Energy Market Updates

 Last week we were optimistic that markets would turn south with news that Iran and the US would be meeting over the weekend to hammer out a resolution. That all turned Saturday morning with a tweet that the meeting was off. The past week has shown little in way of the conflict ending anytime soon. A senior meeting at the White House indicated that we could be in for “months” long standoff, and the President stating that he would like the Russian-Ukraine conflict to end at the same time.

The situation is fluid. I believe that to be a perfectly acceptable answer for any question asked of me. “Dad, can I go to Italy after graduation?”…. The situation is...

Oil futures jumped late yesterday and continue to rise early this morning on news that a Federal Trade Court has ruled the Administrations use International Tariffs does...

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...

I was out the last few days. Anything happen while I was gone? The elephant in the room is what to expect with a new Administration coming in January. Short term, don’t...

Depending upon which news outlet you subscribe to, we are either on the brink of WW3 or about to roast smores around a campfire. Judging by the market direction the last...

Fuel Futures continue to rally from last week as many saw a buying opportunity too good to pass up. Diesel pricing is about $.10 higher than a week ago and Gasoline is...

Markets have appeared to take every geopolitical risk headline the same way the kids take my advice…. “whatever”. 

A week ago we mentioned that we might reset to a new low if the three key drivers fell in line. They did just that, for the most part. OPEC+ rolled production status,...