Oil prices were up on Tuesday as Washington agreed to delay the scheduled December 15th tariff hike on China. The impact of the OPEC+ production cut agreement on markets has also yet to wear off. Oil prices Rig Count Chart of the Week Natural gas – The volume of natural gas that was vented or flared in the U.S. reached a record high 1.28 billion cubic feet per day (Bcf/d) in 2018. – That rate is equivalent to 1.25 percent of gross withdrawals of natural gas, up from 0.84 percent in 2017. – North Dakota and Texas alone accounted for 82 percent of all gas flared or vented. – The pace of flaring surged by even more this year. – Oil executives have referred to this problem as a “black eye” for the industry. Market Movers – Laredo Petroleum (NYSE: LPI) says it has closed a bolt-on acquisition of […]