. . Market Sentiment Watch: All eyes on end of quarter issues and credit default swaps. In today's post please find the natural gas storage review (smaller than expected injection keeps us on track for our month's old peak storage projection but it will be interesting to see near term, when temperatures retreat, how much generation […]
. . Market Sentiment Watch: In energyland, shares were energized by OPEC's move to agree to freeze production at the November meeting at levels 0.2 to 0.7 mm bopd below current group production. In today's post please find comments on oil inventories (bigger crude drawn on imports drop and persistently high refiner throughput, unexpected gasoline build […]
. . Market Sentiment Watch: In energyland, stocks fell yesterday after OPEC failed to announce anything meaningful in Algiers (as was widely expected). News flow remains fairly low other than occasional mega deal which seems to happen on an almost biweekly basis of late. Saudi Arabia did suggest their exists a path to a potential agreement at the […]
. . Market Sentiment Watch: In energy land, oil is trading slightly lower as hopes that OPEC members and large Non OPEC players meeting in Algeria might come to some sort of price stabilizing agreement begin to fade (further). The group remains in the sideways trade. In today's post please find the early read on oil inventories, comments on […]
. . Market Sentiment Watch: We are in the sideways trade for the energy groups. In energyland almost all eyes are focused on the outcome of the sidelines meeting between OPEC and Non OPEC key players in Algiers today and tomorrow. News flow is at a stand still but should pick up again in the […]
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