. . Market Sentiment Watch: Fed announcement day. In energyland, traders are anticipating an extraordinary SPR release or some other Presidential action/attempt to dampen oil prices. In today's post please find the oil inventory preview (expectations remain mired to small changes; API was modestly bearish), the natural gas inventory preview (as expected, consensus is calling for […]
. . Market Sentiment Watch: Focus likely turns back to the Fed. In energyland news flow is picking up as expected and the groups continue to show improved traction as the change in tone in oil continues to manifest itself a bit earlier than expected. In today's post please find the natural gas inventory preview, the oil inventory […]
. . Market Sentiment Watch: Nervous market conditions persist but light dawning on domestic oil production should be beginning to staunch significant further decline in group sentiment. Natural gas to follow same path, just a few months later. In today's post please find the natural gas inventory preview, the oil inventory review (unexpected crude draw but more […]
. . Market Sentiment Watch: The Fed came, they saw, and they did little in the way of additional guidance. Yawn. In energyland, the first draw down on Cushing stocks this year was met with the highest price of oil this year. We love it when a plan comes together and as noted in last […]
. . Market Sentiment Watch: Nervous broad market conditions persist and while they do the energy sector is seeing a bit of traction. While we are constructive on the group near and medium terms we see some of this as simply created by war in the Middle East. We have from time to time year […]
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