Did OPEC Just Spoof The Shorts?

September 28, 2016

On Wednesday, OPEC and the Russians shocked the oil market with news of a production freeze/cut they intend to impose in November. In my latest article for Seeking Alpha, I look at this deal and wonder if it is for real or if it is just another case of jawboning, perhaps a page from the U.S. Fed, to move the price higher until the November biannual meeting of the cartel.

Article: Did OPEC Just Spoof The Shorts?

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Crack Spreads Offer Clues

September 26, 2016

Over recent weeks gasoline and heating oil crack spreads have been exhibiting some two-way volatility. In my latest piece for Seeking Alpha, I explain why crack spreads have been working to establish an uptrend over recent weeks and why this could be a great time to add Valero (VLO) to your portfolio.

Article: Crack Spreads Offer Clues

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Crude Oil Summit in Algeria- Meaningless

September 26, 2016

This week OPEC members and the Russian will sit down in Algeria to discuss the potential for a production freeze, quotas, cuts, and other topics that are likely to die at the negotiating table. In my latest article for Seeking Alpha, I examine the prospects for the September 26-28 meeting and the reasons why it will be another exercise in futility for those attending and those hoping the cartel gets its act together.

Article: Crude Oil Summit in Algeria- Meaningless

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

The Great Oil Trading Range

September 19, 2016

Crude oil has traded in a range of $40 to $50 per barrel since July. In my latest article for Seeking Alpha, I explain why there is a high probability that the energy commodity will trade in this range for the rest of the year in volatile fashion as various segments of market structure offer conflicting signals.

Article: The Great Oil Trading Range

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Oil Market Structure And The Brent – WTI Rumormonger Spread

September 12, 2016

Editor’s Pick

There are so many pieces to the complex puzzle of the international petroleum market. In my latest piece of Seeking Alpha I look at all of the factors that led to last week’s rally and explain why the Brent versus WTI spread could be signaling the unexpected for the oil market in the weeks to come.

Article: Oil Market Structure And The Brent- WTI Rumormonger Spread

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Cooperation in Oil- Keep Dreaming

September 12, 2016

Last week, the Saudis and Russians told the oil market that there would be no agreement in Algeria at the special meeting set up for the end of this month. In my latest article for Seeking Alpha I explain why oil is likely to remain between $40-$50 per barrel, how there could be another brief spike down as short-sellers capitalize on no action, and why China is the big winner when it comes to low oil prices.

Article: Cooperation in Oil- Keep Dreaming

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Crude Oil- The Long-Term Bullish Argument

September 6, 2016

The oil market currently looks like it is heading lower under the weight of massive inventories around the world. In my latest article for Seeking Alpha, I explain why the short-term picture looks bearish but the long-term picture could be extremely bullish and building a long position on price weakness may yield very profitable results over the weeks ahead.

Article: Crude Oil- The Long-Term Bullish Argument

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Crude Oil Rejects $50

August 29, 2016

Last week, the rally ended in crude oil and the price fell back to the midpoint of the trading range since early July. In my latest work for Seeking Alpha, I explain why the rally in oil was doomed from the start and why the trading range of $40-$50 per barrel will likely contain the energy commodity until an exogenous event causes it to break one way or another

Article: Crude Oil Rejects $50

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Crude Oil Is Entering The Sell Zone

August 22, 2016

The price of crude oil has moved from just under $40 per barrel on August 11 to almost $50 last Friday. In my latest work for Seeking Alpha, I look at the bullish and bearish factors at play in the world oil market and explain why the energy commodity could be entering the sell zone once again.

Article: Crude Oil Is Entering The Sell Zone

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

OPEC Is Jawboning Again

August 15, 2016

Editor’s Pick

Crude oil has bounced after taking a peek below the $40 per barrel level. In my latest piece for Seeking Alpha, I look at the current state of the oil market and explain why OPEC is likely to do nothing even if oil falls despite the high correlation between jawboning from the cartel and falling prices.

Article: OPEC Is Jawboning Again

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities