Energy Market Updates

This time last week futures markets were screaming higher on diminishing trade talks with China and larger sanctions on Russia Crude producers and their buyers. Those...

What a difference a week makes! Last week we were all feeling pretty good, wars were ending, pricing was falling, trade talks were on the horizon….. This week’s complete...

Diesel futures remain on the high side of the summer seasonal range, taking back all of last weeks losses.  Fundamentally, even as demand saw a little bit of a boost this past week, if you strip out exports (implied demand),  we are still well below last years figures.  Gasoline, while slightly more stable, is still soft on a national level.  The inelasticity of gasoline (people need gas to commute daily) tends to be overlooked more than Diesel as it has a direct relationship to the health of the overall economy.  If folks aren’t buying diesel, trucks aren’t running.   

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...

Coming out of last week, it was relatively quiet news wise that pushed markets to be range bound. This week is the completely different as most can't make heads or tails...

The big jump in futures earlier in the week came after the world saw that Ukraine still has a lot of fight left in the ongoing Russian war. Using what is considered “low...