Yesterday’s stunning move has caught the short sellers by surprise. The crude oil positioning was highly short as markets were extremely bearish post banking woes in the US and also due to the glut in the market (excess crude oil was sloshing around in tankers worldwide) April 4, 2023 1:32 pmApril 4, 2023 10:16 am
US Mortgage Rates Rise To 7.04% As Housing Market Chills (WTI Crude And Gasoline Prices On The Rise Again As Biden Fails To Convince OPEC To Pump More Oil) October 11, 2022 10:22 amOctober 10, 2022 4:41 pm
OPEC To Cut Production more than a million barrels a day to raise price to $100+. October 4, 2022 8:25 am
US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels. July 27, 2022 3:02 pm
Oil prices jump after EU leaders reach an agreement late to ban 90% of Russian crude by the end of the year. May 31, 2022 4:18 pm
“Middle Class” Joe’s War On … The Middle Class (WTI Crude UP 102% Under Biden, Reg Gasoline UP 83%, Diesel Fuel UP 111%) May 11, 2022 9:05 amMay 10, 2022 9:32 pm
Blue Monday Or Stagflation? Commodities Signal Stagflation (WTI Crude DOWN 2.72%, Iron Ore DOWN 5%, S&P 500 Futures DOWN 1.7%, 10Y Treasury Yields Rise To 3.20% Then Sinks) May 9, 2022 11:56 am
Mortgage Rates UP 87% Under Biden, Gasoline UP 80%, Food UP 59%, Commodities UP 63%, WTI Crude UP, Rents UP 17% YoY (Ain’t That A Kick In The … Head!) May 9, 2022 7:16 pmMay 8, 2022 6:41 pm
Weekend Update! Crude Oil Above $100, Diesel Fuel UP 155%, Coal UP 256% Under Biden, Mortgage Rates Now Above 4.5% March 19, 2022 7:58 pm
Crude declining slowly is a relief for stocks, but if it starts to plummet markets will panic. This is how 2008 started… The Ukraine war is this era’s Lehman event? March 16, 2022 6:51 pmMarch 14, 2022 2:16 pm
Jerusalem Post: India is considering taking up a Russian offer to buy its crude oil and other commodities at discounted prices… March 14, 2022 11:16 am
