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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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...
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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...
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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...
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Crude Spikes as US Announces Sanctions Against Iranian Oil Sector
Crude futures rocketed to fresh 41-month highs in intra-day trading Wednesday, hours after US President Donald Trump announced his decision to...
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