Rolling Avg Prices & Differentials | To track relationships monthly, we look at the average prices for and the differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3-, 1-month, and FYTD basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

Rolling Avg Prices & Differentials | To track relationships monthly, we look at the average prices for and the differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3-, 1-month, and FYTD basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

Rolling Avg Prices & Differentials | To track relationships monthly, we look at the average prices for and the differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3-, 1-month, and FYTD basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3-, 1-month and FYTD basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3-, 1-month and FYTD basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

The 2mn barrel divide: IEA and Opec at odds over oil demand Widening gap between forecasts from IEA, Opec and EIA clouds oil market outlook

Oil futures are the result of projected supply and demand. When the demand side numbers are murky, so is price. #akleg #akoil buff.ly/MXuWovu via @FT

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3-, 1-month and FYTD basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3-, 1-month and FYTD basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3-, 1-month and FYTD basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

Monthly World Supply/Demand Summary| OPEC projecting much stronger world demand than either IEA or EIA, justifying (in OPEC's mind) higher OPEC+ production volumes. #akleg #akoil

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3-, 1-month and FYTD basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3-, 1-month and FY YTD basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3-, 1-month and FY YTD basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

🤷‍♂️ ... and over 600,000 Alaskans are receiving less in PFDs because the #akoil tax structure is so out of date, revenues are projected to decline over the next 10 years even as production volumes are increasing. #TimeForAnUpdate #akleg

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3-, 1-month and FY YTD basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

U.S. Refining Giant Valero to Shut California Refinery | OilPrice.com Valero Energy plans to idle, restructure, or cease operations at its Benicia Refinery in California by the end of April 2026, as it evaluates its operations in the state.

🤔 Valero's Benecia refinery is a significant customer of ANS oil. It will be interesting to see how its closure affects the ANS market and, through that, price, particularly at a time when ANS volumes are projected to increase. #akleg #akoil buff.ly/HVdzm8m.

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3- and 1-month basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

Mar OPEC Oil Mkt Rpt| OPEC materially (1mbd) more bullish on 2025 & 2026 demand than EIA or IEA, contributing to their perception there is room in the market for their supply ramp up in April. #akleg #akoil players.brightcove.net/34306109001/...

OPEC+ to Begin Long-Delayed Supply Hike Amid Trump Pressure OPEC+ will proceed with plans to revive halted oil production after repeated delays, amid pressure from President Donald Trump to lower oil prices.

$$Oil ⬇️ ⬇️ #akleg #akoil

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3- and 1-month basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

Alaska legislators say state’s fiscal picture is among the worst in decades • Alaska Beacon A planned budget increase for K-12 public school spending is expected to significantly reduce the Permanent Fund dividend.

🤦 The message is clear. D/I's prioritizing #AKoil over middle & lower-income #AKfams. "Rep. Andy Josephson, chair of the operating budget, told reporters that the House’s majority caucus 'not interested in severance tax reform, so that’s sort of off the table." #akleg

There's a cargo of ANS underway to China due to arrive the day after China's retaliatory tariffs take effect, but which likely do not apply to goods in transit at the time they were announced. It may be one of the last US oil cargos to be delivered to China for a while. #akleg #akoil

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3- and 1-month basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

Jan OPEC Oil Mkt Rpt| While OPEC projects continued growth in non-OPEC+ production, it also projects that the growth is insufficient to meet continued increases in global demand, with resulting continued growth in call on OPEC+ production. #akleg #akoil

One indicator of how much the tightened sanctions on Russian oil are disrupting oil markets: WTI is within 40 cents (<0.5%) of ANS. Likely temporary as the supply routes readjust (or the Trump Admin backs off the sanctions), but always odd to see. #akleg #akoil

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3- and 1-month basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

... so billionaire Hilcorp owner (& Texan) Jeff Hildebrand can keep more #AKoil revenues in his.

2/end

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3- and 1-month basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil

USWC Supply Chart| Monthly as data becomes available from EIA we take a look at supply sources into PADD V (USWC) refineries. YTD (thru Aug), Alaska running even w/ 2019 USWC mkt share (19% v 19%), but due to lower demand, vols ⬇️ 42mbd (406mbd). #akoil #akleg

Rolling Avg Prices & Differentials| To keep track of the relationships, monthly, we look at the average prices for and differentials between ANS, Brent & WTI on a rolling 12-, 6-, 3- and 1-month basis. We then incorporate those into our daily pricing outlooks. #akleg #akoil