Rosehill Resources Inc. (ticker: ROSE) expects to drill 16 to 22 new wells in the White Wolf area in 2018 and expects to complete 12 to 16 of those wells. While most of these wells will have lateral lengths of approximately 5,000 feet, the company is projecting four to eight extended lateral wells greater than 7,000 feet in 2018. Rosehill
A presidential commission tracks the crude oil positions that are reported each week: this week producers and processors are short, while managed money is long oil In its Weekly Commitment of Traders Report released every Friday, the United States Commodity Futures Trading Commission (CFTC) breaks down the number of outstanding short and long NYMEX futures and options contracts for light, sweet
Open interest reaches new highs Bets that crude oil prices would fall below $25 per barrel in March reached an all-time high today. It is impossible to say exactly where oil prices will be two months from now, but if the open interest, or the amount of total contracts outstanding, for puts on West Texas Intermediate is any indication, the
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