Chevron’s Back, Russia’s Cornered, & OPEC’s Gearing Up
As predicted, higher tariff rates on China were pushed off until November 10th cooling off Oil prices thus far this week. Little more bolder prediction…. PATS go 12-5...
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As predicted, higher tariff rates on China were pushed off until November 10th cooling off Oil prices thus far this week. Little more bolder prediction…. PATS go 12-5...
Happy Tariff Day! Today is when higher tariff rates on most countries (except Mexico & China who are the two largest) supposably go into effect for goods coming into the...
Rangebound is a common term used to describe a market that is confined within a particular space or price range. Looking at the ULSD chart below for the last several...
Future markets have gained some momentum in the last few days, adding about $.15 ahead of the long weekend. While there are plenty of happenings to support the increase, ultimately my sense is that most don’t want to go away for three days short in a volatile market. That is, there is a sense that the overall temperature of World has come down a bit from a few weeks ago.
The sell off in Diesel futures recently is welcome news to most as pricing is down roughly $.10 from a week ago. With new demand figures released yesterday showing...
In a world where common sense is very uncommon, I would like to believe that the collective brainpower of the oil markets still have some remaining. We say all the time...
Future pricing took another dive yesterday continuing the selling rally started last Friday. When the inventory report hit, and saw that exports took a dive, imports...
Fuel prices are remaining alarmingly resilient in the last week as the focus has been completely on the Ukraine- Russian “conflict”. Yes, that was the first step in the...
Just like August are the dog days of Summer, February is the dog days of winter. It can be a grind as mother nature lets you know she is still in charge by gifting us...
After spending the last few weeks on the sidelines, I have found two undeniable truths. First ,my disdain for any network news outlook as a source of meaningful content....