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.

“The market is indicating that it wants some more certainty on whether the Russians and Saudis will strike a deal to limit supply,”

CNBC, April 07, 2020

“It’s taken a couple of weeks of Brent at $25 and WTI at $20 and it seems as if the Russians are more approachable than they were a month ago,”

Reuters, April 02, 2020

Oil near US$20 with bloated US supplies hinting at storage limit

BNN Bloomberg, April 01, 2020

“Global inventories will be chock full by mid-May. I think the market can continue to decline further,”

CNBC, April 01, 2020

“In the coming weeks we will see how the lock-ins will affect demand,”

Reuters, March 25, 2020

Traders Flee Risky Assets, Cause 18 Year Price Lows For Crude

Ship&Bunker, March 18, 2020

“The market is cascading. It’s trying to search for a bottom and it doesn’t seem able to find one,”

Reuters, March 17, 2020

“What you continue to see is refinery utilization rates are low, accounting for product draws and crude builds. Gasoline demand is still pretty strong and distillate demand is still pretty strong,”

Reuters, March 11, 2020

“Right now, it seems demand destruction really has the market in its hold.”

Platts, February 25, 2020

“I think the fear of demand destruction continues to really have the market by its throat,”

Reuters, February 03, 2020

“Fear seems to be the main theme of the market,”

Platts, January 31, 2020

“Over the last week prices have dropped,”

Reuters , January 29, 2020

“I’m a little hesitant to say worries about epidemic in China is the main driver,”

Platts, January 22, 2020

“The market continues to retreat under demand concerns and shake off the rally after the OPEC production cuts,”

Reuters , January 22, 2020

“Because there is no immediate supply disruption, some geopolitical risk priced into the marketafter the attack on those two bases came out right away,”

Platts, January 08, 2020

“The market is now actively trying to stabilize after the U.S.-Iran crisis,”

Bloomberg, January 08, 2020

“The way the market gives a geopolitical risk premium and then takes it right back indicates that the market fundamentally isn’t very strong,”

Reuters , January 08, 2020

“We need to see real signs of economic growth.“

Houston Chronicle, January 02, 2020

“The end of the year finished pretty strongly, but we are definitely getting to levels where some of the market rally is going to meet stronger resistance,”

Platts, December 31, 2019

“Unless we get real granularity, the uncertainty around what’s happening on the trade front will start to add more resistance.”

Reuters, December 19, 2019

“It’s tough to draw a firm conclusion from the latest that came out,”

Yahoo Finance, December 12, 2019

“For the market to push even higher, the key element is the signing of a trade agreement”

Bloomberg, December 10, 2019

“The market seems to have stalled. There’s uncertainty around fuel demand growth because of the world trade crisis,”

Reuters, December 10, 2019

“Now that the producers announced a production cut last week, the market is holding just below three-month highs,”

CNBC, December 10, 2019

“The main support for prices is the idea that if we get an easing in the trade war, the fear of slowing conditions and the impact on oil and fuel demand growth will be taken out of the market,”

CNBC, November 26, 2019
In the News Archives