Energy Futures Continue To Melt-Down
Market TalkFri, Nov 02, 2018
Brief & delayed update today due to our company’s annual meeting. Energy futures continue to melt-down after the US granted waivers on its sanctions against Iran. We’ve fallen so far so fast that we’re due for a corrective bounce sometime soon (and a Friday afternoon is often a good time to see some mean-reversion trading) but longer term the charts point to $60 for WTI which would likely mean another dime taken off of product prices.
Latest Posts
Market TalkFri, Aug 22, 2025
Storm Risks, Fed Signals, And Refinery Issues Drive Outlook Lower
Market TalkThu, Aug 21, 2025
Mixed Bag For Energy Futures Thursday
Market TalkWed, Aug 20, 2025
Diesel Futures Leading Energy Complex Higher Testing End Of Summer Trading Ranges
Market TalkWed, Aug 20, 2025
Week 33 - US DOE Inventory Recap
Market TalkTue, Aug 19, 2025
Latest Attempt At Diplomacy Unlikely To Make Major Impact On Petroleum Markets
Market TalkMon, Aug 18, 2025
Energy Markets Continue To Struggle For Direction With Mixed Action In Futures
Social Media
News & Views
View All
Market TalkFri, Aug 22, 2025
Storm Risks, Fed Signals, And Refinery Issues Drive Outlook Lower
Energy markets are limping towards the weekend with small losses for refined products and small gains...
Market TalkThu, Aug 21, 2025
Mixed Bag For Energy Futures Thursday
It’s another mixed bag for energy contracts Thursday after a strong showing Wednesday as it became pa...
Market TalkWed, Aug 20, 2025
Diesel Futures Leading Energy Complex Higher Testing End Of Summer Trading Ranges
Diesel futures are leading the energy complex higher to start Wednesday’s trading, up 3 cents/gallon ...