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HONEYGUIDE IN THE NEWS

US crude stockpiles clock 7th straight week of decline

8/16/2017

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US oil stockpiles declined for a seventh consecutive week, with crude inventories falling by almost 9m barrels which far surpassed expectations of a drop of just over 3m barrels.
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Oil producers signal offshore return in latest Gulf of Mexico auction

8/16/2017

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HOUSTON (Reuters) - Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million on Wednesday, a nearly seven-fold increase from a year ago, as their return to deep water exploration gained momentum.
This compared with $18 million....
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U.S. shale output seen posting ninth straight monthly rise: EIA

8/14/2017

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NEW YORK (Reuters) - U.S. shale oil production for September which includes a new regional data input, is forecast to rise by 117,000 barrels per day to 6.15 million bpd, its ninth consecutive monthly rise, the U.S. Energy Information Administration said on Monday.
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Andurand hedge fund’s $100 oil bet stands out from the herd

8/10/2017

 
Bullish call rests on view that shale boom alone will not satisfy higher demand....

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