Oil prices are pulling back as well as silver and gold on the reduction of risk of war and more sanction hokum. Both Israel and Iran seemed to suggest that the tit-for-tat responses to their...
A wild evening of risk on and risk off as the market fear cages had a significant test and geopolitical events are on the cusp of our worst nightmares. Now the market must decide whether the tensions...
Jerome Powell hints: You can’t hurry cuts. No, you’ll just have to wait. Inflations not easing, But It’s a game of give and take. You can’t hurry cuts, no, you just got to...
Wars, rumors of war, record deficits, raging inflation, and threatening more taxes and regulations on US energy as Iran’s Oil production is allowed to hit a 5-and-a-half-year high and they...
Global oil prices went through the ‘buy the rumor sell the fact’ on the Iranian attack on Israel and now are still waiting to see what Israel’s response will be. Reports by the...
Oil prices pulled back in an uneasy calm after Iran’s attack on Israel after oil traders hedged against the threat of an attack with record buying in crude oil call options. Israel said that 300...
The International Energy Agency (IEA) is saying that the global oil market is undersupplied while the Biden administration is taking steps that may make it stay that way. The IEA once again is...
Global oil markets must decide whether they are more worried about inflation or global conflict. Oil prices fluctuated on the prospect of a widening war with new potential battlefronts in the Middle...
Oil is on the rise as the headlines blast that the oil market is going to get extremely tight in the second half of the year and that OPEC has regained control of the oil market. These headlines are...
Oil is back after Israel pulled back some troops in Gaza and because Iran failed to follow through on threats to respond to Israel’s attack on its consulate in Lebanon. Yet to say the market is...