JJE News and Press, iPathA Series B Bloomberg Energy Subindex Total Return ETN From 04/03/23

2023-04-03 02:16:32 ET Summary Saudi Arabia led a 1.16M barrels per day cut in OPEC+'s production, propelling the recent recovery in oil prices further. Russia's extension of its supply cut from July could intensify the bull case further, coupled with China's economic recovery in ...

2023-04-02 19:32:10 ET Summary OPEC+ shocked markets by announcing a surprise cut of nearly 1.2 million barrels per day. The motive? Profit. While paying lip service to recession risk, the move is designed to restrict the supply of oil before the busy summer travel season. Thi...

2023-04-01 09:02:00 ET Summary For April, I am reducing my March forecast for West Texas Intermediate oil by $5 to range between $65 to $85 per barrel. The negative gamma effect of financial institutions having sold protective puts on WTI oil prices to various producers. Becau...

2023-04-01 08:25:00 ET Summary Factors are the primary market drivers of asset-class returns. The year 2022 was a memorable one for investors, but for not altogether positive reasons. One bright spot, however, was the relative outperformance of equity risk factors versus other pop...

2023-04-01 03:58:00 ET Summary The energy markets look to have taken a bullish turn over the past couple of weeks. Until we see inventory levels move below their seasonal averages, the supply and demand dynamics are probably bearish to neutral at best for now, but, positive signs ...

2023-03-28 12:56:00 ET Summary In this article, I will attempt to present a broad guide for each major asset class - stocks, bonds, commodities and precious metals - and how investors should be looking to allocate to each over the next six to 12 months. Pension funds and instituti...

2023-03-28 02:35:00 ET Summary The EIA updated the Short-Term Energy Outlook (STEO) in March and also released the 2023 version of the Annual Energy Outlook in March. The quarterly peak in World C+C output was 84.36 Mb/d in 2018Q4, which was 1.2 Mb/d higher than the next highest q...

2023-03-28 01:35:00 ET Summary What a less hawkish Fed means for commodities. Why oil and gold could be moving in different directions. Can gold climb above $2,000 and stay there? Concerns about economic stability have been pushing the price of gold higher. But those...

2023-03-24 16:44:00 ET Summary Supply/demand outlook combined with relatively high yields are creating attractive opportunities for natural resource investors, but potential risks stemming from Russia still need to be watched. We really have to consider whether West is going into ...

2023-03-23 17:57:42 ET Summary Global oil inventories are finally starting to turn the corner as we approach Q2. US oil demand is better than meets the eye due to the low heating demand component. Gasoline and jet fuel are on pace to be above 2022 by summer. We see Q2 bala...