oil surplus

High Inventories Help Push Crude Oil Prices to Lowest Levels in 13 Years

February 5, 2016 by U.S. EIA: Today in Energy

Crude Oil Inventories

Several factors have played a part in pushing U.S. crude oil prices below $30 per barrel (b), including high inventory levels of crude oil, uncertainty about global economic growth, volatility in equity and nonenergy commodity markets, and the potential for additional crude oil supply to enter the market.[read more]

Andrew Coleman Wants to Know if You Are Ready for the Global Oil Surplus

May 1, 2014 by Jim Patrick

Andrew Coleman joined Raymond James Equity Research in July 2011 and co-heads the exploration and production (E&P) team. Since 2004, he has covered the E&P sector for Madison Williams, UBS and FBR Capital Markets. He also worked for BP Exploration and Unocal in a variety roles.[read more]