IEA Approves 400M BBL; Crude Higher
Developments on the energy front continue to garner attention from the market. After two days of sharp retreats, the price...
Afternoon Update: Iran Laying Mines in the Strait?
THE IEA’S “EXTRAORDINARY MEETING” ENDS WITH NO DECISION ON CRUDE STOCKPILE RELEASE: FT Following up on earlier reports, CNN REPORTS...
Crude Disinfo/MisInfo Sends Stocks Lower
U.S. Energy Secretary, Chris Wright, claimed/posted that the U.S. Navy escorted a tanker through the Strait of Hormuz: “President Trump...
Market Update – Oil Dynamics, Jawboning, Spoofing, and Maybe Escorting
There’s been a whole lot of waiting in a dull market, and then sudden movement on more jawboning efforts to...
Afternoon Update
One of the things that stands out today is volatility’s relative weakness right out of the gate with VVIX leading...
Market Update
The G7 meeting has ended with no confirmation of an oil reserve release, but the G7 will have another meeting...
Afternoon Update
I am happy for the Crude oil trade, but I wish the week was not dominated by geopolitical headlines. My...
Crude Consolidation
WTI Crude, thankfully (if you’re long oil) started a consolidation. It was getting a little tense there for a moment...
Market Update
The market has seen a modest increase in its implied rate cut expectations from the Fed after this morning’s weak...
Oil Target Hit – Taking Half off Before the Weekend
Yesterday I updated my measured move for WTI crude oil futures: I feel comfortable with the $84 measured move, but...
Afternoon Update
In response to the news in the last post (oil), stocks have responded, coming off session lows. Most moves were...
Oil Headlines
Treasury to announce measure as soon as Thursday to combat rising energy prices That includes using oil futures market: Senior...
Market Update
Time i’ve analyzed the market and put together a post I usually have to go back and update price percent...
Afternoon Update
Not much has changed since midday, with just the Energy (-0.6%) and Consumer Staples (-0.4%) sectors red. Today’s equity market...
Market Update
Tuesday had 2 of 3 conditions necessary for a 1-day oversold. Today’s price action reflects that, like 1-day oversold-lite. A...
Quick Afternoon Update
There’s a whole lot of craziness out there today. A good deal of it was probably due yesterday in terms...
Trump to Provide Insurance/Naval Escorts
This was just posted on Truth Social as the administration tries to find a way to get oil flowing through...
From Complacency to Panic: Probably Short-Term Oversold
The market is starting to come to terms with the idea that Iran might be more than a short-term skirmish...
IRGC Said To Close Strait of Hormuz
I can see the developments in price before I can find them in open source intelligence. Crude oil (+8.5% @...
Market Update
I’ve long held the view that most geopolitical flare-ups prove to be tempests in a teapot for markets in the...
