Oil Traders Ask, 'What Glut?'

Source: Reuters, Joshua Schneyer (8/4/11)

"Oil inventories in the Midwest and Cushing, Oklahoma, fell to their lowest this year. Midwest stocks are now lower than they were a year ago."

Reuters, Joshua Schneyer

oil

The latest U.S. oil inventory data contradict a widely held notion among oil traders that a huge glut of Canadian and U.S. shale crude oil is accumulating in the middle of the United States and causing the record gap in global oil benchmark prices.

Instead, U.S. commercial crude oil inventories in the Midwest and Cushing, Oklahoma, fell last week to their lowest this year. Midwest, or PADD 2 stocks, are now lower than they were a year ago, the first time in over 12 months that they have fallen below year-earlier levels. . .View full article

Stagflation Not Seen in Decades
Source: Tavi Costa (04/07/2026)

Tavi Costa of Azuria Capital shares his thoughts on the impending stagflation and one mining company he believes is worth looking into.

Oil Be Back!
Source: Michael Ballanger (04/06/2026)

Michael Ballanger of GGM Advisory Inc. shares his view on the current state of the markets, specifically looking at oil.

A Major Currency Event is Unfolding
Source: Barry Dawes (03/31/2026)

With Operation Epic Fury still on everyone's minds, Barry Dawes of Martin Place Securities shares his thoughts on the market and where currencies are headed.

Ngaere-2 Well Beats Expectations, Tariki Gas Storage Offer Imminent
Source: Stephane Foucaud (03/31/2026)

Auctus Advisors raised its target price on New Zealand Energy Corp. (NZ:TSX.V; NZERF:OTCQX) after the Ngaere-2 well recompletion delivered 300 bbl/d, exceeding expectations.