Tradition Energy in the News

Tradition Energy’s full-service energy consultants are frequently sought after by the media for their expertise on energy issues. Tradition Energy advisors contribute to regional, national, and industry media on the energy markets, energy procurement, and a wide range of energy management solutions aimed at helping commercial, industrial and governmental energy users manage energy and lower costs.
You will find Tradition Energy in the News below.

“It looks like they’re not going to increase it. The initial reaction in the market we think will be supportive. Until you see inventories drop down to reasonable levels, the market is going to have trouble, especially where you have to consider other areas of production coming on line,”

CNBC, May 24, 2017

“The Saudi statement that everyone agreed to a nine-month extension spurred optimism that the cuts will do something to correct the over-supply scenario,”

Bloomberg, May 22, 2017

“Inventories remain stubbornly high,”

Fox Business, May 17, 2017

“The backing of a nine-month extension by Saudi Arabia and Russia got the market moving higher,”

Bloomberg, May 16, 2017

“We just keep falling and trying to find a bottom,”

Business Times, May 04, 2017

“After dropping to a six-week low it was time for a little covering of positions,”

World Oil, May 03, 2017

“The fundamental picture does not point to strength, it points to weakness,”

Fox Business, May 02, 2017

“With four months of the cutting in effect we haven’t seen a sizable reduction in global oil fuel inventories,”

Reuters, May 01, 2017

“The market continues to hunt for a bottom,”

Fox Business, May 01, 2017

“Without signs that the overhang in the market is being eliminated, the market is showing real trouble justifying plus-$50 oil,”

Fox Business, April 25, 2017

“Inventories remain stubbornly high,”

Nasdaq, April 19, 2017

“Some of the people who picked up contracts below $50 decided to run out ahead of expiration,”

CNBC, April 19, 2017

“There’s a lot of talk the [OPEC] agreement is going to be extended, but we have a full month to go before the [OPEC] talks are held,”

CNBC, April 19, 2017

“We should have a month of headline-driven trading in the run-up to the May 25 meeting,”

World Oil, April 18, 2017

“on the signs that the OPEC production agreement will be extended.”

Ship and Bunker, April 04, 2017

“The rebound of Libyan production stalled the rally,”

Bloomberg, April 03, 2017

“Without the production cut agreement, I think you could basically target the low-to-mid $30s.”

Ship and Bunker, March 29, 2017

“We tested recent lows and didn’t break through them,”

Express News, March 27, 2017

“There’s a lot of uncertainty about whether the cut is going to be in place long enough to alter the fundamental picture,”

Morningstar , March 24, 2017

“Without the production cut agreement, I think you could basically target the low-to-mid $30s. I’m of the mind they extend it,”

CNBC, March 23, 2017

“The inventory report wasn’t as bearish as it first looked,”

Bloomberg, March 22, 2017

“It looks like someone is trying to jawbone the market,”

Oilprice.com, March 21, 2017

“because there seems to be a realization that a six-month agreement isn’t long enough to rebalance the market”

Ship and Bunker, March 14, 2017

“There is growing skepticism that the production cut has been enacted long enough to take care of the overhang,”

Nasdaq, March 13, 2017

“The break of the band yesterday is a sign that the market was overbought,”

San Antonio Express News, March 10, 2017
In the News Archives