US will set a new record for oil demand in 2023: Rob Thummel TortoiseEcofin senior portfolio manager Rob Thummel discusses how China’s economic woes could impact crude oil prices on […]
Tag: Rob Thummel
Tortoise Managing Director Rob Thummel on CNBC The Exchange
Nat gas prices likely to remain weak short-term, says EQT CEO Toby Rice EQT CEO Toby Rice, and Rob Thummel, senior portfolio manager at Tortoise Capital, join CNBC’s “The Exchange” […]
Tortoise Managing Director Rob Thummel in S&P Global
Bank troubles wash up on oil and gas midstream stocks Some investors have exited oil and gas midstream stocks in search of less risky assets after a series of global […]
Tortoise Managing Director Rob Thummel in Bloomberg
Oil Slides as US Bank Collapse Stokes Economic Uncertainty Oil prices whipsawed on Monday as traders tried to gauge how the biggest US bank collapse since 2008 will affect monetary […]
Tortoise's Rob Thummel in the Wall Street Journal
Oil’s Slide Deepens on Mounting Demand Worries Unexpected rise in crude stockpiles sends prices to lowest close since mid-January A rout in oil prices deepened Wednesday after government data showed […]
Tortoise's Rob Thummel in MarketWatch
Chevron, Exxon earnings: Shale M&A is high on the list of investor concerns Exxon Mobil Corp. and Chevron Corp. are slated to report second-quarter earnings next Friday before the bell […]
Tortoise's Rob Thummel in Barron's
Low Prices Boost Hopes for Natural Gas Natural gas finally has broken out of the tight trading range it’s been stuck in for the past six months. But it’s done […]
Tortoise's Rob Thummel in The Wall Street Journal
Shale Output Shows Signs of Slowing The number of active oil rigs in the U.S. fell to a 17-month low last week Oil prices are back on the rise, but […]
Tortoise's Rob Thummel in Bloomberg
The Shale Boom in the Permian Is Slowing Down High well-decline rates burning cash as investors stay away Smaller producers fight to survive, bigger ones cutting back The promise of […]
Tortoise's Rob Thummel in S&P Global
Q2 a cautious period for upstream E&Ps, but little change seen for rest of 2019 CEOs still wary of oil price volatility Executives likely hold capex steady at midyear Firm […]
Tortoise's Rob Thummel quoted in Bloomberg
Oil Slips Below $54 as Trade Fears Outweigh U.S. Gasoline Demand American crude stockpiles fell by more than expected last week WTI futures shed earlier loss; OPEC+ may extend supply […]
Rob Thummel in Wall Street Journal
Frackers Scrounge for Cash as Wall Street Closes Doors With traditional financing options dwindling, shale companies explore costlier alternatives Shale drillers are scrambling to raise cash as oil prices plummet […]
Tortoise's Rob Thummel in Bloomberg
Oil Tumbles as Swelling U.S. Stockpiles Rekindle Fears of a Glut American crude supplies jumped to highest since July 2017: EIA WTI crude drops more than 3%, extending trade-fueled decline […]
Tortoise's Rob Thummel in Bloomberg
Shale Overhead Costs Under Fire as Investors Drill Even Deeper Producers have cut growth plans, everyday costs now targeted Push comes as stocks continue to underperform broader market U.S. shale […]
Rob Thummel quoted in WSJ
Oil Volatility Picks Up, Putting 2019 Rally Under Scrutiny Portfolio managers move into less-risky investments; prices swing with Trump pressure on OPEC and Iran Volatility is picking up in oil […]
Tortoise's Rob Thummel in Bloomberg
Occidental Bids $38 Billion for Anadarko in Plan to Beat Chevron Cash-and-stock proposal values oil producer at $76 per share Occidental says it made three offers to Anadarko since March […]
E&E News with Rob Thummel
Robots in the Permian? Climate concerns drive innovation Chevron Corp.’s $33 billion takeover of Anadarko Petroleum Corp. shows how some of the world’s supermajor oil companies are investing in the […]
Rob Thummel on Fox Business
Senior PM Rob Thummel discussed the energy sector on Fox Business
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 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 […]