Trade Wars, Tariffs & OPEC Moves
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...
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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....
The strength of the futures market since the new year is somewhat perplexing. Many originally thought the ushering in of a new Administration would see pricing continue...
We would have liked to see a nice correction continue after Monday and Tuesdays dip, but the Market Grinch had other plans. Yesterdays bounce higher focused primarily on...
It’s amazing what the hard times can reveal. Pricing jumped Monday pushing us to the higher end of our current range as new fear arose with the ongoing Russian- Ukraine...
Front month Distillate prices are now at the year low, retracing all the way back to where we sat last JUNE. Grabbing a slice of Q4 and Q1 gallons at these levels seem...
There are a plethora of factors that move futures markets. Technical factors such as support levels, moving averages, strength indicators. Fundamental factors such as...