Eye on Energy

Weaker US Consumption Leads To 6.2Mb Increase In Commercial Crude Stocks. WTI Expected To Fall Below US$67/b. Global Economic, Political & Military Update While the US federal government cuts its employee count sharply in recent weeks the private sector is adding jobs at a fast pace. Today the ADP report showed private sector jobs rose […]

US 25% Tariff On Venezuelan Oil Lifts WTI To US$70/b. Global Economic, Political & Military Update President Trump is on the warpath against Venezuela and Iran. Regarding Venezuela he introduced a 25% tariff on any country buying its oil and on that country’s goods sold in the US, if they buy crude from the country

Crude Oil Softens On Seasonal Build In Inventories. Important BUY Signal Imminent <US$66/b. Global Economic, Political & Military Update A partial ceasefire in Ukraine where both Russia and Ukraine committed to stop attacking each other’s energy infrastructure for 30 days is the best that the US could get from the current negotiations to a long

WTI Prices Lift As US Consumption Rises 5.1% Last Week. Global Economic, Political & Military Update President Trump freaked out stock markets with his on-off switch of new tariffs and threats against the US’s key trading partners. Canada is getting the brunt of these social media attacks. Trump threatens, then trade negotiators from both sides

Significant decline in Crude Oil has triggered a new BUY Signal! An Action Alert Buy will be sent out to subscribers today! Global Economic, Political & Military Update President Trump teased the markets last week with misdirection of when he planned to put on his tariffs. He mentioned early April to add stiff tariffs to

WTI breaches US$69/b. A new energy sector BUY signal should occur in March. Global Economic, Political & Military Update In early April we will see if President Trump is going to add stiff tariffs to Mexico and Canada and others around the world. It appears that he is using the hammer against his closest neighbours

US Total Consumption Falls While Commercial Crude Stocks Rise. Global Economic, Political & Military Update President Trump and Prime Minister Netanyahu have given Hamas until noon on Saturday to release all remaining hostages (alive and the bodies of the dead) as Hamas has not met the phase one conditions. If the release does not happen

WTI Crude Oil Falls Below US$72/b As Trump Tariffs Get Delayed For Now. If WTI Falls Below US$70/b We May See New BUY Signal Triggered. Global Economic, Political & Military Update President Trump used his Tariff threats against Mexico and Canada to get support in the battle to keep fentanyl and illegal immigrants outside of

President Trump’s Tariff Agenda Weighs Heavily On Canadian Energy Sector President Trump moved quickly to show he meant business with his Tariff’s. Colombia’s leftist President would not let US planes land in his country with deported criminals that were his citizens. President Trump threatened 25% tariffs immediately and 50% a week later. This would have

WTI Falls >US$3/b Over The Last Week As Markets Await Trump Tariff Decisions. President Trump moved quickly to stamp his policies that he was elected on. Executive orders on closing the border, evicting criminals, ending DEI, opening federal lands to energy development, requiring all federal workers return to their offices full time and many, many