Traders Market Weekly: So, This Is Christmas

December 19 – 25 2021 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… Christmas, Volatility and Growth The Week That Was – What Lies Ahead? Contents Click on the links below to navigate to the relevant section. Part A: Stock markets Part B: Bonds Fed and Banks Part C: Commodities Energy – Oil and Gas Gold and Silver Part D: Foreign Exchange Geopolitics and Economics Economy Week ahead … Continue reading “Traders Market Weekly: So, This Is Christmas”

Around The Barrel – Large Crude Oil and Distillate Draws as Economies Respond

WTI Oil futures have rallied back from the recent dump. Last week EIA reporting a crude draw -4584Kbbl (incl +1294kbbl build at Cushing). Gasoline stocks drew -719kbbl. Utilization rose +.2% to 89.8%. Production Unchanged at 11,700 kbpd. DOE Weekly Petroleum Status Report via TradersCommunity.com Report Date 12/8/21 Release Time: Wednesday, December 15, 2021 at 10:30 A.M. (ET) Note in bbls *exp = Reuters poll est  adjusted for API shift, except Cushing   EIA Exp Prior API Crude -4584k -2677k -241k … Continue reading “Around The Barrel – Large Crude Oil and Distillate Draws as Economies Respond”

OPEC Monthly Oil Market Report December 2021

The OPEC Monthly Oil Market Report (MOMR) for December released Monday provides OPEC’s outlook for crude oil market developments for the coming year with key developments impacting oil market trends in world oil demand and supply.   MOMR Highlights Oil demand was adjusted higher in 1H21, amid better-than-anticipated transportation fuel consumption in OECD, offset by a downwardly-revised estimate for 3Q21 due to increased COVID-19 cases and softer industrial production in China, as well as easing transportation fuel recovery in India. … Continue reading “OPEC Monthly Oil Market Report December 2021”

Traders Market Weekly: Central Banker Deluge

December 10 – 16 2021 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… Fed, Apple and Inflation The Week That Was – What Lies Ahead? Contents Click on the links below to navigate to the relevant section. Part A: Stock markets Part B: Bonds Fed and Banks Part C: Commodities Energy – Oil and Gas Gold and Silver Part D: Foreign Exchange Geopolitics and Economics Economy Week ahead … Continue reading “Traders Market Weekly: Central Banker Deluge”

Fitch Outlook For North American Oil & Gas is Neutral in 2022

Fitch Ratings issued a note Friday maintaining the North American Energy (Oil & Gas) sector neutral. Fitch expects continued conservative capital deployment, moderate volume growth despite significantly above midcycle prices, and strong focus on FCF. Fitch said that robust FCF has allowed a number of producers to accelerate refinancing, execute debt reduction initiatives and increase shareholder returns. Highlights West Texas Intermediate prices seen moderated through 2022. Fitch anticipates a majority of issuers will continue to generate positive FCF given moderate … Continue reading “Fitch Outlook For North American Oil & Gas is Neutral in 2022”

U.S. And Israel To Discuss Military Drills For Different Iran Scenarios

U.S. talks with visiting Israeli Defense Minister Benny Gantz on Thursday are expected to discuss possible military exercises that would prepare for a worst-case scenario to destroy Iran’s nuclear facilities should diplomacy fail a senior U.S. official told Reuters. The talks follow an Oct. 25 briefing by Pentagon leaders to White House national security adviser Jake Sullivan  The U.S. official said on Wednesday, speaking on condition of anonymity said the U.S.-Israeli preparations, which have not been previously reported, underscore Western … Continue reading “U.S. And Israel To Discuss Military Drills For Different Iran Scenarios”

Around The Barrel – Large Cushing Crude Oil and Gasoline Storage Builds Continue

WTI Oil futures have rallied back from the recent dump. EIA reporting a crude draw -241Kbbl (incl +2373kbbl build at Cushing). Gasoline stocks grew +3882kbbl,  Utilization rose +1.0% to 89.6%. Production rose +100k to 11,700 kbpd. DOE Weekly Petroleum Status Report via TradersCommunity.com Report Date 12/1/21 Release Time: Wednesday, December 8, 2021 at 10:30 A.M. (ET) Note in bbls *exp = Reuters poll est  adjusted for API shift, except Cushing   EIA Exp Prior API Crude -241k -1677k -909k -3089k … Continue reading “Around The Barrel – Large Cushing Crude Oil and Gasoline Storage Builds Continue”

Traders Market Weekly: When The Rubber Meets The Road

December 4 – 9 2021 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… Omicron, Fear and Inflation The Week That Was – What Lies Ahead? Contents Part A: Stock markets Part B: Bonds Fed and Banks Part C: Commodities Energy – Oil and Gas Gold and Silver Part D: Foreign Exchange Geopolitics and Economics Economy Week ahead Editorial This week saw a flow on from last, investors being … Continue reading “Traders Market Weekly: When The Rubber Meets The Road”

Traders Market Weekly: Omicron, Fed & Jobs

November 28 – December 3, 2021 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… Omicron, Fed and Jobs The Week That Was – What Lies Ahead? Contents Part A: Stock markets Part B: Bonds Fed and Banks Part C: Commodities Energy – Oil and Gas Gold and Silver Part D: Foreign Exchange Geopolitics and Economics Economy Week ahead Editorial With America coming out of it’s annual Thanksgiving slumber … Continue reading “Traders Market Weekly: Omicron, Fed & Jobs”

Iranian Nuclear Deal Revival Talks Seem Futile With Scaled Up Iran Uranium Efforts

Negotiations for the seemingly endless talks aimed at reviving the international nuclear agreement with Iran is set to start Monday involving the U.S., Britain, Germany, France, Russia, China and Iran. The elephant in the room is has Tehran advanced its nuclear work so much in the past two years that the 2015 deal can no longer be rescued? Iran’s new president has delayed restarting talks while pressing ahead with nuclear work. Iran is in no hurry after President Donald Trump … Continue reading “Iranian Nuclear Deal Revival Talks Seem Futile With Scaled Up Iran Uranium Efforts”