Weekly Oil Views: Saudi-Russia Partnership Throws Cold Water on Crude Rally
Energy ministers of Saudi Arabia and Russia last Friday (May 25) agreed that the OPEC/non-OPEC production cuts had gone too far in tightening...
87 Views
WTI 72 Cycle Turn as Longs Head for the Exit
Oil was ripe for a correction given the maturing chart structure and seasonality pointing to a cycle peak in late May. We have been long from WTI...
110 Views
OPEC May Ease Supply Curbs Next Month, Cooling off Crude Prices
We wrote in our Weekly Oil Views: Crude Spike Will Force OPEC to Walk the Talk that OPEC has come under pressure to respond to 1) Brent spiking...
115 Views
Weekly Oil Views: Crude Spike Will Force OPEC to Walk the Talk
The US and Europe are on a collision course over Iran sanctions. Last Friday, the European Commission launched a process to activate its Blocking...
121 Views
Weekly Oil Views: Iran Sanctions Threaten Supply but Don't Bet on $80 Yet
Since the start of this year, oil market participants had been progressively pricing in the prospect of the US walking out of the landmark Iran...
132 Views