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Demand for oil rose for most of 2021 as millions of newly vaccinated drivers hit the road, confident that “normal” was just around the corner. Omicron, slowing demand, and the potential for discord in OPEC should help keep a lid on prices as we approach the late winter /...
Within the energy sector, oil companies can gain a competitive advantage by reducing their carbon footprint. The result of our investigation is that in North Africa, PV is a realistic option to supply power for oil field operations. The development of large PV power hubs in Sahara...
While I am inarguably bearish on risk-assets and believe long USD is a better bet than long commodities currently, it is not a permanent view. Rather, it is a reflection of the current valuations, macro fundamentals, central bank policies. I believe the problems which have short-c...
August Non-OPEC production declined by 480 kb/d to 48,472 kb/d. The three biggest contributors to the decrease were Kazakhstan, 251 kb/d, US, 185 kb/d and Canada 70 kb/d, for a total of 506 kb/d. Russian output dropped by 35 kb/d. On a YoY basis, Non-OPEC production increased by 1...
The Biden administration has asked the Federal Trade Commission to investigate price gouging by refiners due to high gasoline prices and refining margins. Large scale drawdowns of the SPR are unlikely as the intended purpose of the SPR is to provide emergency reserves. While suppl...
U.S. September production decreased by 380 kb/d to 10,809 kb/d. The drop is largely due to Hurricane Ida’s impact on GOM production. The GOM output dropped by 464 kb/d due to unexpected and extensive damage to platforms in the gulf. In the on-shore lower 48, September produ...
With the coordinated SPR release done, OPEC+ will have something to say about it. It is likely that OPEC+ will pause the production hike for 1-3 months. This will worsen the oil market deficit we are seeing and steepen the storage draws. We think $75/bbl WTI should hold and as...
The inevitable rise of commodities in the next decade. Investing in commodities vs. producers. Could we see $150 oil? For further details see: Beyond The Energy Crisis: The Rise Of The Next Commodities Supercycle
After two weeks of talks, nearly 200 countries struck an agreement to ramp up efforts to fight global warming, but activists say the deal falls well short of the breakthrough needed to avert eventual climate catastrophe. Supporters say Saturday's COP26 agreement in Scotland signals new determ...
In the latest World Economic Outlook Report, the IMF said "the dangerous divergence in economic prospects across countries remains a major concern". While the IMF focused on the "vaccine divide" between developed and developing nations, there are other divergences at play. For exa...
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2024-05-20 11:08:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-04-20 21:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-03-22 00:02:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...