Tesla shares have plunged to…
After a volatile week, oil…
Oil prices fell this week…
1. BHP-Anglo Merger Could Create World’s Largest Copper Miner - The global mining sector might see a whirlwind…
June West Texas Intermediate (WTI) crude oil futures have experienced significant volatility this week, ultimately poised to close higher following a late-week recovery. This recovery was significantly influenced by positive…
Politics, Geopolitics & Conflict The UN envoy for Libya, Abdoulaye Bathily, has resigned from his post, slamming the country’s rival parties and external meddlers for making it impossible to work…
By the time you read this, it is likely that the two largest American oil companies, Exxon Mobil (XOM) and Chevron (CVX), will have reported their calendar Q1 results, due…
Europe is on edge, more so now that the U.S. has approved a $61-billion aid package to Ukraine after much stalling. The spy dens of the Cold War…
Selling Pressure, Profit-Taking Dominate Trade This week, crude oil markets experienced significant volatility to the downside, driven by geopolitical concerns, unexpected inventory adjustments, and changes in demand. Although escalation fears…
1. Venezuela Braces for Impact After US Reimposes Sanctions - The Biden administration reimposed sanctions on Venezuela’s oil…
Politics, Geopolitics & Conflict At midnight on Thursday, the six-month temporary oil sanctions relief Washington granted Venezuela last October expired, and the Biden administration moved to reimpose those sanctions, which…
Over the years, one of my most profitable investment research techniques has been to look for companies whose stock has been dragged down by negativity around the market in which…
Oil markets have largely discounted the Iranian missile and drone barrage directed at Israel because it was essentially a ruse designed not to inflict any damage, but to…
1. EU Allows Banning Russian LNG as Member States Buy More - The European Parliament approved rules this…
In the complex mix of elements influencing crude oil prices, recent events have focused attention on June West Texas Intermediate (WTI) futures. The interplay of ongoing inflation, geopolitical tensions, and…
Politics, Geopolitics & Conflict Baghdad is repairing the Kirkuk-Ceyhan pipeline, which has not been operable for ten years and hopes to use it to export some 350,000 bpd to Turkey…
As somebody whose start in markets came in interbank foreign exchange, I am used to a degree of obsession with central banks. Back when I started in that market, which…
Markets were extremely jittery this week, awaiting a retaliatory attack by Iran following the Israeli strike on Tehran’s embassy in Syria, which killed a key Iranian general and other diplomats/military…
A few weeks ago, when WTI crude was trading just below $80, I wrote here that I was about to break with my usual, contrarian trading style and establish a…
Oil Prices Surge WTI crude oil's current bullish trend, closely following Brent crude's movements, has placed it at a crucial point for traders. This trend, driven by a mix of…
1. OPEC+ Sticks to Course as Focus Shifts to Overproducers - The Joint Ministerial Monitoring Committee of OPEC+…
Politics, Geopolitics & Conflict Israel has shored up its defenses in anticipation of a direct response from Iran following the Israel leveling of the Iranian consulate in Damascus, Syria. Two…
What happens when Argentina’s oil provinces cut off supplies amid a head-to-head battle with the country’s new libertarian president, Javier Milei, who has approached his mandate with a guns-blazing attitude…