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Crude Oil WTI Futures prices are weaker this morning in part because the Fed Chairman said, “The economy is not sending any signals that we need to be in a hurry to lower rates.” But also, on the...
There is every reason to be thankful for the Harris no-go last week, but also absolutely no case to get giddy about the prospects for a second Trumpian term, either. At best, what lies ahead is a...
Crude is testing a T/L support that has been holding since September. Between this and the L/T channel’s T/L resistance WTI is trapped in a symmetrical triangle. The medium-term trend is clearly...
European gas prices are trading at their highest levels since November last year on concerns that some Russian pipeline flows could be disrupted soon. Energy - European Gas Surges, US Gas Falls Most...
President Trump’s desire to cut energy prices in half will be a lot easier if the International Energy Agency’s prediction of a coming oil glut is correct. (spoiler alert; it is probably not). In...
OPEC cuts oil demand growth forecasts for 2024 and 2025, citing concerns about the Chinese economy. China’s stimulus measures have failed to impress, and the country’s economic outlook remains a...
Oil prices are trading back and forth on mixed signals from our good friends at the OPEC cartel and their felling of pessimism that is out of line with the optimism of the Trump Train...
Brent crude oil prices have continued to slip, touching $71.74 a barrel on Tuesday. This marks a downturn influenced by China's underwhelming stimulus measures. The market's lack of confidence in...
Natural gas prices in the US and Europe surged higher yesterday. Short covering in Henry Hub provided more momentum to the rally Energy - Natural Gas Strength, Oil Weakness Oil prices came under...
As a parting gift to Americans, the Biden administration added billions to the deficit because of their misuse of the Strategic Petroleum Reserve. As {{oil}} gives up early gains on another pop in...
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