JJE News and Press, iPathA Series B Bloomberg Energy Subindex Total Return ETN From 11/09/22

Summary Crude oil, the main component of gasoline, accounts for nearly 60% of the pump price of regular gasoline. Shortages at Gulf Coast refineries, outages in Europe and sanctions against Russian oil have helped push up the cost of crude. A big contributor to the surging pri...

Summary The U.S. inflation report is likely to remain the most economic piece of data for markets, for the foreseeable future. Falling inflation eventually will allow central banks to perform the much-discussed pivot, both in terms of the speed of tightening and eventual terminal ...

Summary While broad commodities have outperformed most major asset classes year-to-date,1 the pressure of rising interest rates, a strong U.S. dollar and fears of several large economies tipping into recession have led to a pullback since the summer of 2022. Since we published our...

Summary The physical market for energy continues to be tight, signally demand continues to outpace supply. Supply dynamics will likely outweigh any demand destruction and continue to push oil prices higher over the coming quarters. The mid-term elections could be the catalyst ...

Summary Today is Election Day. Since WWII, there has been a mid-term election cycle for the S&P 500 that commences in October and gains strength in November and December, so we should be just at the start of an impressive year-end rally. Above and beyond the special events awa...

Summary After rallying 9% off the October 12 bottom, the market pulled back last week but still sits 5.4% above the low point. Commodities are trouncing all other major asset classes on a YTD basis, largely due to the rise in oil, natural gas, and agricultural prices. The newe...

Summary BlackRock’s top investment leaders came together at the Outlook Forum. The upshot: the new regime is not about to change, and we need a new playbook. Stocks slid and yields rose as the Federal Reserve delivered another mega rate rise and signaled it would need to ta...

Summary A coalition of 190 countries and companies had agreed to "phase down" coal power and end support for new plants. The African location is expected to put greater focus on the question of climate financing for historically marginalized communities and emerging markets. C...

Summary U.S. August production increased by 102 kb/d to 11,975 kb/d. On a YoY basis, US production increased by 769 kb/d with the majority having come from Texas and New Mexico. Consumers are getting used to the currently higher oil product prices. A guest post by ...

Summary Over the past decade, more than 130 countries have pledged to achieve net-zero emissions by 2050. The current need-based sentiment toward reembracing carbon-based fuels doesn’t mean that the energy transition effort is doomed. We believe there are many potential...