All Together Now - What You Need to Know About Energy Markets in One Place - Absolutely No Charge!

Down to only two months left in 2020. Whew! We’ll all be relieved to see this one disappear in the rear-view mirror. It’s been an extreme roller coaster ride for oil and gas — from the onset of the COVID pandemic and the crude price collapse in the spring, to withering demand for transportation fuels, to one hurricane after another, to chaotic swings in natural gas prices. And being thrashed about by all this turmoil are the natural gas liquids, with each NGL product taking its own wild ride through erratic market conditions. It’s been a challenge just keeping up with what is going on. At RBN, we’ve been working on a new app to address this challenge, and today we are rolling it out to you, as a reader of our daily blog. We are talking about access to everything from spot and futures prices, to market statistics, to reports on intra-day pricing, and to market alerts as they happen. Sound interesting? If so, hang on to your hat and read on in this RBN product advertorial.

Energy markets are red hot and are showing no signs of cooling off anytime soon. Natural gas prices have soared 20% to $ 4.615/MMbtu in just the last couple of weeks and could soon breach $5/MMBtu. In the NGL market, propane prices are up to $1.17/gal, the highest level for the month of September since 2011, with the possibility of shortages threatening domestic suppliers this winter. Even crude oil has continued to find support near the $70/bbl range, providing remarkable drilling and completion economics for well-positioned E&Ps. All these markets are data-intensive, and it can be a challenge to keep up with the most important developments. That’s what our ClusterX app is all about. It delivers to your phone or browser everything we believe is important as soon as the information hits RBN databases. And it is free! In today’s blog, we’ll look at some of the key capabilities of ClusterX, including a number of new features we’ve added.  Warning: Today’s blog is a blatant advertorial for ClusterX. 

Wouldn’t it be nice if everything you needed to keep up with the market was right there on your phone or tablet? And it would be even handier if the data and stories organized themselves just for you, around topics you care about the most. Such a technology would address a formidable challenge we all face: keeping up with the torrent of market information coming at us from trading platforms, online services, trade publications, you name it. It would pull everything you needed into a single database and then organize information on the fly around whatever topic matters most to you at a point in time. And it would be able to reorganize that information on demand as market data ebbs and flows. Over the past few months, we’ve designed an app that tackles this challenge head-on. Today we are introducing the concept of ClusterX, explaining how it works, and giving you the opportunity to help us roll out our new technology to the RBN blogosphere. Warning: this is a blatant advertorial for our new energy market analytics app.