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

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

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

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

Crude Oil Approached The Moment Of Truth

August 8, 2016

I have been writing that weakness in oil product prices over recent months has been a weight around the neck of the energy commodity. In my latest work for Seeking Alpha, I look at the recent rally in the gasoline crack spread and rejection of the lows when oil took a peek below $40 last week. I also look at the current state of the oil market and explain why the energy commodity is caught between bullish and bearish factors and the path of least resistance is far from clear for the months ahead.

Article: Crude Oil Approached The Moment Of Truth

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

Crude Oil Weakness Not A Surprise

August 1, 2016

In an article published on July 11 I lowered my price range for crude oil due to weakness in oil product prices. In my latest piece for Seeking Alpha, I explain why a continuation of weak product prices, a higher dollar and increasing contango means that the price of the energy commodity is likely to continue drifting lower perhaps down to critical support around the $38.50 per barrel level.

Article: Crude Oil Weakness Not A Surprise

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

Oil: Watching For Signs Of Life

June 27, 2016

Crude oil has been holding steady near the recent highs after rallying from $26.05 in February. In my latest piece for Seeking Alpha, I explain why oil products could hold the key to whether the energy commodity can move to the next level of technical resistanceĀ on the monthly chartĀ at $60 per barrel.

Article: Oil: Watching For Signs Of Life

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

Crude Oil- All Signs Point Higher Except For One

June 13, 2016

You will likely be hearing a lot of calls for the price of oil to go higher, and with good reason there are many positive signs for the energy commodity at this time. In my latest piece for Seeking Alpha, I look at all of the positives for the petroleum market but one negative that could cause the price to stagnate or fall over the coming weeks.

Article: Crude Oil- All Signs Point Higher Except For One

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

Crude Oil- The Rally May Be Running Out Of Gas, For Now

May 9, 2016

Editor’s Pick

After an almost 80% recovery from the February 11 lows in crude oil the market is starting to look a bit overbought from a technical perspective. In my latest piece for Seeking Alpha, I look at the current state of the technical and fundamental factors that influence the price of crude oil and explain that it may be uncertainty and the dollar that drives prices over the coming weeks.

Article: Crude Oil- The Rally May Be Running Out Of Gas, For Now

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

Energy First Quarter review and the outlook for Q2 2016

April 4, 2016

Energy prices moved a bit higher, as a sector, during the first quarter of 2016 although most energy commodities made new multi-year lows during the quarter before recovering. In my latest article for Seeking Alpha, I review the action in energy markets during the first three months of 2016 and look forward to Q2.

Article: Energy First Quarter review and the outlook for Q2 2016

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