Oil Stumbles as Crude and Gasoline Declines Dash Expectations U.S. inventories fell by 1.4 million barrels last week: EIA Stock draws show tightening market but fall below API forecast Oil […]
Tag: Tortoise
Rob Thummel comments on Oil
Oil Prices Near Five-Month High As U.S. Gasoline Stockpiles Tumble Crude oil prices held near a five-month high after U.S. government data showed the biggest decline in gasoline stockpiles since […]
Tortoise's Nick Holmes quoted in Bloomberg
Crude Oil Market Rallies on Fading Fears of a Glut Wagers on rising U.S. crude price reach highest since October Positive sentiment may be close to peak: U.S. Bank’s Haworth […]
Tortoise's Brian Kessens in Bloomberg
Oil Hits 2019 High on Biggest U.S. Crude Storage Drop Since July U.S. crude exports climbed to second highest since 1993 Dovish Fed lends support to risk appetite and bullish […]
Tortoise's Matt Salle Quoted in Bloomberg
Oil Rises as Saudi, Venezuela Supply Cuts Eclipse Boom in U.S. Oil climbed for a second day as dwindling shipments from two of the world’s biggest crude exporters eclipsed another […]
Tortoise's Rob Thummel in Wall Street Journal
Battered Oil Investors Dive Back Into Crude Signs suggest heavyweight producers from OPEC are cutting output and the breakneck expansion in U.S. shale drilling is slowing down Oil investors, their […]
Brian Kessens in Bloomberg
Oil Bulls Get Bolder as OPEC Cuts Lessen Odds of a Relapse Net-long bets on Brent crude rally rise most since August ‘Risks on the upside much more likely now’: […]
Tortoise's Nick Holmes in Bloomberg
Oil Gains as Russia, Saudis Signal Commitment to Production Cuts Minister says Russia will hit OPEC+ output target by April Crude shrugs off bearish U.S. data to rally late in […]
Rob Thummel in S&P Global
Producers weigh DUC production at $50/b oil Highlights Market mixed if higher or lower price needed Platts: $50/b oil enough to bring production DUC decisions also hinge on takeaway ability […]
Tortoise's Rob Thummel quoted in The Wall Street Journal
Fears Loomed Large in Oil’s Worst Quarter Since 2014 The U.S. crude benchmark finished the year 25% lower after a slump that shaved $30 off oil prices The oil market […]
Tortoise's Rob Thummel on Fox Business
Oil prices will go up from here: Tortoise portfolio manager – Tortoise portfolio manager Rob Thummel on the recent slide in oil prices and why he expects oil to make a comeback.
Tortoise's Graham Allen discusses Brexit on InvestmentEurope
Tortoise podcast: May, the condemned prisoner Tortoise senior portfolio manager Graham Allen has likened UK prime minister Theresa May to a “condemned prisoner choosing their method of execution” in his […]
Tortoise's Robert thummel on NBR
Nightly Business Report – Tonight on Nightly Business Report, oil prices fall for the 10th straight day, sparking concerns of a global economic slowdown. Plus, one of the country’s most expensive houses is up for auction.
Robert Thummel from Tortoise in Barron's
Oil Market Bet: Iran Sanctions Won’t Boost Prices The oil market has had nearly six months to assess the possible effect of U.S. sanctions on Iranian oil exports. Surprisingly, the […]
Tortoise’s Rob Thummel on CNBC
Analyst: Oil demand accelerates in the second half of the year – Rob Thummel, managing director and portfolio manager at Tortoise Capital Advisors, discusses the oil market.
Tortoise's Matt Sallee in Bloomberg TV Asia
We Need Additional Oil Supply Out of OPEC, Says Tortoise’s Sallee – Matt Sallee, senior managing director at Tortoise, discusses the OPEC supply boost and his outlook for production. He speaks on “Bloomberg Daybreak: Asia.”
Tortoise's Michelle Kelly in Mutual Fund Wire
Where One $20B Asset Manager Sees Strategic Opps When it comes to strategic opportunities, the team at one private-equity-backed Midwestern asset manager is open to M&A, alliances, and internal product […]
Tortoise's Rob Thummel in Bloomberg
Permian Basin Is Growing Into the Largest Oil Patch in the World By Jessica Summers and Sheela Tobben Shale play in Texas, New Mexico to hit record output in May […]
Tortoise's Rob Thummel on CNBC
2018 will be a record-breaking year for US energy, says portfolio manager | Rob Thummel, Tortoise Capital Advisors portfolio manager, discusses what’s impacting the price of oil.
Tortoise on CNBC Asia
Oil ‘sweet spot’ is around $55 to $65 a barrel – A trading range of $55 to $65 a barrel supports drillers and keeps consumer demand growing, says Rob Thummel of the Tortoise Capital Advisors.