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In retrospect, it's impressive that it lasted as long as it did. Four months after OPEC cobbled together a record production cut to offset the…
Natural gas prices near a 25-year low on Thursday morning as the summer heat has yet to materialize, and oversupplied conditions persist. August NatGas futures slid…
The $1,000 handle for Tesla may turn out to be short-lived, as investment banks Morgan Stanley and Goldman Sachs have both downgraded the equity since…
Back in late March, Goldman stunned commodity traders when its energy strategist Jeffrey Currie predicted that landlocked oil (such as WTI, and unlike Brent) could…
U.S.-China tensions have bubbled up again, and commodity markets could be caught up in the turmoil, not least LNG. Aviation activity and jet fuel are…
The April 20 historic oil price crash that sent the prompt May WTI contract plunging to the unheard of price of negative $40 per barrel…
Double whammy for Elon Musk. The embattled CEO, who has mostly been focused on his recent $700 million payday, the bizarre naming of his newborn child and an upcoming second appearance on…
After slumping much of yesterday, Brent soared on Thursday morning, after Saudi Arabia stepped in to prop up the recovery in the energy market by…
Hot on the heels of Goldman's bullish reversal on the oil sector, in which the bank's commodity strategist Damien Courvalin said on Friday that "it now…
You can't get much more of a "worse case scenario" in auto sales than watching numbers plunge an astounding 98%. But that's exactly what has…
While it may be tempting to argue that the worst is behind us for oil price given the historic collapse in WTI which crashed to…
The managers of the infamous USO ETF really do not want to be dissolve this "retail killer" which in Kyle Bass's words has "vaporized billions from unweary…
By now even the 165,727 "professional investors" who are long the USO ETF on the free, glitch-prone platform Robin Hood, are aware that the problem facing…
It was only six years ago that financial professionals thought they had stumbled into the twilight zone when central banks first ushered in negative interest…
As if oil prices needed any more help on their downward spiral towards the teens, The IMF just slashed global growth to the worst since…
Shortly after Mexico won a historic "Mexican standoff" with Saudi Arabia on Sunday afternoon, and was exempt from a historic 9.7mmb/d oil production cut by…
As oil traders look with dread and fear to tomorrow's OPEC+ teleconference one day after crude oil tumbled amid speculation that the production cut standoff…
As part of the Coronavirus CARES Act, the $2 trillion fiscal stimulus meant to resuscitate the US economy, Congress allocated $454 billion to help underwrite…
Over the past week, I have taken my bullishness on tankers from level 10 to 11. It started with the Saudis busting out of the…
If any company is bracing for the shock of falling U.S. auto sales, it's got to be Group 1 Automotive. The company owns and operates 186…