Frac

SUMMARY • US Completions Update • Physical Crude Market and Russian Flows • Saudi Arabia Pushes OSPs to Record •...

The Houthis just struck a storage area in Jeddah, Saudi Arabia, which services local consumption and operations. Exports won’t be...

U.S. completion activity is having its seasonal dip in March, which will start to shift higher as we approach April....

Completion activity dipped again this week by 8, but as we said previously- we expected to see some slow down....

The U.S. completions market should remain healthy, but the ability of the U.S. market to see a huge “surge” in...

There has been a pause of buying Russian commodities for fear of sanctions and the inability of companies to get...

Next week we will do a broad update on inflation globally as the leading indicators remain elevated especially as energy/food...

Fears around Russia are mounting with news flashes that countries are warning their citizens to leave Ukraine and a view...

Crude surged again today with focus remaining on Cushing as the spread between WTI-Brent collapsed. I go into more detail...

Next week I will provide a deep dive on Russia/Ukraine and what I think happens in February as well as...