Weekly Oil Views: Crude Breaks Out of Its Summer Lull but Storm Clouds on the Horizon
Crude surged by up to 5.5% in the week ended August 24, its first weekly gain in nearly a month. The bullish pieces of news and data behind the...
336 Views
Worst Over for Asian Refining Spreads?
We’ve been bullish on crude oil this year and the surprise has been weak US gasoline demand, creating a growing product surplus rippling through...
292 Views
U.S. Equity Strategy: Opportunities in Refiners & Med Device Makers
U.S. equity markets remain resilient. Led by strength in technology and biotech, the Nasdaq hit a new all-time high yesterday. Small-cap indexes...
123 Views
U.S. Equity Strategy: Upgrading Utilities, Downgrading Manufacturing
We continue to view the market as healthy in terms of breadth, although rotations are occurring at the margin which warrant minor tweaks to our...
188 Views
US Crude Benchmark WTI Flips into Backwardation – Is It Ready for a Bull Market?
The NYMEX WTI crude futures curve flipped into backwardation this week, breaking a three-year uninterrupted spell of contango. The front two...
262 Views