Weak US Demand And Rising Commercial Stocks Likely To Cause Near Term Correction In WTI Price. Global Economic, Political & Military Update Mixed economic data in the US, with some indicators like manufacturing weakening are being offset by rising inflation after many months of declines. The Fed meeting notes out this week (from the last […]
Eye on Energy: February 22 Read More »
Crude Oil War Premium Expands US$3.50/b Over The Last Week As Houthis Continue Attacks In Red Sea. Global Economic, Political & Military Update The surprisingly hot US CPI data yesterday drove the Dow down over 520 points to 38,273 and at its worst was down over 700 points, before a late afternoon recovery. The US
Eye on Energy: February 14 Read More »
Crude Oil War Premium Shrinks US$6/b Over The Last Week As US Does Not Hit Iran Directly. Global Economic, Political & Military Update The frenzy over the AI area continues and stocks in the sector continue their parabolic moves. The money flow into this sector is using up the cash on the sidelines and is
Eye on Energy: February 7 Read More »
Crude War Premium Expands As US Plans Retaliation Against Iran’s Proxies For Killing Three US Soldiers In Jordan. Global Economic, Political & Military Update All eyes are on the Fed today as it finishes its two day FOMC meeting. They announced no change in rates today and plan to watch inflation data before cutting rates
Eye on Energy: January 31 Read More »
Crude Oil War Premium Expands As US and UK Bomb Houthi Military Targets In Yemen. Global Economic, Political & Military Update The AI mania continues to take stock markets to new highs. In our view we are getting even higher into parabolic nose bleed territory with the risk of a sharp and painful decline imminent.
Eye on Energy: January 24 Read More »
Iran And Pakistan Attacks On Each Other Add To Crude War Premium. Global Economic, Political & Military Update The stock and bond markets are struggling as we start 2024. Over the first three weeks of 2024 the stock markets are down and historically this has led to negative performance for the year. If the full
Eye on Energy: January 18 Read More »
Crude War Premium Expands As US And Allies Shoot Down Large Houthi Drone Attack In Red Sea. Global Economic, Political & Military Update The stock and bond markets are struggling as we start 2024. Over the first week of 2024 the stock markets were down and historically this has led to negative performance for the
Eye on Energy: January 10 Read More »
Crude Oil War Premium Shrinks As Allied Warships Patrol Red Sea Global Economic, Political & Military Update I will be traveling next week so there will be no ‘Eye On Energy’ report. Our next issue will be out on Wednesday January 10, 2024. The stock and bond markets continue to enjoy strong year end performance.
Eye on Energy: December 28 Read More »
Yemen Houthi Attacking Of Red Sea Shipping Adds Nearly US$7/b Temporary War Premium. Global Economic, Political & Military Update The stock and bond markets continue to have positive momentum with the traditional seasonal holiday rally mode underway. There are a lot of excesses in both markets but for now investors are ignoring the negatives. Institutions
Eye on Energy: December 20 Read More »
Crude Oil Price Bottoming. Energy Securities Are Bargains Again! BUY!! Global Economic, Political & Military Update The stock markets continue to have positive momentum as AI stocks and the tech sector in general, continue to extend these overbought areas. This week Central Banks have meetings and the market expects no change in rates but wants
Eye on Energy: December 13 Read More »
