Targa Resources Corp., (TRGP) together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, & develops a portfolio of midstream energy assets in North America. The company operate...
Sep WTI crude oil (CLU22 ) this morning is down -3.79 (-4.12%), and Sep RBOB gasoline (RBU22 ) is down -9.74 (-3.20%). Sep Nymex natural gas (NGU22 ) is down -1.43% Oil prices this morning are sharply...
S&P 500 more than erased Thursday‘s decline – buy the dip mentality won, and the advance was that broad-based that it makes sense that I examine the theoretical possibility of a new bull market being...
While the US, Europe, and other countries worldwide address climate change, 2022 has been a year where traditional fossil fuels have dominated price action in futures markets. Crude oil, natural gas, and...
Oil prices were down a little bit on concerns that Iran could accept the EU proposal to get back into the Joint Comprehensive Plan of Action (JCPOA) nuclear deal reached by Iran and China, France, Germany,...
On Friday we the markets roared forward. What will we see today?
The fundamentals for kero and diesels weakened last week with stocks rising and demand falling. However, the outlook remain supportive with stocks 29mb below the level both the level seen last year and...
Gasoline fundamentals improved sharply last week with stocks falling by 5mb and extending below the level seen last year and the five year average. Demand also increased sharply by 582,000 bpd but remains...
Crude fundamentals weakened with stocks rising sharply by 5mb to just 6.8mb below the level seen last year and total demand falling by 474,000 bpd. Demand also fell by 40,000 bpd on the year and 789,000...
The downtrend may be expected to continue, while market is trading below resistance level 92.70, which will be followed by reaching support level 85.41 and if it keeps on moving down below that level,...