“How a Super El Niño Could Reshape Commodity Markets”
To put it simply: This “Godzilla El Niño” sends us all into unknown territoryA photo of Jim Roemer courtesy of Best Weather, Inc
Crude Oil Prices Rise as Middle East Hostilities Persist
October WTI crude oil (CLV26 ) closed up +0.23 (+0.26%) on Friday, and October RBOB gasoline (RBV26 ) closed up +0.0377 (+1.25%). Crude oil and gasoline prices settled higher on Friday, with gasoline posting a 3.5-week high. Crude prices were supported on Friday by threats from President Trump to c
Hot US Weather Forecasts Push Nat-Gas Prices Higher
September Nymex natural gas (NGU26 ) on Friday closed up +0.040 (+1.46%). Nat-gas prices settled higher on Friday as forecasts for hotter US weather could potentially boost nat-gas demand from electricity providers to power increased air conditioning use. The Commodity Weather Group said on Friday
Crude Oil Prices Consolidate Below Thursday’s 1-Month High
October WTI crude oil (CLV26 ) is down -0.14 (-0.16%) today, and October RBOB gasoline (RBV26 ) is up +0.0540 (+1.79%). Crude oil and gasoline prices are mixed today, with gasoline climbing to a 3.5-week high. Crude prices are under mild pressure today as they consolidate below Thursday’s 1-month h
A Major Short Squeeze Could Be Brewing in Oklo Stock
Bearish bets are piling up against OKLO stock. Yet if nuclear momentum returns, it could pressure short sellers and spark a powerful move higher.Nuclear Power Plant by Montypeter via Shuttershock
Crude Targets 83.17 Breakout as Bullish Momentum Builds
Bulls remain in control this morning as geopolitical pressure combines with near-record refining margins and run rates to keep oil bid. Yesterday's high of 83.17 held overnight, and old resistance at 82.06 flipped into support, setting up futures to test a breakout above 83.17 into the US open. Dan'
Pinnacle West Capital Stock: Analyst Estimates & Ratings
Pinnacle West Capital has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.Pinnacle West Capital Logo on Phone Screen, Company Icon By Postmodern Studio
Crude Oil Prices Rally as President Trump Escalates Pressure on Iran
September WTI crude oil (CLU26) closed up +2.00 (+2.33%) on Thursday, and September RBOB gasoline (RBU26) closed up +0.0078 (+0.24%). Crude oil and gasoline prices settled higher on Thursday, with crude oil climbing to a 1-month high. Crude prices rose after President Trump threatened to crush Iran’
Nat-Gas Prices Drop on a Cooler US Weather Outlook
September Nymex natural gas (NGU26 ) on Thursday closed down -0.081 (-2.88%). Nat-gas prices fell sharply on Thursday amid forecasts for cooler US temperatures, potentially reducing nat-gas demand from electricity providers to power air conditioning. The Commodity Weather Group said on Thursday tha
MoneyMasters Podcast: Canadian Commodity Plays or American AI Stocks?
Canadian stocks are outperforming US equities — but can that momentum continue? Ryan Irvine of Keystone Financial and Philip MacKellar of Contra the Heard break down where they’re finding value.Oil pipeline in winter by Robson Machado via Pixabay
Crude Oil Prices Jump as Hopes Dim of Reopening the Strait of Hormuz
September WTI crude oil (CLU26) is up +2.03 (+2.37%) today, and September RBOB gasoline (RBU26) is up +0.0008 (+0.02%). Crude oil and gasoline prices are moving higher today, with crude oil climbing to a 1-month high. Crude prices are rising after President Trump threatened to crush Iran’s economy,
Oil Extends Gains as China Tankers Reverse Course in Hormuz
December crude posted a bearish outside day yesterday after the Treasury surprised markets with an accelerated debt buyback plan, shifting borrowing toward the short end of the curve and sparking a sharp reversal in long-term rates. But geopolitics are back in front this morning. The UAE has cut off
Bridgewater Significantly Boosted Its Stake in SHEL Stock in Q2. How Investors Should View the Move.
Bridgewater Associates increased its Shell stake by roughly 390% in the second quarter, raising its holding to 1.53 million shares amid strong cash flow and a strategic shift toward LNG and gas assets.The index of oil up by Pashalgnatov via istock
Heightened Middle East Tensions Boost Crude Oil Prices
September WTI crude oil (CLU26) closed up +0.89 (+1.05%) on Wednesday, and September RBOB gasoline (RBU26) closed down -0.0466 (-1.41%). Crude oil and gasoline prices settled mixed on Wednesday, with crude oil posting a 4-week high. Wednesday’s sharp decline in the dollar index ($DXY ) to a 2.5-mon
Nat-Gas Prices Rally on Hot US Weather Forecasts
September Nymex natural gas (NGU26 ) on Wednesday closed up +0.038 (+1.37%). Nat-gas prices rallied to a 4-week high on Wednesday and settled higher. The shift in US weather forecasts to show intensely hot temperatures covering the US South and West through the end of this month propelled nat-gas p
Billionaire Peter Thiel Bought a 1% Stake in Vista Energy. What This Means for VIST Stock.
Billionaire Peter Thiel disclosed a roughly 1% stake in Vista Energy, spending about $76 million to acquire 1.2 million American depositary shares through Thiel Macro LLC.A shot of Peter Thiel speaking at a podium by mark reinstein via Shutterstock
Crude Prices Supported by Dollar Weakness and Middle East Tensions
September WTI crude oil (CLU26) is up +1.42 (+1.67%) on Tuesday, and September RBOB gasoline (RBU26) is down -0.0122 (-0.37%). Crude oil and gasoline prices are mixed today, with crude oil posting a 3-week high. Today’s sharp decline in the dollar index ($DXY ) to a 2.5-month low is bullish...Satel
Crude Watches 81.00 Support as Canada Trade Deadline Looms
Crude closed nearly flat yesterday after giving back most of an early rally that had pushed futures up over a dollar from Monday's settlement. Buying pressure faded after the first hour of the US session, and sellers pushed price back down to the key 81.00 level, which held firm. Macro flows are run
What Will Watson Do Wednesday?
Another Watson Wednesday for the Commodity Complex with world War drums growing louder in the distance.Commodities on laptop keyboard by Maxx-Studio via Shutterstock
Crude Prices Gain on Reduced Middle Eastern Oil Supplies
September WTI crude oil (CLU26) closed up +0.44 (+0.52%) on Tuesday, and September RBOB gasoline (RBU26) closed up +0.0316 (+0.97%). Crude oil and gasoline prices extended Monday’s sharp rally on Tuesday and posted 3-week highs as the US and Iran remain deadlocked over control of the Strait of Hormu