• 4 minutes "Natural Gas Trading Picks Up Considerably Amid High Volatility" by Charles Kennedy - ...And is U.S. NatGas Futures dramatically overbought at the $6.35 range?
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 9 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 5 days "The Calm Before The Storm In Oil Markets" by Tom Kool of OILPRICE and seen at YahooFinance
  • 2 hours Revisiting: "The U.S. Grid Isn’t Ready For A Major Shift To Renewables" from March 2021 by Irina Slav at OILPRICE
  • 12 hours How cheap Chinese tires might explain Russia's 'stalled' 40-mile-long military convoy in Ukraine
  • 4 days "Russia will stop 'in a moment' if Ukraine meets terms - Kremlin" by Reuters via Yahoo News...but Reuters suddenly cut out the balanced part of the story.
  • 5 days Will Variants and Ill-Health Continue to Plague Economic Outlooks?
  • 5 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

When Is The Right Time To Buy Oil Stocks?

It’s been frankly impossible to try and trade our energy portfolios while trying to gauge the effects of a very unpredictable Trump administration.

For example, what would have happened in the oil markets if Obama or Bush had put out a statement like THIS:

(Click to enlarge)

The Iranians have been publicly protesting the United States with burning Presidential dummies and American flags and promising the ‘mother of all wars’ since the revolution began in 1979. Still, a reaction like this from another American President would have caused an immediate three to perhaps five-dollar rally in oil, with a secondary rally dependent upon the Persian Gulf military maneuvers that would have followed.

Instead, the oil markets barely moved on Monday, relying instead on a surprise 6.1m barrel drop in inventories on Wednesday to move oil prices higher. Bottom line is, the markets have been trying their best to ignore the President and his tweets, despite their incendiary tone.

The brewing Trade War may be different, however. Not only have steel and aluminum tariffs begun to be enforced, but Trump is targeting another $500b in Chinese goods. Meanwhile the EU is planning $20 billion in tariffs should the new Trump break from EU automotive penalties fall apart, while Mexico has slated $3 billion and Canada $14 billion of reciprocal tariffs.

While Trump seems satisfied so far with his trade war, the Chinese don’t need to play…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News