With oil prices under pressure…
Crude remains stuck between strong…
Tensions are rising between NATO…
U.S. West Texas Intermediate crude oil prices fell by 1% on Thursday after U.S. Energy Secretary Jennifer Granholm informed lawmakers that refilling the Strategic Petroleum Reserve (SPR) might take several…
1. China-Russia Relations Continue To Improve- The visit of Chinese President Xi Jinping…
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 of two regional U.S. banks,…
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 is so ingrained in me…
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 States finally move to purchase…
1. Chinese Demand Becomes the Only Really Bullish Factor for Oil- Whilst oil prices were…
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 discussing ways to enhance market…
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 having come into contact with…
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 in a narrowing range, and…
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 demand remains elusive,…
As the Fed and other central banks around the world have raised rates, some areas of the stock market have posted big losses. Tech, for example, and anything to do…
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 on signs of a strong…
1. UAE to Launch Another Exchange-Traded Benchmark- ADNOC, the national oil company of the UAE,…
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 Belarus finds itself,…
1. US Gas Producers Face Difficult Decisions as Prices Drop- For the first time since…
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 recovery, the market is still…
Politics, Geopolitics & Conflict Following the devastating earthquake in Turkey, Erdogan has been rumored to be considering postponing May 14 elections until June, though Turkish media sources said on Thursday…
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 invasion of Ukraine,…
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 rise in the U.S. Dollar,…
1. Fossil Fuel Subsidies Peaked Last Year Amidst Surging Prices- According to…