Moving averages, oscillators, forward curves, spreads, basis graphs... charting can seem overwhelming to commercial hedgers who are simply seeking to dampen volatility and lock in profits on their… more
Energy
Petroleum prices rose for a seventh consecutive week,reaching seven year highs as the price of WTI breached $93. There were a number of influences, virtually all positive, that drove petroleum… more
Petroleum prices increased for a fifth consecutive week, touching seven-year highs midweek as
dated Brent briefly touched $90 before easing at week’s end on profit-taking as well as a sharp… more
Energy prices increased for a fourth consecutive week, the longest such streak of gains since October. Reductions in Crude inventories rendering stocks to their lowest levels since October 2018,… more
Energy prices rose for a third consecutive week, reaching their highest levels since late November. Strong
demand, growing production issues in Kazakhstan, Libya, Russia, Nigeria, Canada and… more
Energy prices rose again in another holiday abbreviated week. Prices increased despite a dramatic rise in cases of the omicron variant of Covid-19. Increases in petroleum demand were significant… more
Petroleum prices increased this week in abbreviated preholiday trading. Prices trended upward in both Crude and refined products despite clear evidence of reduced demand linked to the Omicron… more
Petroleum prices fell for the seventh week in eight as renewed concerns about the rapid spread of the Omicron variant of the Covid-19 virus, associated expectations of renewed travel and movement… more
Increasing confidence in the containment and treatment of the Omicron variant of the Covid-19 virus thus easing demand reduction concerns as well as strong inflationary pressures helped propel… more
Petroleum prices fell for a sixth consecutive week, the longest such streak of weekly losses since November 2018. Expected reduction in global petroleum demand due to the emergence of the Omicron… more