Eye on Energy

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

Bidens New Sanctions On Russia Lift Crude Prices >10% In One Week. Expect Reversal Once Trump Takes Office. The quick rise in crude oil prices over the last week after the Biden/Russia black fleet shipping sanctions were announced, lifted crude by 10%. We see this reversing starting next week once Trump is inaugurated with crude

US Crude Oil Inventory Build Lowers WTI Price – Correction Underway. The decline in crude oil prices that started today (downside target range of US$66-68/b) should trigger a new long-term buy signal for the sector when those levels are reached. Normally just one of the three signals we watch is sufficient for us to send