Crude Oil Price Talking PointsThe price of oil halts a three-day selloff despite a larger-than-expected rise in US inventories, and crude may continue to hold above the 50-Day SMA ($87.58) as a bull-flag...
Crude Oil Price Talking PointsThe price of oil extends the rebound from the monthly low ($76.25) following an unexpected decline in US inventories, and crude may stage a larger recovery over the coming...
I'm trying to understand concepts of contango and backwardation and looking at natural gas in particular.Below is the latest graph I could find:https://www.naturalgasintel.com/wp-content/uploads/2022/04/Market-Image.pngIn the weeks since, the near months are relatively unchanged with...
Merchants on the ground of the NYSE, Jan. 26, 2022.Supply: NYSEThe heavy new spherical of sanctions on Russia by the U.S. and its allies are more likely to push oil costs — and...