by Matt Walker | Aug 8, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Record crude stock draw mostly due to adjustment Saudi Arabia extends production cuts into September Global distillate stocks are running below average Natural gas prices remain rangebound Sincerely, Elaine Levin, President Powerhouse(202) 333-5380 The Matrix The... read more
by Matt Walker | Apr 3, 2025 | Featured, In the Press
Elaine Levin quated in OPIS new item by Tom Kloza. Many oil analysts have targeted a shaky final nine months for 2025 and longer, but Goldman Sachs in a report sent to clients Wednesday suggested that futures and options markets are largely “apathetic” and... read more
by Matt Walker | Jul 1, 2024 | Uncategorized
Powerhouse Brokers, LLC who has adopted this policy, believe in respecting the privacy and security of your personal information. Please read this Privacy Policy carefully. R.J. O’Brien & Associates, LLC, and its affiliates (collectively, “R.J.... read more
by James Dorman | Mar 25, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Total U.S. petroleum stocks fell by 6.1 million barrels Higher exports offset higher refinery run rates Technical price patterns may be shifting Natural gas prices could be pressured lower The Matrix The Energy Information Administration issued the U.S. Petroleum... read more
by James Dorman | Mar 18, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Dramatic loss of gasoline inventories Commercial inventory levels moving lower Propane alone appears to be adequately supplied Natural gas pricing showing contradictory signals The Matrix RBOB spot futures were the bullish standout for petroleum prices last week.... read more
by James Dorman | Mar 11, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Oil futures traded in a tight weekly range U.S. crude oil exports are growing Dominance of OPEC+ challenged The natural gas situation remains bearish The Matrix Futures for spot crude oil and petroleum products traced out a low-volatility range last week. Brent crude... read more
by James Dorman | Mar 4, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Crude oil futures move over $80 Price gains made on lower volume and open interest Supply of petroleum products fell Natural gas prices are plagued by too little heating demand The Matrix West Texas Intermediate (WTI) crude oil futures broke to new highs in their most... read more
by James Dorman | Feb 26, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Inventories are generally below historical averages Heating Degree Days lag significantly Middle East hostilities could expand to Lebanon Natural gas prices continue to soften The Matrix Futures prices for crude oil and principal oil products closed the week ending... read more
by James Dorman | Feb 21, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Iran seeks to cool regional tensions Crude oil supply in the U.S. grows by 12 million barrels Warm sea surface temperatures suggest an active hurricane season Natural gas inventories above average The Matrox The week ending February 16 began with storm-induced... read more
by James Dorman | Feb 12, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Petroleum product supplies fell ten million barrels Refinery challenges support Midwest prices Military aggression ratchets higher in Israel and Russia Natural gas futures break support at $2.00 The Matrix Petroleum product prices appear to have bottomed for the... read more
by James Dorman | Feb 5, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Petroleum prices fell last week Oil supply uncertain; Demand strong Economic data bullish Natural gas prices test support The Matrix Petroleum futures prices fell last week. This was consistent with a recovery in domestic crude oil production. DOE’s U.S. Petroleum... read more
