The Sky’s the Limit for Crude Prices Oil – Fundamental Analysis There aren’t enough superlatives to describe this week’s price action for crude oil after last weekend’s initial attack on Iran. Last Friday’s High for WTI pushed the $68/bl. level which supposedly...

“Risk On” for Oil Prices as Market Plays US/Iran Waiting Game Oil – Fundamental Analysis Oil prices were up-and-down again this week in-sync with news emerging from the ongoing US/Iran talks. When the two sides are talking, the market has taken that as a positive...

No Action in US/Iran Conflict Reduces Market Risk Premium Oil – Fundamental Analysis With little progress being made in the US/Iran talks and, with no military action by either side, traders reduced the market risk premium this week with a “wait-and-see” attitude. An...

Threats of an “armada” Heading for Iran Rally Crude Prices    Oil – Fundamental Analysis President Trump’s announcement that a US Naval “armada” is heading towards Iran fueled a rally in crude prices this week that had otherwise been range-bound on conflicting...

The Chaos in Global Oil Markets Continues Oil – Fundamental Analysis The geopolitical situations being monitored a week ago were still front-and-center this week in regard to crude markets. Trump’s threat of military intervention in Iran and his quick reversal created...

Geopolitics Dominate Oil Markets Again Oil – Fundamental Analysis A host of continuing geopolitical situations involving petroleum exporting countries this week provided both bearish and bullish sentiment in global crude markets. The geopolitical risk premium has...