Energy Market Updates

Reading or watching the news the last few days, not only wants me to go live in a cave but has me wondering why markets have remained relatively calm. We didn’t start...

Diesel markets jumped Tuesday after the long weekend on news of US warships positioning themselves off the coast of Venezuela. The official stance is that they are...

Tuesdays price drop in diesel slid us back into the middle of the range we have been in this month. I expect a fair amount of back and forth to continue as markets weigh...

We appear to be on a four session rebound, after the past weeks meetings with both combatants and European leaders. The narrative that is coming across is that the US...

As predicted, higher tariff rates on China were pushed off until November 10^th 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...