Gold Best Week Since Aug as Stocks Crash! Silver $52, Payrolls Next | Metals Minute Phil Streible
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 782)Stacked silver bars by Tookapic via Pixabay
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 782)Stacked silver bars by Tookapic via Pixabay
Clean Energy Fuels: Q3 Earnings Snapshot
December WTI crude oil (CLZ26 ) closed up +2.40 (+2.72%) on Thursday, and December RBOB gasoline (RBZ26 ) closed up +0.0348 (+1.28%). Crude oil and gasoline prices recovered from overnight losses on Thursday and settled sharply higher today as short covering emerged after fresh attacks by Ukraine on
December Nymex natural gas (NGZ26 ) closed down -0.012 (-0.41%) on Thursday. Dec nat-gas prices settled lower on Thursday after weekly storage rose more than average. The EIA reported that nat-gas inventories rose +77 bcf in the week ended October 30, well above the five-year average for the week o
Skip York breaks down the state of play PRE-election – critical fundamental guidance on oil, gas, and product markets no investor should go without.Natural gas burnoff refinery by Leonid Eremeychuk via iStock
December WTI crude oil (CLZ26 ) is up +1.98 (+2.25%) today, and December RBOB gasoline (RBZ26 ) is up +0.0181 (+0.66%). Crude oil and gasoline prices recovered from overnight losses and are moving higher today as short covering emerged after fresh attacks by Ukraine on Russian oil refiners, which co
Goldman Sachs has issued a $140 case for Brent crude2 pumpjacks at sunset by vadimrysev via iStock
December WTI fell 8.3% Wednesday and is testing the top of the early-October base near $88.90. December nat gas bounced off its $2.84 contract low and faces the EIA storage report this morning, with a 78 bcf build expected. Key levels and bias for both markets are inside.Floating oil rig in ocean by
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 781)Silver nuggets and ingot by Mike Maniatis via Shutterstock
December WTI crude oil (CLZ26 ) closed down -7.97 (-8.29%) on Wednesday, and December RBOB gasoline (RBZ26 ) closed down -0.2069 (-7.05%). Crude oil and gasoline prices plummeted on Wednesday, with Dec WTI crude oil falling to a 4-week low and gasoline dropping to a 7.75-month low. Crude prices ope
December Nymex natural gas (NGZ26 ) closed up +0.064 (+2.21%) on Wednesday. Dec nat-gas prices settled higher on Wednesday as forecasts for cooler US autumn temperatures could potentially boost heating demand for nat-gas. The Commodity Weather Group said Wednesday that forecasts shifted cooler acro
Wednesday’s midterm sweep delivers a decisive relief trade: 4 simultaneous all-time highs in XLF, XLP, XLV, and VTV as domestic cyclicals ripped, while crude collapsed 9% and VXX cratered 9% as the Iran war risk premium liquidated overnight. The vol surface tells the nuanced story; IV Rank at 19.9%
When I hear seemingly everyone on Wall Street picking the same market segments to buy, I immediately get skeptical.Stacked oil barrels by JONGHO SHIN via iStock
Cheniere Energy (LNG) demonstrates strong price momentum, hitting an all-time high in October. Shares are up more than 40% over the past 52 weeks. LNG maintains a 100% technical “Buy” rating from Barchart. Wall Street sentiment is optimistic, with most analysts rating LNG a “Strong Buy.” Today’s Fe
December WTI crude oil (CLZ26 ) is down -3.99 (-4.15%) today, and December RBOB gasoline (RBZ26 ) is down -0.1023 (-3.48%). Crude oil and gasoline prices are sharply lower today, with Dec WTI crude oil falling to a 3-week low and gasoline dropping to a 3-month low. Comments today from...2 pumpjacks
Crude is sliding again, with December WTI back under its 20 day at $97.45 as physical supply loosens. December nat gas hit a new contract low at $2.84 before recovering to flat, with positioning still at a record short. Key levels and bias for both markets are inside.The index of oil up by Pashalgna
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 780)Silver dollar floating by Matthew Heinrichs via Pixabay
December WTI crude oil (CLZ26 ) closed down -0.37 (-0.38%) on Tuesday, and December RBOB gasoline (RBZ26 ) closed up +0.0354 (+1.22%). Crude oil and gasoline prices settled mixed on Tuesday, with Dec WTI crude oil falling to a 2-week low. Crude prices gave up an overnight advance and turned...Satell
December Nymex natural gas (NGZ26 ) closed up +0.039 (+1.37%) on Tuesday. Dec nat-gas prices edged higher on Tuesday as US producers reduced output in response to low prices, potentially limiting the buildup of storage ahead of the winter heating season, a sign of strong nat-gas demand. According t
TotalEnergies (TTE) is a top global integrated oil and gas company with strong technical and fundamental momentum. Shares are trading at a new all-time high and maintain a 100% “Buy” technical opinion. TTE is up more than 50% over the past year. I recommend a disciplined stop-loss approach, as conti