The excitement over the debt ceiling deal in principle is wearing off for the oil trade as there are some doubts that it will get the votes it needs. Yet the larger issues weighing on the oil market seems...
Secretary Yellen found a way to extend the debt ceiling deadline to June 5th. What will we see today? Read on to learn more...
Gas Oil has been creeping higher the past few weeks after having dropped over (50%) since October of 2022. Is the bottom in? Time will tell… I like my chances with this trade given the historical seasonality....
Jim's report on recent market changes to ponder over the Memorial Day weekend .... (as you prep for next week)
July WTI crude oil (CLN23 ) on Friday closed up +0.84 (+1.17%), and July RBOB gasoline (RBN23 ) closed up +3.87 (+1.52%). Crude oil and gasoline prices Friday posted moderate gains. Signs that U.S....
June Nymex natural gas (NGM23 ) on Thursday closed down -0.126 (-5.46%). Jun nat-gas Friday dropped to a 2-week low and closed sharply lower. Forecasts for seasonal U.S. temperatures that will reduce...
July WTI crude oil (CLN23 ) this morning is up +0.71 (+0.99%), and July RBOB gasoline (RBN23 ) is up +3.05 (+1.19%). June Nymex natural gas (NGM23 ) is down -0.083 (-3.60%). Crude oil and gasoline prices...
Give me a headline, and I’ll give you a dollar. The debt showdown negotiations dominated the oil market and the perceived progress on the negotiations, or the lack there of, caused oil to move as the...
Grain and oilseed contracts are weather derivatives at heart, so a weather market can develop at any time.
Today is the day before a major holiday in the US. What can we expect? Read on to learn more...
