US Crude Oil Output at Risk as Rig Count Plummets
US oil rig count continues to plummet, touching its lowest level in 2024. The current oil rig count is the lowest since January 2022, while the...
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Fund Managers Reduce Commodities Again
Fund managers recently reduced their broad commodity position as well as energy position, compared to last month, according to the latest BofA survey.
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[ETP 25/2024] Energy Majors Bounce Back; Their Expansion Spree Continues
Oil prices rise on seasonal demand growth and Middle East conflicts. Henry Hub slides on the forecast of cooler temperatures next week. Energy...
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Be Careful Precious Metals Bulls & Tailrisk Secular Inflation
Be Careful Precious Metals Bulls Another friendly reminder that positioning in copper remains super speculative bullish - aka, there is much room...
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Nat Gas Prices to Fire Up on Rising Demand, Weak Production, and Shaky Geopolitics
OPEC stocks to demand growth forecast, EIA goes bullish but IEA lowers projections. Aviation and petchem drive near-term oil demand. US crude...
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