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Goldman Analyzes Oil Price Volatility Which by Most Measurements Is On Sale
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 discounted...
Most U.S. Petroleum Inventories Tighten Further
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...
Gasoline Price Moving Higher, Pointing Towards Last Summer’s High
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....
Oil Markets Are Quiet; OPEC+ Dominance Under Challenge
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...
Oil Markets Move Higher, but With Caveat
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...
Oil Supplies Contract in The United States
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...
Oil Markets Caught Between Higher Supply and Global Tension
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...
Oil Prices Advance, Boosted by Inventory Losses
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...
Oil Prices Fall as Production Recovers
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...
Weather and Warfare Move Oil Prices Higher
Cold weather cuts into petroleum market activity Heating Degree Days explode in Central states Gasoline demand suffers Natural gas inventories show near-record withdrawal The Matrix Energy futures prices moved higher last week. Crude oil added $4.76 to its front-month...