• The Crude Chronicles – Episode 7

    Oil Falls On Easing Middle-East Tensions & Global Growth Fears The CFTC COT update for the week ending September 24th showed net long positions in WTI crude futures were lower by -2,943 contracts, taking the position to 424,162 on the week. Speculative long positions fell by -1,864 contracts while short positions increased by +1079 contracts. […]

  • Key Takeaways From Trump’s UN Speech

    China & Iran In The Firing Line Despite the next round of trade talks being just under two weeks away, President Trump didn’t shy away from attacking his long-term rivals during his speech to the UN this week. Commenting on issues which he has long campaigned against during his presidency, Trump told the audience: “Not […]

  • The Crude Chronicles – Episode 5

    Key WTI Headlines Over the Week The CFTC COT update for the week ending September 10th showed net long positions in WTI futures rose +44,048 contracts to 428,205 for the week. Speculative long positions jumped +18,639 contracts while short positions plunged -25,409 contracts. Benchmark WTI prices commenced the week with a 20% move north as […]

  • The Crude Oil Chronicles – Episode 1

    Welcome to our first installment of the Crude Oil Chronicles – a weekly comprehensive look into global oil inventories and prices! US Crude Stores Fall Again While focus over the last few months has been on concerns regarding the demand outlook for oil, recent industry reports have started to paint a different picture. The latest […]

  • Doha meeting fails, triggers a rout on the energy market, the Yen rallies

    OPEC and other Oil producing countries failed to come to an understanding.

  • Crude Oil extends its losses, as Saudi Prince’s comments erode confidence in growth

    Brent futures were sent into a sharp slump.

  • The International Energy Agency says the Oil market has bottomed out,  will return into balance in the second half of 2017

    OPEC reduced output by 90 000 barrels daily in February.

  • WTI rally halts on $34 level, the GBP bounces off low levels, as Brexit risks ease

    The US Dollar looks stable against the basket of six other majors.

  • Iran considers Oil output restriction plan “ridiculous”, equity panic resumes

    Saudi-Russian proposal to cap Oil output didn’t find adequate support from Iran.

  • Oil surges, in hopes Tehran will accept Qatar’s deal, European equities rise

    Oil managed to get over the “below $30 bearish trap”.