. . Market Sentiment Watch: Big day for economic updates. Energy eyes on the Texas (and nearby grid). As a reminder, due to the holiday we don’t get the EIA oil inventory weekly until tomorrow. It will be the last normal looking one for a little while given the combination of refiner and production curtailments. […]
. . Market Sentiment Watch: Market eyes on Georgia vote and Covid numbers and new lockdowns in Europe and Asia, Energy market has all eyes on OPEC+ as the group couldn’t quite come to a consensus yesterday. In today’s post please find: the very early read on natural gas inventories, comments and a cheat […]
. . Market Sentiment Watch: Stimulus decision is looming with talks looking more constructive but sticking points remain. Our view is they get something done before recess. Pfizer vaccine gets favorable review from FDA; market expecting near term approval. U.N. says green house gas emissions from 2019 at record, putting globe on track for 3C […]
. . Market Sentiment Watch: All eyes on stimulus with a couple of sticking points in need of resolution. In today’s post please find: the early read on oil inventories (early read calls for a crude draw and product builds; we expect to see an increase in implied gasoline demand), the very early read on […]
. . Market Sentiment Watch: All eyes on OPEC+. Sources are pointing to an incremental increase in production of 0.5 mm bopd per month beginning in January backed by Russia and UAE. Natural gas is falling on an expected mid month re-warming. Housekeeping Watch: Site improvements ~ send us your thoughts with “Site Improvements” in […]
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