Outlook for higher prices getting less cloudy

The predominant view of oil markets these days is a nearsighted one.Oil supply and demand prognostication these days doesn't seem to extend much beyond the current week, much less the next 6 months.Traders on futures exchanges-the true arbiters of oil price these days, no matter what the general public believes-tend to latch onto yesterday's inventory data or today's violence in the Middle East to drive their trading strategies for the day. Oil prices in early June slumped by several dollars per barrel largely because oil stock levels remained hefty and Middle East tensions (relatively) eased.Many oil companies plot their capital expenditure budgets because their expectations ...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected