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 »
Crude Oil Prices Fall US$26/b (27%) Over The Last 2 1/2 Months On Global Consumption Weakness. Bottom Imminent! Global Economic, Political & Military Update The stock and bond markets continue to have positive momentum as AI stocks and lower interest rates (on some softer economic data) help both markets. The Bulls see a ‘soft landing’
Eye on Energy: December 6 Read More »
WTI Crude Oil Falls US$4/b Or 5% On Wednesday Morning To US$73.85/b On OPEC Disarray And Large Build In US Inventories. Global Economic, Political & Military Update The stock and bond markets continue to have positive momentum heading into the US Thanksgiving holiday season. On the stock side the AI sector continues to be the
Eye on Energy: November 22 Read More »
US Crude And Gasoline Consumption Fall Materially In Latest EIA Report. Expect More Near Term WTI Weakness. Global Economic, Political & Military Update The stock and bond markets rejoiced and prices rose over the last two weeks as muted inflation data gave investors confidence that the end of Fed Funds increases was here. Some bond
Eye on Energy: November 15 Read More »
Weak China Crude Consumption Drives WTI Below US$77/b. We Are Getting Close To An Important Bottom. Global Economic, Political & Military Update The stock and bond markets rejoiced and celebrated via a nice rally in bond prices and stock prices as investors bet that the FED was done raising interest rates based on the press
Eye on Energy: November 08 Read More »
US Energy Demand Softens. WTI Should Fall Below US$80/b In The Coming Weeks. Global Economic, Political & Military Update The FOMC meeting ended today and there was no change to the Fed Funds rate. However the commentary was hawkish. Inflation is still a problem with rising food prices and more importantly rising pressure from the
Eye on Energy: November 1 Read More »
