Middle East turmoil causing price surge
Presidents Day is historically a quiet day as most participants are off for the long weekend, but today’s moves have bucked the historical trend.
Presidents Day is historically a quiet day as most participants are off for the long weekend, but today’s moves have bucked the historical trend.
I have mentioned often that for many technical analysts the number “3” is significant. After three down days in the Heat pit, the notion of a downward trend was about to...
Futures skyrocketed higher today hitting fresh highs on the heels of optimistic feelings about the economy. After the feel good State of the Union speech, a speculative...
As many New Englanders try to find meaning of our meager existence without any football to watch for the next month, reality got slightly worse as we all tried to...
Last Friday we were all excited that the NYMEX appeared to be on the verge of its January thaw. Well, a small pipeline leak on the Alaskan north slope over the weekend...
With much of the Industry expecting large draws in Crude and distillates due to year end and a relatively cold week across the nation, the surprise build in distillates...
Today’s NYMEX action could be characterized as being at a 4-way stop sign with every car staring at the other to see who is going to move first, and nobody moves. What...
You know winter has arrived when it takes over 3 hours to travel 50 miles on the Mass Pike. The cold snap and glancing blow of a Nor’easter to the New England area had...
After yesterday’s downright balmy weather in the northeast, today brought us back to reality with temps in the low teens. That cold air was a key factor in keeping HEAT...
It appears to be the Oilman’s triple play today with Cold air, no snow and a falling market. All we can say is Finally! Early morning gains were wiped away upon news of...