The best definition of recent trading action in oil comes from long-time technical Analyst John Helms who describes oil markets’ recent trading action as defensive […]
Continue Reading →Biden’s attempt to ease tensions by landing in Israel this morning has been thwarted, at least in the short term, because of an indiscriminate bombing […]
Continue Reading →The Trump administration put maximum pressure on state bad actors like Iran and Venezuela. The Biden administration put minimum pressure on Iran and Venezuela. The […]
Continue Reading →It is being reported that the Biden administration has worked back channels to talk to Iran to warn them about escalating the conflict in Israel. […]
Continue Reading →Oil prices are back above the 10-day moving average as it appears that Israel is ready to move on the Gaza Strip and Iran threatens […]
Continue Reading →Oil prices took away its ‘war premium” after Saudi Arabia gave assurances that they would keep the oil flowing and so far supply has not […]
Continue Reading →If at first you don’t succeed, change the narrative. The Biden administration is once again trying to spin another major foreign policy disaster by trying […]
Continue Reading →Oil prices are cautious as the siege of Gaza unfolds. Hamas is threatening to kill hostages if Israel attacks any Gaza homes, so the stakes […]
Continue Reading →Israel has declared war on Hamas. Hamas, reportedly with the backing of Iran, unleashed a reign of terror where the death toll reportedly exceeded 1100 to […]
Continue Reading →The energy complex continued its shoulder season meltdown because when interest rates hit a 16-year high, it solved all the oil and product supply issues […]
Continue Reading →Maybe California does not want Governor Newsome’s $7 a-gallon gasoline. A stunning 6006.000 barrel-a-day weekly drop in gasoline demand, which may have been exaggerated, showed […]
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Hope And Prayer. The Energy Report 10/20/2023
The oil market is losing hope that global oil supplies will not be impacted in a time of war and rumors of war. Biden, in […]
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