Citigroup Says 42% of Clients Have No Energy Transition Plan
Fundamental and technical analyst with 30 years experience.
My work suggests that the Natural Gas market may be poised for a strong rally this winter. The excessive supply has been trimmed because of…
Crude oil is set to post a strong gain for the week, boosted by a last minute decision by OPEC on September 28 at an…
December Natural Gas futures rallied to its highest level since July 1 before posting a dramatic and potentially bearish closing price reversal top on the…
Crude oil futures were under pressure this week after reports showed large weekly builds in U.S. petroleum products and forecasts by the International Energy Agency…
Sometimes I think that trying to trade a U.S. Energy Information Administration report is like opening a box of Cracker Jack. You never know what…
A combination of events help drive crude oil prices sharply lower this week. On September 1 alone, prices fell over 1 percent, putting the market…
Sometimes markets are driven by trend-traders following hard supply and demand facts, sometimes they are driven by speculative buying in anticipation of a change in…
Crude oil and gasoline futures are set to finish the week in strong positions as investors continue to bet on a positive outcome from talks…
Crude oil futures followed through to the upside this week, confirming the previous week’s potentially bullish closing price reversal bottom. From the fundamental side, the…
September Crude Oil futures are poised to close higher for the week, signaling a shift in momentum back to the upside, after a prolonged move…
Sellers continued to pound the September Crude Oil futures contract this week as support failed at two key retracement levels. The current downside momentum suggests…
Crude oil traders acted like they had just awakened from a deep sleep on Thursday when they drove the September futures contract into its lowest…
Next week, we’ll be celebrating the six-month anniversary of the September Crude Oil bottom at $32.85. This will come in on July 20. This week,…
September Crude Oil futures have been trading mostly lower since the U.K. voted to leave the Euro Zone, a move that could lead to a…
August Natural Gas futures soared this week to its highest level since the week-ending August 21, 2015. The catalyst behind the rally was a forecast…
August Natural Gas futures surged to the highest level since the week-ending October 16, 2015 earlier in the week, but sellers came in at $2.812…
August Crude Oil futures plunged this week and are in a position to post a nearly 6% loss for the week as investors reacted to…
Crude oil took a backseat to the natural gas market this week with prices soaring 7.52% since last week’s close and 16.35% since the close…
July crude oil futures are in the process of posting an inside move on the weekly chart. To non-chart watchers, it means the market failed…
July crude oil futures crossed to the strong side of $50.00 per barrel on May 26, but traders apparently didn’t like the view since the…