Tag: WTI

West Texas Intermediate (WTI) is a grade of crude oil used as a benchmark in oil pricing, with price settlement at Cushing, Oklahoma, a major crude oil trading and storage hub. This grade is described as light because of its relatively low density, and sweet because of its low sulphur content.

themoneynarrative oil and gas commentary (OPEC) – update #17

We haven’t written about oil and gas of late, but with the sector seeing supply constraints and high prices, we thought it opportune to publish the highlights of OPEC’s latest Monthly Oil Market Report (November 2021), released today (November 11, 2021). The report contains some very interesting economic data.

Continue reading “themoneynarrative oil and gas commentary (OPEC) – update #17” →

Oil history in the making

The front-month (May) WTI oil futures contract today (April 20, 2020) achieved a number of milestones, plunging in inflation-adjusted terms to the lowest price in history, at US$1.01 (and the day isn’t over yet). Continue reading “Oil history in the making” →

As the Shale Boom Wanes, Here’s How to Play the Shift

Themoneynarrative is pleased to present, for educational purposes, a question and answer article written by Avi Salzman and originally published in Barron’s on November 22, 2019.  The author is a senior writer at Barron’s, Continue reading “As the Shale Boom Wanes, Here’s How to Play the Shift” →