It is with deep sadness that we mourn the passing of Thomas R Finlon, Jr, 64 years of age, in Houston Texas. We wish to express our condolences to his wife of 39 years, Teresa, his children Peter, Thomas III and Brendan... more
Energy
May 09, 2022
Petroleum prices continued to rise this week, increasing for the fourth week in six and fifth in nine. US Gasoline
prices set historic highs, closing on Friday at 3.759 per gallon. US Distillate stocks again reached 14 year lows.
... more
May 02, 2022
Petroleum prices increased for a third week in five and fourth in eight as the end of April marked the fifth
consecutive month of price increases, the largest such streak since 2018. Prices recovered from near two week
lows at the... more
Apr 25, 2022
Petroleum prices fell for the second week in four and fourth in seven. A decidedly mixed number of influences
resulted in the appearance of prices meandering at various points through the week. The prospects of higher
interest rates,... more
Apr 18, 2022
Petroleum prices increased for the first week in three and second in six in a holiday shortened week. Prices surged
despite a sizable Crude release from the Strategic Petroleum Reserve as well as relaxed ethanol restrictions for the
... more
Apr 11, 2022
Petroleum prices fell for a second consecutive week and fourth in five, driven primarily by details of a release of more than 180 MB from the US Strategic Petroleum Reserve that will be done in conjunction with the IEA that will release an... more
Apr 04, 2022
Petroleum prices fell for a third week in four, experiencing their largest weekly drop in terms of percentage of value in the last two years. A massive release from the US Strategic Petroleum Reserve over the next six months that will be part of... more
Mar 28, 2022
Petroleum prices rose for the first week in three amid persistent volatility and ongoing reduction in open interest. A missile attack on a Saudi Arabian oil installation by Iranian-backed Houthi rebels, global commercial oil stockpiles reaching... more
Mar 23, 2022
I have always believed that every active hedge strategy needs to answer the following three-part question:
Percentage hedged Duration of the hedge Derivative instrument(s) used to hedgePercentage hedged “seems” fairly straightforward.... more
Mar 21, 2022
Volatility exacerbated by a liquidity crunch that intensified price swings was a key characteristic of petroleum markets which fell for a second consecutive week after having reached 14 month highs. The price of WTI settled below $100 on Tuesday... more