For the third consecutive year, the only source of non-OPEC supply growth has come from the US shales. This trend will likely continue, although we believe shale production growth will likely slow.
“In the second half of this decade total capital expenditures by the large oil and gas groups is projected to fall almost fifty percent to $443.5 bn from $875.1 bn according to Rystad Energy...” ...
Many people don’t realize how far oil prices have climbed over the last two years. The price of West Texas Intermediate (WTI) crude oil has climbed from about $45 in September of 2016 to...
Here at Goehring & Rozencwajg, we are value investors. We think the best time to find value is when investor sentiment is bearish, price is depressed, equities are cheap, and our fundamental analysis...
US grain markets have found themselves front and center in the rapidly escalating trade war with China. Since the Trump administration announced two rounds of tariff increases on Chinese goods, the...
Did you know? Over the last year, the S&P500 is up 14.37% while the S&P GSCI is up 30.04%1 Commodities is only an 8.9% weighting in the S&P5001 Energy is one of the best performing sectors in the...
Below we recap our 3 most popular blog posts to date for 2018.
In our most recent webinar, we received many questions around energy market sentiment. In this blog post, we dive a little deeper on one particular question we were asked during the webinar: Q. When...
A recent press release from The World Bank caught our attention. Commodity prices to rise more than expected in 2018: World Bank Here’s an excerpt:
Several new developments in oil have emerged recently, and our outlook has become even more bullish. Most importantly, OECD inventory data continues to confirm that the global oil market remains in...