Crude Becomes Bipolar Amid Suspense over OPEC/Non-OPEC Supply Plans
Crude futures were firming early Thursday in Asia after closing weaker on Wednesday — WTI more so than Brent — in response to a surprising and...
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Energy Drives Commodity Price Gains in May
PRICE FORECAST CHANGES - RAISING COAL; CUTTING GOLD:We raise our annual average Coal (COAL COMDTY) price forecasts by 10% after strong price gains...
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Weekly Oil Views: June 22: A Tough Meeting Likely to Relax OPEC+ Cuts
Brent plunged nearly 6% from its 42-month high settle of $79.80 at the beginning of last week after the energy ministers of Saudi Arabia and...
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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...
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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...
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