JJE News and Press, iPathA Series B Bloomberg Energy Subindex Total Return ETN From 07/06/22

As many countries look to replace Russian energy, the abundance of resources in the US has taken on new importance – for both the US and its allies. The growth in US energy production over the last 10+ years has facilitated a downward trend in imports and a rise in exports, mak...

We are in an interesting junction in the MELA system as the interplay between the fall in the stock market and the economy may be reaching a make or break point. Oil and gasoline prices usually trade in different directions from transportation stocks. But what does it mean when they b...

Recession fears and an accelerated Federal Reserve interest rate hiking trajectory weighed on markets during the second quarter, resulting in the weakest first half performance since 1970. The short end of the yield curve increased dramatically during Q2, with policy interest rates st...

Commodities prices have spiked as demand from the restart clashed with tightening supply. We see the war and net-zero transition keeping prices high. U.S. and euro area inflation data last week showed still-persistent inflation. Stocks and bond yields fell as markets priced more risk ...

What is a "Ponzi"? What just happened? A contrarian view of the first half of 2022. It’s the 1970s all over again, or is it? A view from someone who lived every day of it as an investment professional. Investors continue to stare into the rear-view mirror. "Recency ...

Over the past five years, total supply has fallen from 119 units in early 2017 to 95 in June 2022. Marketed supply fell from 96 units to 80 at present. So far, contractors have been restrained in reactivating cold-stacked drillships, leading to an increase in contracted utilisation as...

Once the COVID distortions are over the economy will return to its previous state of roughly 2% growth and 2% inflation. Real sales of durable goods surged throughout COVID but accelerated rapidly with stimulus payments; sales peaked right as Biden’s American Rescue Act was imp...

Oil equities have fallen sharply because of recession fears; spot oil prices remain very high, but the market likely expects demand and prices to crash soon too. The last recession indeed destroyed significant demand, but it was unique; most recessions have had a more modest impact an...

The EIA has reported that their site experienced technical problems last week and that they have not been able to update their weekly and monthly data. Since we do not know when they will publish the April U.S. oil production report, this short different post will fill the gap. Fr...

Why an economic downturn may not weigh on oil prices for long. Oil has a long-term inventory issue, and only falling demand will help bring down prices. Why oil prices could climb to $130 a barrel or higher in coming quarters. Oil prices have remained at higher l...