Arc Energy Charts

E&P equities have rallied off of their lows; US oil stock build lowest in the past 5 weeks; US gasoline consumption ticked up again last wk

Crude by rail exports hit a record high in Feb; Weekly US data shows production is dropping; US stocks rose by 15 MMB last week

WTI fell to an unprecedented negative $36.73/B; IEA: Q1 oversupply was over 7 MMB/d; US crude stocks had a record weekly gain

WTI weakened relative to Brent; OPEC plus agrees to an historic 9.7 MMB/d cut; US crude stocks rose sharply last week