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.

“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

“We have not seen production cuts undertaken by the world’s producers really alleviate the overhang in inventories,”

Reuters, March 10, 2017

“Without full compliance by the OPEC cartel and non-OPEC producers, and signs that demand is picking up, we are positioned for a correction.”

Ship&Bunker, March 07, 2017

“The idea that we can extend it would be supportive in the medium term. Statements from Saudi Arabia, OPEC’s largest member, would be needed to push the price substantially higher”

Investing.com, March 07, 2017

“I think that has stopped some of the selling pressure that we opened with,”

Nasdaq, March 06, 2017

“The market is hemmed in,”

Bloomberg, March 04, 2017

“Without full compliance by the OPEC cartel and non-OPEC producers, and signs that demand is picking up, we are positioned for a correction,”

Reuters, February 28, 2017

“The market has been trying to break out to the upside and has yet to get the final impetus,”

BOE Report, February 28, 2017

“We’re getting to the end of the month and gasoline has been the weakest fuel on the board over last month, so we might see some pre-expiration covering,”

Platts, February 27, 2017

“We’re stuck in a range,”

Bloomberg, February 22, 2017

“The market’s response to yesterday’s stats suggests it continues to focus on forward expectations of further rebalance through production cuts and increased demand, but doesn’t have any oomph to push higher,”

CNBC, February 16, 2017
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