Energy OverView March 15, 2016

Iran’s oil production has tripled from January and its exports are ramping up. The freeze deal appears to have fallen apart, along with the recent rally.

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Energy OverView March 14, 2016

Iran says “leave us alone” regarding oil output ceiling, until they get back to pre-sanctions production levels. Market says “sell” in response.

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Energy OverView March 11, 2016

Oil futures set to finish week in strong fashion, as market bulls bet on OPEC/NOPEC production restraint and strong gasoline demand. Natural gas prices stake double-digit rally, not to be left out.

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Energy OverView March 10, 2016

Market ignores large crude oil build and instead rallies on strong gasoline demand, spurred by low pump prices and high levels of employment in the U.S.

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Energy OverView March 9, 2016

Weekly inventory report set to show another large increase in crude oil inventories, and production data will be closely scrutinized.

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Energy OverView March 8, 2016

Oil prices remain focused on the freeze deal, and whether or not Iran will agree to cap its output.

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Energy OverView March 7, 2016

WTI oil prices broke out of the recent range on Friday, soaring above $36. Prices caught a lift off of the strong employment report and further comments from OPEC officialdom about a possible meeting later this month. Although, over the weekend, the Saudis reiterated their opposition to a production cut, and further gains in production were announced by Iran.… Read more