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 has pushed up pretty bullishly over the past few weeks, but I see product builds in this report that can take away a little bit of the bullish direction,”

Reuters, May 20, 2020

“The expectation, as we see these restriction measures pull back, is we’ll see demand return to more of a normal level,”

Yahoo Finance, May 15, 2020

“The pretty desperate picture we’ve seen because of the drop in demand, maybe we are seeing signs it’s beginning to thaw,”

Reuters, May 13, 2020

“The idea that the Saudis and Kuwaitis and the UAE said that they’re going to enact deeper cuts than they initially agreed upon is helping the market find support,”

Reuters, May 11, 2020

“Middletown has achieved what more and more municipalities are learning: you can have it all – both meet your renewable energy goals and reduce your costs,”

centraljersey.com, May 08, 2020

“The market continues to price in the idea that things are improving;”

Ship&Bunker, May 04, 2020

“We need some real hard bullish numbers to backstop these gains, and so far I haven’t seen those,”

Yahoo Finance, May 04, 2020

“the expectation that the OPEC+ production cuts were going to start ramping up, that we continue to see signs that oil producers are going to be cutting their drilling activity, that we are going to see supplies tighten in the coming months,”

Bloomberg, May 01, 2020

“As long as we see openings in the economy, we will not see plunges like we saw a week ago”,

Stock News Press, April 30, 2020

“What stood out is the gasoline stockpiles – the market is taking heart from that,”

Reuters, April 29, 2020

“Until we see some type of resolution to the idea of how much demand is being destroyed by the Covid crisis, rallies will be short-lived,”

Bloomberg, April 23, 2020

“The relatively modest declines in front-month Brent prices means “this is obviously a problem with spot market and WTI,”

Platts, April 20, 2020

“The market continues to signal its unease with idea that the record production cut is enough to offset the destruction in demand from quarantine measures,”

Platts, April 14, 2020

“Yeah, OPEC is saying it’ll get almost 10 million barrels cut a day but the market is saying ‘not so fast!”

Yahoo Finance, April 13, 2020

“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
In the News Archives