPDR S&P Oil and Gas Exploration and Production ETF (XOP) is having its best quarter on record, up over 102% since April 1 despite concerns … read more