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Wednesday, September 9, 2020

Crude Oil -- Surprise Build -- API -- September 9, 2020

API: it's always a surprise. Analysts expected a draw of 1.335 million bbls. In fact, there was a "surprise" build: a build of almost 3 million bbls. We will wait to see what the EIA reports tomorrow. 

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Back To The Bakken 

Active rigs:

$38.05
9/9/202009/09/201909/09/201809/09/201709/09/2016
Active Rigs1162665537

No new oil and gas permits.

Two permits renewed:

  • EOG: two Burke permits, Mountrail County.

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