I am, as I have said here many times, a contrarian trader by both nature and training. I have been in and around markets for…
In another possible defeat, Russia’s some 20,000 forces allegedly have been ordered to withdraw from Kherson this week to the other side of the Dnipro…
U.S. West Texas Intermediate crude oil futures are trading lower late Thursday, pressured by a stronger U.S. Dollar and worries that further aggressive interest rate…
1. A Flotilla of US Oil Is Moving Toward Asia- Deliveries of US crude to Asia are set to reach an all-time high this month,…
Politics, Geopolitics & Conflict This week, we saw a fairly big scare for the oil industry in the form of an intelligence-sharing event between the…
2022 has, so far, been a remarkable year for energy investors. If you own stock in the big three US oil companies which, in the…
General Khalifa Haftar is again warning that he may move to war in Libya as the stalemate continues. Oil is still miraculously pumping, but that…
From the middle of June until the end of last month, crude was in a sustained downward trend that saw WTI futures drop 38% from…
The oil markets certainly remember September 14, 2019, when Yemen’s Iran-backed Houthis launched a drone attack on Aramco oil facilities in Eastern Saudi Arabia, cutting…
1. There’s No Good Way to Solve US Fuel Shortage- When Valero (NYSE:VLO) kicked off US refiners’ Q3 earnings call with a $2.82 billion net…
Politics, Geopolitics & Conflict In the Kurdistan Region of Iraq (Iraqi Kurdistan), those remaining oil companies who have unilateral E&P deals with the Kurdistan Regional…
December WTI crude oil futures finished higher on Thursday, putting the market in a position to close higher for the week. The bullish price action…
U.S. West Texas Intermediate crude oil futures are trading nearly flat after posting a volatile two-sided trade throughout the week. Underpinning prices were concerns over…
What Ukraine can expect this winter By Tuesday, the Russian military was claiming to have recaptured some territory in eastern Kharkiv after a Ukrainian counteroffensive…
1. Gasoline Prices Drop Back After Brief Surge- After several weeks of increasing gasoline prices, the trend is declining again with the national average dropping…
Long-time readers with very long memories may remember that several years ago, I wrote here about stock in a company called Amyris (AMRS). I was…
Politics, Geopolitics & Conflict Some 700,000 men have fled Russia since the announcement of a partial mobilization on Sept 21st. Demonstrations have been taking place…
Let’s face it, you don’t have to be a genius to know that there is going to be some incredible growth in the business of…
U.S. West Texas Intermediate crude oil futures are in a position to finish the week lower after a promising finish the prior week. The selling…
1. Supply Disruptions Ratchet Up Pressure on Coal- There has been a noticeable uptick in union action this year, and a wage strike at South…