Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

6 Oil Resources For Staying On Top Of What's Moving Energy Markets

By Ellen WaldCommoditiesOct 26, 2021 10:02
uk.investing.com/analysis/6-oil-resources-for-staying-on-top-of-whats-moving-energy-markets-200500659
6 Oil Resources For Staying On Top Of What's Moving Energy Markets
By Ellen Wald   |  Oct 26, 2021 10:02
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

For over six years now, my weekly Investing.com column—over 300 and counting—has provided readers with analyses on what's moving oil markets. Today's piece is a bit of a departure. I thought it might be useful for readers if I offer a list of some of the free resources I regularly use to follow the sector, in addition to the great tools available on Investing.com.

Of course, my Thursday columns will continue providing analyses, pointing out crucial information and explaining what it means.

1. U.S. Energy Information Administration

The EIA website offers some of the best and wide-ranging accumulation of data. The website is updated regularly with new information.

As well, the experts at the Department of Energy are constantly developing new tools to track energy information in the U.S. Keep in mind that much of this data is U.S.-focused, but it also offers some global data.

Also, the EIA website covers all forms of energy, not just oil. One tip: the data is sometimes old, so make sure to check the date on the page to ensure you are getting the most current information.

Some helpful tools on the site include:

2. Organization Of Petroleum Exporting Countries (OPEC)

The OPEC website provides a variety of data and forecasts prepared by OPEC, which is based in Vienna.

Here are some useful resources to be found on the website:

3. International Energy Agency

The IEA recently changed its website, and unfortunately it's now very difficult to navigate. It can be challenging to find the data you may be seeking.

The best option might be to do a web search and include the term “IEA” as a key word. The IEA covers all energy, not just oil.

4. S&P Platts

Platts is a for-profit journalistic corporation. It publishes vital data for free on a regular basis, but you can also purchase additional data and analyses from them.

Monthly, Platts offers a survey of OPEC and OPEC+ production.

5. American Petroleum Institute

API is an industry trade group. I find the most useful free data from API to be the monthly statistical report from API’s chief economist, Dr. R. Dean Foreman. It can be found here. Each month, in advance of this report, Dr. Foreman appears on the Energy Week podcast that I co-host, which you can find here.

The API also provides a useful Industry Outlook report every quarter.

6. Social Media Resources Worth Following

On social media, Twitter is the best option for following data and analytical insights on the oil market. Here are some of my favorite accounts to follow:

  • @investingcom @newsinvesting
  • @EnergzdEconomy (me)
  • @TankerTrackers (This is a company that offers data on tanker movements and production and exports for a fee. It sometimes provides free information on Twitter.
  • @HermsTheWord (Herman Wang is a managing editor at Platts. He often updates with OPEC production data)
  • @ChiGrl (Tracy is a well-known commodities trader with a large social media following and keen insights)
  • @cm_energyintel (Casey Merriman is an editorial director at Energy Intelligence, a private journalistic enterprise with a long history. Look to her for great updates and insights into oil companies and equities, including earnings calls)
  • @anasalhajji (Dr. Anas Alhajii is an economist with decades of experience in the energy industry. Many of his insights are also available in Arabic but can be translated via Twitter’s tools)
  • @EnergyLawProf (James Coleman is a law professor focused on US and Canadian energy law and policy)
  • @GasBuddyGuy (Patrick DeHaan is the head of petroleum analysis at Gas Buddy, a private company. He provides insightful analysis, particularly on U.S. gasoline demand, gleaned from their proprietary data)
  • @aeberman12 (Art Berman is a geologist with experience in the oil industry who often provides a different perspective, backed by data)
  • @Rory_Johnston (Rory Johnston is a former bank economist who currently writes on commodities)
6 Oil Resources For Staying On Top Of What's Moving Energy Markets
 

Related Articles

Dmitriy Gurkovskiy
Crude Oil is Feeling Down Again By Dmitriy Gurkovskiy - Nov 22, 2021

Early in another November week, the Brent price went down again – it is trading at $78.75 and remains below the psychologically important level of $80, thus making market players...

6 Oil Resources For Staying On Top Of What's Moving Energy Markets

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (5)
Solangel Guzman
Solangel Guzman Oct 26, 2021 18:00
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I love it! Thank you for sharing such a great wealth of resources.
John Lin
John Lin Oct 26, 2021 15:57
Saved. See Saved Items.
This comment has already been saved in your Saved Items
would you write what does the data do and what can we interpret from those data in your listed website do
John Lin
John Lin Oct 26, 2021 15:57
Saved. See Saved Items.
This comment has already been saved in your Saved Items
would you write what does the data do and what can we interpret from those data in your listed website do
John Lin
John Lin Oct 26, 2021 15:57
Saved. See Saved Items.
This comment has already been saved in your Saved Items
would you write what does the data do and what can we interpret from those data in your listed website do
abdul rashid
abdul rashid Oct 26, 2021 15:33
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Great resources collection, keep it updated regularly.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email