This Isn't the Time to Be Short Oil Prices

Don't Lose Resource Advisor!

As part of our brand migration to Schneider Electric, the Summit Energy website will be transitioned to Schneider Electric soon. That means that if you rely on the Summit Energy website for Resource Advisor access, you should bookmark the Resource Advisor homepage now so you don’t forget the link. Click on one of the buttons below to quickly add Resource Advisor to your browser favorites or get the link via email.

Don't Lose SourceView!

As part of our brand migration to Schneider Electric, the Summit Energy website will be transitioned to Schneider Electric soon. That means that if you rely on the Summit Energy website for SourceView access, you should bookmark the SourceView homepage now so you don’t forget the link. Click on one of the buttons below to quickly add SourceView to your browser favorites or get the link via email.

Don't Lose Energy Reports!

As part of our brand migration to Schneider Electric, the Summit Energy website will be transitioned to Schneider Electric soon. That means that if you rely on the Summit Energy website for Energy Reports access, you should bookmark the Energy Reports homepage now so you don’t forget the link. Click on one of the buttons below to quickly add Energy Reports to your browser favorites or get the link via email.

Don't Lose Smart Meters!

As part of our brand migration to Schneider Electric, the Summit Energy website will be transitioned to Schneider Electric soon. That means that if you rely on the Summit Energy website for Smart Meters access, you should bookmark the Smart Meters homepage now so you don’t forget the link. Click on one of the buttons below to quickly add Smart Meters to your browser favorites or get the link via email.

The Street

If you're looking for a trade on oil prices, you have two choices. Being short oil isn't one of them, however. Matt Smith, energy analyst at Summit Energy, which advises institutions on energy prices, said it sounds like Saudi Arabia is making a concerted effort to calm the market of any supply fears. "Saudi Arabia definitely has the ability to unwind some of the worry premium priced into markets through proactive measures (as we have seen today), but likely not the power to take us back the levels seen in December in the mid-$90s," Smith said, noting that Saudi Arabia is already producing at a 31-year high.

Read the article on TheStreet.com

  • Summit Energy

  • © 2010 Summit Energy Services. All rights reserved.

10350 Ormsby Park Place • Suite 400 • Louisville, KY 40223 • (866) 90 SUMMIT