by James Dorman | Jan 8, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Employment data supportive Large petroleum supply builds are bearish Distillate fuel oil stocks improving; still below average Cold weather outlook overrides natural gas storage situation The Matrix Oil markets felt pressure from several factors last week. Economic... read more
by James Dorman | Jan 3, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Houthis threaten Red Sea shipping Panama Canal transit affected by El Nino drought Weather models open the potential for colder weather in the Eastern United States The Matrix Ocean shipping carries the vast majority of global crude oil movement. This is generally not... read more
by James Dorman | Dec 26, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
International producer alignments shifting U.S. steps up response to Red Sea Houthi attacks Domestic supply situation eases Natural gas price outlook remains bearish The Matrix International news did not move petroleum prices significantly last week. Angola has now... read more
by James Dorman | Dec 18, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Oil prices move higher Demand estimates for 2024 raised Distillate fuel oil situation eases Natural gas upside faces uphill battle The Matrix An improved economic outlook and projections of expanded world oil consumption gave petroleum futures markets their first... read more
by James Dorman | Dec 11, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Production of crude oil over 13 million barrels daily Petroleum exports take eleven million barrels from U.S. stocks Distillate fuel oil stocks under pressure Natural gas supply exceeds long-term averages The Matrix Oil prices fell for the tenth week since September... read more
