Numbers Report – January 27, 2023 In the latest edition of the Numbers Report, we will take a look at some of the most interesting…
With Turkish presidential and parliamentary elections now set for May 14th—a month earlier than originally planned—who will effectively challenge Erdogan? We will find out in…
March West Texas Intermediate crude oil posted its highest close since Dec. 1 on Thursday on hopes of increased Chinese demand. Surprisingly, traders shrugged off…
1. Bomb Cyclone Disrupts US Refining- US refinery runs averaged 14.9 million b/d according to the most recent EIA data release, indicating that the downstream…
Politics, Geopolitics & Conflict Ahead of presidential and parliamentary elections that will now be held in May this year in Turkey, Erdogan has seen to…
Towards the end of one year and at the beginning of the next, I, like most people I imagine, typically take time to look back…
While Russia’s clearly protracted war in Ukraine will continue to cause global energy volatility and uncertainty, the market has taken its eye off a number…
U.S. West Texas Intermediate crude oil futures rallied on Thursday, testing its high for the week amid optimism that that demand for fuel will grow…
1. Restart of Freeport LNG Remains Uncertain- Despite market rumors suggesting a restart might be delayed again, Freeport LNG is sticking to its original pledge…
Politics, Geopolitics & Conflict Russia’s top military commander for the “special operation” in Ukraine has been replaced. General Sergei Surovikin, charged with leading the attack…
Regular readers, God bless you all, will know that I rarely talk about specific coal stocks. There have been occasions when I have identified short-term…
While fluctuating back and forth with fears of global recession and uncertain U.S. economic data, China’s economic reopening remains a significant key to demand determinations;…
With 2022 behind us, many have reflected on what a banner year it has been for oil stocks. From pariah to market darling amid an…
1. The Spectre of Recession Is Getting Closer- US manufacturing contracted for a second straight month, with the manufacturing PMI index issued by the Institute…
U.S. West Texas Intermediate crude oil futures edged higher on Thursday in a mostly uneventful trade, highlighted by a benign government weekly inventories report. Traders…
Politics, Geopolitics & Conflict Investors are still running for the hills in Brazil, where Lula’s first day in office (and his return to the presidency…
I suppose we all have our little conceits, the things we tell ourselves about who we are or what we do that make us feel…
The EU voted on December 15th to grant Bosnia-Herzegovina candidate status, paving the way for it to gain European Union membership. While Bosnians have long…
1. Europe’s Gas Price Cap Might Backfire Soon- Members of the European Union have agreed to a gas price cap of €180 per MWh (approximately…
Politics, Geopolitics & Conflict Evidence, most of it anecdotal, that China’s struggle with Covid has taken a turn for the worse is mounting, weighing on…