Oil Trends In my opinion, oil prices remain volatile due to persistent geopolitical tensions in the Middle East, which are impacting supply stability. OPEC+ production adjustments, particularly recent output cuts, continue to tighten global supplies. Demand recovery in key markets like China and India, alongside heightened seasonal energy requirements, is likely to keep upward pressure on prices. However, concerns about …
Energy Plan 2025
The crude oil and natural gas are two markets that have underperformed of late in our opinion and remain tethered to the $67.00-$70.00 per barrel threshold in crude while Summer 2025 natural gas can’t escape much above the 3.00-3.20 level. I’m attaching 4 trades for consideration into 2025, 2 conservative and 2 aggressive for Natural Gas and Crude. It is …
Crude CLV24
The Oct WTI trading session had a high of 77.48 and a low of 75.4 and closed at 75.53, cash price is at 77.45, while open interest came in at 328,534. Lowering on the day by 1.89 (2.44%). CLV briefly traded above its 50 day moving average (77.4) before trading back below, CLV closed above its 20 day (74.99) and …