July 31, 2019 Press release via Business Wire: Texas Pacific Land Trust (NYSE: TPL) (the “Trust” or “TPL”) today announced that it has entered into a settlement agreement (the “Settlement […]
The oil markets have taken on a more positive tone in the last month as inventories are experiencing large drawdowns, OPEC has decided to restrict production through the end of […]
Over the last month, many factors have affected the general markets and the energy markets. Among these are trade wars, immigration issues and worries about slower growth. They have put […]
The oil market scenario played out much as we anticipated in last month’s letter. As prices rose in the early part of the month, so did the market. The market […]
The oil markets continued to firm over the past month with WTI prices back above $60/bbl. We have regularly used $60 as a long term target for domestic oil prices […]
Hedge funds are keeping their cool in the most tumultuous end of the year for oil since the 2008 financial crisis, betting on better days ahead. (Source: Bloomberg News, by Jessica […]
“OPEC’s bad dream only deepens next year, when Permian producers expect to iron out distribution snags that will add three pipelines and as much as 2 million barrels of oil […]