Uncertainty is dominating oil markets…
Fundamentals will be of secondary…
Oil prices have finally broken…
Russia-Ukraine War Briefing Next Monday, May 9th, is Victory Day in Russia - cause for a great amount of speculation (and fear) as to what Putin wants to…
Sometimes, trading is more about the trades that you don’t take than those that you do. I have told myself that many times over the last few weeks when it…
Politics, Geopolitics & Conflict - Russian troops continue to withdraw from northern Ukraine, having left the Kyiv region to refocus on the east primarily and parts of the south. This…
Numbers Report – April 08, 2022 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week…
U.S. West Texas Intermediate crude oil is trading flat on Friday as it heads to a second straight weekly loss. The week started out promising with prices rising on talk…
U.S. West Texas Intermediate crude oil futures are edging lower on Friday as traders await the outcome of a meeting of International Energy Agency (IEA) member nations set to discuss…
1. US Shocks Market with Largest Ever SPR Release- US President Joe Biden announced the…
Energy Markets on War Footing ExxonMobil’s Montana refinery shut down some units on Saturday after a fire broke out. The cause of the fire remains under investigation. The refinery can…
Since the Russian invasion of Ukraine last month, a lot has been said and written in the U.S. about the impact of that and the subsequent sanctions on the price…
We are starting to see the makings of energy curtailments in Europe - an exceedingly unpopular step that governments would be unlikely to take if there were any…
1. OPEC Exports Underwhelm Despite High Prices Source: Kpler. - The Russia-Ukraine war has taken OPEC heavyweights out…
U.S. West Texas Intermediate crude oil futures are trading lower on Friday, but are still up for the week. This week’s rally is being fueled by a combination of a…
Energy Markets on War Footing Russia has choked throughput on a Caspian Sea pipeline carrying crude oil from the Tengiz fields in Kazakhstan to Russia’s Black Sea coast. Russian officials…
To an old timer like me, one of the most striking and quite frankly frightening things about the stock market over the last few years is how stock prices in…
If you’re waiting for a coup to overthrow Vladimir Putin, you are likely to be waiting for quite some time. Rumors abound, of course. But Putin has built…
1. Skyrocketing Energy Costs Weigh on Economic Recovery- Energy costs are expected to hit an…
U.S. West Texas Intermediate crude oil futures are trading slightly higher early Friday as traders attempt to claw back this week’s low. It’s been a volatile week with prices hitting…
As I’m sure you are aware, after skyrocketing to just above $130 on the prospect of no Russian oil on the world market following the Russian invasion of Ukraine, oil…
For Putin, this war against Ukraine is all about winning unmitigated power at home. That is made rather more difficult by an economy that is tanking under the…
U.S. West Texas Intermediate crude oil futures are edging higher on Friday after failing to confirm Thursday’s potentially bearish daily closing price reversal top. The weekly uptrend is strengthening while…