Tradition Energy in the News

Tradition Energy’s full-service energy consultants are frequently sought after by the media for their expertise on energy issues. Tradition Energy advisors contribute to regional, national, and industry media on the energy markets, energy procurement, and a wide range of energy management solutions aimed at helping commercial, industrial and governmental energy users manage energy and lower costs.
You will find Tradition Energy in the News below.

“The possibility of US-Iran rapprochement seems to be deflating geopolitical risk right now,”

Platts, July 16, 2019

“Other factors are combining to push oil prices higher, including tensions beween the U.S. and Iran.”

CNBC, July 10, 2019

“Tightened supplies have provided an undercurrent of support,”

CNBC, July 09, 2019

“Worries about what is going on in the Persian Gulf continue to put a bit of a bid into the market,”

Fox Business, July 08, 2019

“The worries about demand are starting to reassert themselves,”

Platts, July 02, 2019

Despite that optimism, prices slid 1.6% in New York on Friday. After U.S. futures reached a five-week high earlier this week,

Bloomberg, June 28, 2019

“If we don’t see OPEC extend its production agreement and the U.S. and China leave the G20 with more problems, this rally up to one-month highs could stop,”

Reuters, June 26, 2019

“That refinery plays a huge part in the gasoline market,”

Bloomberg, June 26, 2019

“The U.S.-China meeting on the side of G20 could signal further rapprochement on trade, but the market needs something it can sink it’s teeth into,”

Fox Business, June 25, 2019

“If you have an extended outage at that plant and throw in rising crude prices, gasoline is going to continue to push higher,”

Reuters, June 21, 2019

“Right now, this is a rumor-driven market,”

CNBC, June 18, 2019

“An announcement that a US-China resolution is in the works would really tamp down fears of slowing growth,”

Platts, June 18, 2019

“Worries about demand destruction are really driving prices lower,”

CNBC, June 06, 2019

“It’s pretty clear that demand concerns still have the market at its grip,”

Bloomberg, June 04, 2019

“Saudi Arabia seems to be in favor”

CNBC, May 28, 2019

“After a long run-up earlier this year, some investors may have closed out optimistic bets ahead of the Memorial Day holiday weekend in the U.S.,”

Bloomberg, May 23, 2019

“Again, we’re seeing the effect of worries about the trade issue on demand,”

Reuters, May 22, 2019

“Nothing substantial has gone out further, so the gain is leaking out of the market,”

CNBC, May 19, 2019

“But investors shifted their focus away from trade issues to the impact of Iran sanctions, as well as conflicts in Libya that threatened oil supplies,”

CNBC, May 10, 2019

“We’re waiting to see whether the Saudis signal their extension of the production cut,”

Reuters , May 10, 2019

Tradition Energy analyst Gene McGillian pointed to several other supportive factors bolstering prices, including US sanctions on Venezuela, and news that Saudi Arabia has been hinting at extending production cuts.

Platts, May 06, 2019

“Uncertainty about what eventually is going to happen with those sanctions is kind of keeping the market unnerved,”

Bloomberg, April 29, 2019

“I think it’s pretty clear that tightening supplies and receding fears of demand growth is a boost to the market to these five month highs,”

CNBC, April 18, 2019

“The expectation that the tightened supply picture is going to boost prices is starting to attract length into the market,”

Bloomberg, April 07, 2019

“The latest driver appears to be the idea that tightened supplies are going to create a stronger fundamental picture,”

Reuters, April 01, 2019
In the News Archives