Thursday's Market Action Reflects Fed's Rate Move Oil markets witnessed notable activity on Thursday, directly responding to the Federal Reserve's stance on interest rates. Brent…
You don’t have to be a Nobel Prize winner in economics to know that the two basic influences on the price of oil, or any…
1. US Lifts Sanctions on Venezuela for Six Months- The US will temporarily lift sanctions on Venezuela’s oil sector as Caracas promised to work with…
Politics, Geopolitics & Conflict The Biden Administration has moved to lift sanctions on Venezuela’s oil industry under the guise of concessions from the Maduro regime,…
When it discovered the Tamar and Leviathan gas fields offshore in the Mediterranean’s Levant Basin, Israel gained lots of regional diplomatic leverage overnight. Soon, it…
Regardless of any possible involvement of Iran in the attacks on Israel last weekend, which resulted in an Israeli declaration of war, Hamas found itself…
1. ExxonMobil-Pioneer Merger May Spark Further Giant Deals- The largest upstream deal since Shell’s 2015 acquisition of BG for $82 billion, ExxonMobil’s acquisition of Pioneer…
Earnings season, the gift that keeps on giving for US stock traders and investors, is underway, with results for the quarter that ended at the…
December West Texas Intermediate (WTI) crude oil futures experienced a volatile week, with prices swaying due to geopolitical tensions and shifts in supply and demand…
1. Q3 Earnings Calls to Focus on Capex Direction and Cost Management- The news of ExxonMobil being in advanced talks to purchase US shale producer…
Market Tremors US benchmark West Texas Intermediate (WTI) crude oil and international benchmark Brent crude oil are on edge as a sudden decline in prices…
Politics, Geopolitics & Conflict Amid an easing of sanctions on Venezuela and Chevron’s return to production, Maduro is taking advantage of the situation to quash…
Just about every trader has some stocks, currency pairs, or commodities that, no matter what, they just don’t seem to ever get right. Even when…
On the Ukraine war front, there has been another uptick in saber-rattling between Moscow and Washington this week. Both events carry a fair amount of…
1. Unprecedentedly Low Cushing Stocks Jeopardize Hub Operations- Oil prices have been greatly boosted by crude inventories in Cushing, the delivery point for US WTI…
If you are someone who has been reading my articles for a while, you will be aware that I try to be accountable if nothing…
Politics, Geopolitics & Conflict The smoke and mirrors surrounding developments in U.S.-Iran relations continued this week, with Israeli media insisting the Iranian leaders have agreed…
A fierce resumption of the Armenia-Azerbaijan war over Nagorno-Karabakh is a direct reflection of a breakdown of Russian foreign policy and Russian domestic political uncertainty…
The global oil market has experienced a whirlwind of movements this week, with prices swinging between highs and lows, driven by a myriad of factors…
Probably the most important thing that any trader can do is to keep an open mind. Preconceptions can be dangerous to your wealth. Making an…