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This week, the Biden administration announced the release of 15 million barrels of oil from the U.S. Strategic Petroleum Reserve (SPR). The Biden administration began releasing oil from the SPR early...
Henry Hub’s front-month trades decisively below $6 vs. late August high of $10 More pain for gas longs as heating demand lower than year-ago bearish levels US utilities likely added a...
The S&P 500 finished the day lower yesterday by around 70 bps, despite being up more than 1% in the overnight trading session. The gains evaporated as the dollar surged and rates rose sharply. The...
Inflation concerns, a stubbornly hawkish Fed, a slowing China – pick your poison as Asian stock markets fell back again today even further than the weak showing on Wall Street overnight. The USD...
Blame the Little GirlYou may have noticed it’s been a bit wet about the place lately. Yesterday we learned the weather has impacted production from all of BHP Group Ltd (ASX:BHP), Beach Energy...
Reports Q3 2022 results on Friday, Oct. 21, before the open Revenue Expectation: $7.1B; EPS Expectation: $0.55 Schlumberger is on track to post its largest annual sales since pre-pandemic days Oil and...
Groupthink is a psychological phenomenon that occurs within a group of people and leads to irrational or dysfunctional decision-making Those who bought NFLX last year are still far from recovering...
Two and a half months ago, I wrote why AMD may be about to crash. I made the argument that weak guidance will overshadow strong fundamentals.Sure enough, the company's valuation has plunged since....