Primary Vision Insights – August 3rd, 2020

By Mark Rossano Summary U.S. Frac Spread Update Saudi Faces a Mounting Deficit Floating Storage Levels Remain Elevated Heading into Shoulder Season The Glut Grows as COVID Cases Rise Based on the Above Consumer/Activity Weakness: Economic Data Will Remain Weak…

Primary Vision Insights – July 27th, 2020
Primary Vision Insights – July 20th, 2020

By Mark Rossano Summary U.S. Fracking/ Production/ Refining Round-Up Crude Demand Estimates Coming Down OPEC+ Meeting Wrap-up Export and Floating Storage Summary Quick Review of Russian Flow Summary of Saudi Arabia Refined Product Demand Overview Review of Exports/Imports Our Favorite…

Primary Vision Insights – July 13th, 2020
Primary Vision Insights – July 6th, 2020

By Mark Rossano Summary U.S. Energy Update Refinery Margins and Pricing Limits Runs Through Summer Storage Levels and Limited Exports Remain Headwinds Economic Data and Shipping Point to Some Recovery but COVID Increases Make it Short lived China Data Showing…

Primary Vision Insights – June 22nd, 2020
Primary Vision Insights – June 22nd, 2020

By Mark Rossano Summary U.S. Frac Spread and Pricing Update The Rise of Product/Oil on a Global Level in Charts OPEC+ Shifts Won’t be Enough to Balance the Market Economic Data is Mixed in the U.S with Some Bright Spots…

Primary Vision Insights – June 15th, 2020

By Mark Rossano Summary Update on Global Oil Markets A Review of Oil Demand- SURPISE- IT IS WEAK! OPEC+ Deal Review Libya Update and What It Means Economic Data Doesn’t Support Current Value Export/Import Data and What it Means Unemployment…

Primary Vision Insights – June 8th, 2020

By Mark Rossano Sections: U.S. Production Levels and Frac Spread Counts Gasoline Demand Levels- will remain impacted throughout the remainder of the year Industrial Production Will Struggle for the Foreseeable Future U.S. Unemployment hasn’t Bottomed as the Second Wave of…

Primary Vision Insights – May 26th, 2020

By Mark Rossano Sections Introduction Overview of Frac Spread Activity in the U.S. A Quick Run Down of Builds Throughout the U.S. Complex Implied Demand will Struggle as Spending Patterns/ Exports/ Travel Change European Flows Struggle as Imports from the…