The war with Iran is continuing with a new wave of strikes being initiated by the US this morning. Through this week, the two sides have traded strikes with Iran again striking Gulf neighbors in retaliation. The Strait of Hormuz is reclosed again, but the US and Oman seem to have momentum in gaining
The commodity complex was driven by the same story overnight, just another part of the world.A ghost in a wheat field_ Image by Masson via Shutterstock_
August WTI crude oil (CLQ26 ) on Tuesday closed up +1.20 (+1.54%), and August RBOB gasoline (RBQ26 ) closed up +0.0610 (+1.93%). Crude oil and gasoline prices added to Monday’s gains on Tuesday, with crude posting a 1-month high and gasoline posting a 1.5-month high. Crude prices are climbing as...
August Nymex natural gas (NGQ26 ) on Tuesday closed up +0.007 (+0.24%). Nat-gas prices settled slightly higher on Tuesday as they consolidated above Monday’s 2-month low. The outlook for cooler US temperatures is weighing on prices, as the cooler weather could reduce nat-gas demand from electricity
August WTI crude oil (CLQ26 ) today is up +0.81 (+1.04%), and August RBOB gasoline (RBQ26 ) is up +0.0466 (+1.47%). Crude oil and gasoline prices added to Monday’s gains today, with crude posting a 1-month high and gasoline posting a 1.5-month high. Crude prices are climbing as the truce...Oil prod
WTI Crude Oil futures rose towards the $80 level as tanker attacks accelerated as the hot war with Iran continued. Iran struck two UAE flagged tankers taking the southern route (closer to Oman).Shipping containers by SHansche via iStock
Hunterbrook attacked Bloom Energy in a report, alleging the company downplayed its reliance on Chinese supply chains for scandium oxide, a key input for its fuel cells. Shares fell as much as 12% before a rebound.Buy Sell cards by Kelly Sikkema via Unsplash
August WTI crude oil (CLQ26 ) on Monday closed up +6.73 (+9.42%), and August RBOB gasoline (RBQ26 ) closed up +0.1817 (+6.09%). Crude oil and gasoline prices surged on Monday, with crude posting a 3.5-week high and gasoline posting a 5-week high. Crude prices soared amid an escalation of US-Iran...
August Nymex natural gas (NGQ26 ) on Monday closed down -0.043 (-1.46%). Nat-gas prices tumbled to a 2-month low on Monday and settled sharply lower. Signs of stronger US nat-gas output and smaller exports are weighing on prices. Nat-gas production in the Permian Basin rose to more than 23 bcf...N
Fervo Energy's stock has a very high valuation and a significant logistical obstacle.electricity power lines by Couleur via Pixabay
Strait of Hormuz by artemegorovv via Shutterstock
Crude oil has broken below its multi-month triangle, confirming the start of a higher-degree wave C decline. While a short-term rebound is possible, rallies into the 74–80 resistance zone could offer another opportunity for the broader downtrend to resume.Crude Oil pumpjack at sunset by Zbynek Buriv
ONEOK will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.Oneok Inc_ on screen By Timon
Diamondback Energy will release its second-quarter earnings next month, and analysts anticipate a triple-digit bottom-line growth.Diamondback Energy company on stock exchange chart background By Piter2121
While the ceasefire never really began, the restart of a hot conflict should drive risk-premia considerably higher than current levels. Also, with refining margins now at sky high levels, domestic demand and exports should run hot.Offshore oil platform in ocean by Wirestock via iStock
Between the US president and US weather, the commodity complex looked set for a Manic Monday from Sunday night through early Monday morning.Commodities on laptop keyboard by Maxx-Studio via Shutterstock
FuelCell has priced a $225 million upsized public offering, leading to a sell-off.A concept image showing a lightbulb with planet earth in a mossy green background by Capt_Pic via Shutterstock
After selecting the best direction and leg configuration, one final filter remains: volatility. Discover how Smart Spreads classifies trades into high-, mid-, and low-volatility environments and why identical spreads can produce dramatically different historical results depending on when they're tra
August WTI crude oil (CLQ26 ) on Friday closed down -0.67 (-0.93%), and August RBOB gasoline (RBQ26 ) closed down -0.0541 (-1.78%). Crude oil and gasoline prices gave up an early advance on Friday and moved lower as prices whipsawed on various news headlines. Crude prices initially jumped on Friday
August Nymex natural gas (NGQ26 ) on Friday closed down -0.072 (-2.39%). Nat-gas prices added to Thursday’s losses on Friday and posted a 1.5-month low. Nat-gas prices are under pressure as US weather forecasts shifted to show cooler weather in the coming weeks, which could potentially curb demand
