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SCS OTC Corp

SCS OTC Corp

Contributor since: 22 Apr 2016

SCS OTC Corp

Biography

SCS Commodities has been providing energy and agricultural brokerage services to institutional traders since 1991. As commodity derivatives have evolved from open outcry to electronic markets, SCS has remained at the forefront of independent brokerages. SCS' 24 hour OTC desk, manned by veteran brokers, gives customers continuous coverage of commodities markets around the world.

Latest articles from SCS OTC Corp

  • OPEC Deal At Breaking Point As Compliance Falls

    Published 21 July 2017 | viewed 9,431 times

    WTI has traded in a $3.90 range so far in July ($43.65 / $47.55) and the sideways price action has lead to waning market enthusiasm…

  • Beware Of Supply Risks When The Whole World Is Bearish

    Published 14 July 2017 | viewed 12,286 times

    - WTI traded in a $44-$47 range this week lifted by a 7.6m bbl US inventory draw and positive demand data in Europe and China.…

  • What Oil Needs To Rally Higher

    Published 30 June 2017 | viewed 12,595 times

    - Oil found much needed support from currency markets this week on a strong EUR/USD following comments from ECB chief Mario Draghi that the Eurozone’s…

  • Expert Commentary: Is An Oil Comeback On The Cards?

    Published 23 June 2017 | viewed 26,862 times

    - 2Q’17 wasn’t supposed to go like this! Heading into the spring the broad consensus in the oil market was that aggressive global inventory draws…

  • Expert Analysis: Bullish Sentiment Is Fading Fast

    Published 09 June 2017 | viewed 14,150 times

    - Over the last three weeks strong WTI spreads served as a key reminder of bullish fundamental expectations as flat price sold off sharply. This…

  • Oil’s Next Tug Of War

    Published 02 June 2017 | viewed 29,916 times

    - WTI and brent suffered more losses this week despite two strong excuses to rally. Firstly, EIA data delivered the type of numbers that bulls…

  • OPEC Cuts Move West

    Published 13 May 2017 | viewed 18,202 times

    - Crude oil’s bearish troubles in 2017 have largely been due to a lack of OECD inventory draws despite significant production cuts from OPEC +…

  • The Herd Theory: Why Oil Prices Tanked This Week

    Published 05 May 2017 | viewed 19,727 times

    -We’re viewing this week’s flat price damage as a function of bullish frustrations and momentum chasing rather than new bearish fundamental revelations. In short, we…

  • Expert Commentary: How Much Further Can Oil Prices Fall?

    Published 21 April 2017 | viewed 46,507 times

    - The majority of recent oil market coverage has focused on bearish flies in the physical rebalance ointment including elevated OECD crude + refined product…

  • Syria Airstrikes Remind Oil Markets Of Geopolitical Risk

    Published 07 April 2017 | viewed 9,685 times

    - In a 1999 episode of the iconic TV series The West Wing (yes, iconic) President Jed Bartlet was dealing with a crisis. The Syrian…

  • Oil’s Central Bank To The Rescue!

    Published 31 March 2017 | viewed 22,576 times

    - WTI rallied back into $50 territory this week with help from positive OPEC speak regarding an output cut renewal, production outages in Libya, Iraq…

  • Why Are Oil Markets Ignoring All These Bullish Signs?

    Published 24 March 2017 | viewed 50,916 times

    - Crude oil’s drop back into the high $40s has renewed concerns that efficiency gains from North American frackers will lead to another low/mid $40s…

  • Expert Analysis: The OPEC Cuts May Be Working

    Published 17 March 2017 | viewed 16,192 times

    - WTI traded to a 3.5 month low on Tuesday at $47.09 after OPEC members shook production cut deal confidence for a second straight week.…

  • Expert Commentary: Inventory Draws Should Tighten Oil Markets Soon

    Published 24 February 2017 | viewed 18,194 times

    - Oil traders saw more of the same this week with range bound flat price, strong brent and WTI spreads, weak gasoline spreads and option…

  • Something Has Got To Give In Oil Markets

    Published 17 February 2017 | viewed 15,388 times

    - Oil wrestled with positive fundamental expectations and bearish present circumstances this week to remain glued to the $53 mark. In the present, stress of…

  • Why The Huge Inventory Build Didn’t Crash Oil Prices

    Published 10 February 2017 | viewed 31,183 times

    - WTI snapped out of a two week coma on Wednesday trading to a low of $51.22 following an API report revealing a 14m bbl…

  • Dollar Or Iran? Oil Needs A Serious Catalyst To Breakout

    Published 03 February 2017 | viewed 13,524 times

    - Oil traded in a painfully dull range yet again this week through Thursday ($54.34 / $52.24) after managing just a $4.53 range in January…

  • Expert Commentary: Flood Of Imported Crude Caps Oil Prices

    Published 13 January 2017 | viewed 11,290 times

    - In recent notes we’ve cited output gains in Libya, stubbornly high Cushing inventories and OPEC skepticism as the key bearish culprits keeping a lid…

  • Expert Commentary: Why Oil Is Struggling To Hit $60

    Published 06 January 2017 | viewed 26,938 times

    WTI traded in a $52.11 - $55.25 range this week driven by sharp moves in currencies, updates related to good and bad behavior on production…

  • Expert Commentary: North-American Oil Production Resilient

    Published 30 December 2016 | viewed 7,600 times

    1. Refined product fundamentals still improving (Click to enlarge)We are still seeing the best signs of market rebalance in refined product data. U.S. distillate stocks…

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