Happy Holidays from your friends at the OPEC Plus Cartel. OPEC Plus is trying to put together an oil production cut that will finally make […]
Continue Reading →Oil prices have moved up and down based in part on OPEC Plus delaying tactics. Markets were very concerned that disagreement between Saudi Arabia and […]
Continue Reading →While the global oil markets are on edge to see if OPEC plus Russia will get their act together, the calling out by OPEC of […]
Continue Reading →The West Texas Intermediate crude oil is out of whack with Brent crude and the rest of the commodity complex this morning. The market is […]
Continue Reading →The earth just seems to be one big, massive ball of collusion. Russia, the country that famously was accused of colluding with the Trump campaign […]
Continue Reading →Roll out the barrels and let the good times roll as Iran’s oil industry continues to thrive under the Biden administration and their policy of […]
Continue Reading →The recent price crash in oil led by hedge funds is raising the possibility of OPEC’s revenge. There is little doubt at this point that […]
Continue Reading →The Fed might not see a recession coming but the oil market is pricing one in. Oil collapsed into “bear market territory” in a technical […]
Continue Reading →Hedge funds with their near-record short position still control the market’s direction until proven wrong. The shorts are betting that OPEC won’t have the stomach […]
Continue Reading →Oil prices still can’t turn the bullish corner as the Biden administration makes it clearer that Iran will not face any consequences for funding one […]
Continue Reading →Remember all that talk about demand destruction causing a collapse in oil prices? The funny thing about that is the data does not back it […]
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Butter Cup. The Energy Report 12/01/2023
Why does OPEC build It up Buttercup, baby, so the algos can crash it down and mess it around, and then worst of all (Worst […]
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