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Welcome to the peak bearishness edition of Oil Markets Daily! Fundamentals do not determine when markets top or bottom, sentiment does. And this week's media headlines have been nothing but bearish for oil and the energy sector. What set off this bomb was BP's (BP) renewed outlook about ...

Introduction On a rainy day, a few weeks back, I did some ruminating on the macro factors behind the extended price distress in oil that's been in force for the last half-decade. The objective of this investigation was to look for indicators that might suggest the start of an extended upturn...

Welcome to the paint this edition of Oil Markets Daily! The highly anticipated September EIA oil figures are starting to come out, and can we just say, "WOW!" For the last 3 years, we've tirelessly obsessed over every part of the EIA report, so that we can better dissect the data. And ...

OPEC members have managed to implement massive production cuts since May, which proved to act as some support to the global oil market during a rather tough period, as demand has been under extreme pressure since the outbreak of COVID-19. The historic imbalance has been kept under control. The...

Dire warnings about oil are prompting OPEC+ producers to convene for an online meeting today, where they will review the market and discuss compliance, though further output cuts are not expected. More news on: The United States Oil ETF, LP, ProShares Trust II - ProShares Ultra Bloomberg...

"We expect the recovery in oil demand to decelerate markedly in the second half of 2020, with most of the easy gains already achieved," the IEA wrote in its closely-watched monthly report. "The path ahead is treacherous amid surging COVID-19 cases in many parts of the world" and the outloo...

Every generation has its bubble, and this time it is about options, Ed Harrison told Real Vision during today’s Daily Briefing. Harrison discussed the phenomenon of small traders buying bullish call options, a trend that was on the rise before the pandemic and is now being ampl...

Crude oil prices slid for a second consecutive week amid fears of a severe second wave of COVID-19 that clouded the short-term demand outlook. The end of the US summer high driving season, lower refining margins, lower Chinese crude oil imports and a stronger dollar have added to the down pr...

The candidates for President of the United States are out there on the campaign trail. Now that the summer has ended, and the Labor Day holiday weekend is in the rearview mirror, we are in the final stretch to the November 3 contest. The candidates will debate over the coming weeks, which is l...

Welcome to the more downside edition of Oil Markets Daily! We have received a lot of messages recently about whether or not now is the time to buy this dip. The answer is no. Not only has the E&P sector ( XOP ) broken down support at $47, but WTI, in our view, is likely to test t...