Ahead of a critical meeting…
Buying coal stocks is not…
Positive demand signals from China…
Japanese wholesale oil traders are starting to wind down their Iranian oil orders ahead of the November 4 deadline when U.S. sanctions against Tehran are set to kick in. Other…
U.S. West Texas Intermediate crude oil futures posted a volatile two-sided trade this week before turning decisively lower for the week. Volume was light at the start of the week…
Oil has been hovering nearer to $65 for the past several weeks, after reaching above $75 during early July. But the few things that have been stalling oil’s progress over…
Contrarian trading, taking positions in opposition to prevailing trends and sentiment, can be addicting and, like most addictions, can also be dangerous. One should always respect the power of momentum,…
Friday August 31, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
There are a number of developments putting upward and downward pressure on oil prices this week, ranging from NAFTA talks and Trump’s most recent Chinese tariff threat, to the prospect…
U.S. West Texas Intermediate crude oil futures are in a position to finish the week nearly 5 percent higher although on a weak note due to selling pressure on Friday.…
The Saudi government said it would halt their plans for an IPO of their State-owned Saudi Aramco oil company, in charge of virtually all Saudi energy assets. This changes everything.…
I have said before and I’ll say it again, despite Donald Trump’s best efforts the coal industry in this country is in long-term, probably terminal decline. Those best efforts were…
Friday August 24, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Aramco’s initial public offering may never happen, after four industry sources told Reuters earlier this week that the company had disbanded its financial advisors on the listing. While Oil Minister…
U.S. West Texas Intermediate crude oil futures are trading higher on Friday. The market is also in a position to post a higher close on the weekly chart, something it…
Financial markets reacting negatively to a seemingly obscure or remote risk was commonplace not that long ago. Whether it was a slightly disappointing Chinese growth number, fears about the future…
The oil market has suddenly gone south in recent weeks, with cracks in the global economy starting to drag down oil. The U.S.-China trade war is one of the drivers…
Friday August 17, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
The Permian once again reaffirmed its status as the star shale play in the United States after Diamondback announced it had inked a merger deal worth $9.2 billion with…
Despite rebounding on Thursday and early Friday, October West Texas Intermediate crude oil futures are heading for a third consecutive weekly decline and its sixth weekly lower close out of…
It’s so hard to be consistent as an energy analyst and trader – there’s truly no other sector with so much of the economy riding on it that seems to…
This morning, my old stomping ground of forex is making a rare appearance in the news. The problems in Turkey and the actions of the Erdogan regime caused the dollar…
Friday August 10, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…