1. China-Russia Relations Continue To Improve- The visit of Chinese President Xi Jinping to Russia this week highlighted increasing volumes of energy trade between the…
Politics, Geopolitics & Conflict The U.S. Fed insists that the financial sector is “sound and resilient”, despite the banking crises that started with the collapse…
One of the things I learned early in my trading career was that in that business, admitting and acknowledging mistakes is a good thing. That…
Oil prices have sunk to levels that are leaving traders wondering two things: will OPEC implement further cuts to raise prices, and will the United…
1. Chinese Demand Becomes the Only Really Bullish Factor for Oil- Whilst oil prices were undergoing one of the most spectacular declines in recent months…
Oil market sentiment has never been more fragile. Geopolitics has the power to move these markets, but the real and implied impact on supply and…
A couple of times over the last few weeks, I have pointed out here that crude was looking for a direction. It has been trading…
U.S. West Texas Intermediate (WTI) crude oil prices rallied on Thursday, ending a three-day losing streak, as reports emerged that Saudi Arabia and Russia were…
Politics, Geopolitics & Conflict The diplomatic spat continues over Russia’s downing of a U.S. drone over the Black Sea on Tuesday. While the Russians deny…
Trading oil futures is an attractive proposition to many people. The market moves quickly, and in both directions, giving lots of opportunity for profit. Of…
U.S. West Texas Intermediate crude oil finished higher on Thursday. The market is also up for the week, extending gains from the previous two sessions…
1. UAE to Launch Another Exchange-Traded Benchmark- ADNOC, the national oil company of the UAE, is set to launch a new futures contract for its…
Politics, Geopolitics & Conflict Bakhmut is the new Ukrainian symbol of resistance in the Donetsk region, and it’s being pounded by Russian forces. Wagner mercenaries…
With Belarus partisans claiming to have shot down a Russian spy plane, now is a good time to discuss the extremely precarious position in which…
1. US Gas Producers Face Difficult Decisions as Prices Drop- For the first time since September 2020, Henry Hub natural gas futures plunged below $2…
While the specter of nuclear war may seem to loom larger and more ominously in the wake of Putin’s speech on the anniversary of the…
U.S. West Texas Intermediate crude oil futures closed sharply higher on Thursday as traders clawed back most of the previous session’s losses. Despite the strong…
Politics, Geopolitics & Conflict Following the devastating earthquake in Turkey, Erdogan has been rumored to be considering postponing May 14 elections until June, though Turkish…
U.S. West Texas Intermediate crude oil futures finished lower on Thursday after giving up earlier gains. Helping to put a lid on prices was a…
1. Fossil Fuel Subsidies Peaked Last Year Amidst Surging Prices- According to the IEA, global spending on fossil fuel subsidies surpassed $1 trillion last year…