Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Commodities

<ul>
<li>WTI fell 4.2% in the week ending 28/Aug despite U.S. sanctions on Iran, as recovering oil flows through the Strait of Hormuz eased the geopolitical premium.</li>
<li>Energy ETFs mostly fell with WTI, but clean energy held up, showing investors treated the sanctions-driven selloff as a short-term event risk.</li>
<li>Equinor marks a firm shift back to oil and gas, but its power strategy and state ownership still leave capital allocation questions unresolved.</li>
</ul>


WTI fell 4.2% in the week ending 28/Aug despite U.S. sanctions on Iran, as recovering oil flows through the Strait of Hormuz eased the geopolitical premium.
Energy ETFs mostly fell with WTI, but clean energy held up, showing investors treated the sanctions-driven selloff as a short-term event risk.
Equinor marks a firm shift back to oil and gas, but its power strategy and state ownership still leave capital allocation questions unresolved.


Energy Weekly (W/E 28/Aug): WTI Slid on Sanctions, Hormuz Reignites, Equinor Bets on Hydrocarbons

Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

<ul>
<li>A review of recent events/data impacting our investment themes and outlook</li>
<li>Warsh's "hawkishness" provides an opportunity to pick up precious metals and commodities</li>
<li>The Chinese platforms follow their Western counterparts in the raise and spend game</li>
</ul>


A review of recent events/data impacting our investment themes and outlook
Warsh's "hawkishness" provides an opportunity to pick up precious metals and commodities
The Chinese platforms follow their Western counterparts in the raise and spend game


<ul>
<li>WTI rallied 6.6% last week as U.S.-Iran tensions kept a geopolitical premium embedded, before reversing on 24/Aug as markets priced in formally announced sanctions.</li>
<li>Options positioning turned cautiously constructive as falling implied volatility unwound the risk premium, while energy ETF gains stayed concentrated in upstream names over utilities.</li>
<li>TotalEnergies posted strong Q2 cash generation on higher prices and refining margins, strengthening its balance sheet while reshaping its portfolio toward LNG, power and reduced Russia exposure.</li>
</ul>


WTI rallied 6.6% last week as U.S.-Iran tensions kept a geopolitical premium embedded, before reversing on 24/Aug as markets priced in formally announced sanctions.
Options positioning turned cautiously constructive as falling implied volatility unwound the risk premium, while energy ETF gains stayed concentrated in upstream names over utilities.
TotalEnergies posted strong Q2 cash generation on higher prices and refining margins, strengthening its balance sheet while reshaping its portfolio toward LNG, power and reduced Russia exposure.


Energy Weekly (W/E 21/Aug): WTI Rallies on Hormuz, Skew Eases, TotalEnergies Builds Cash

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

VanEck Oil Services ETF / Technical Analysis

<ul>
<li>We remain bullish (as of our 4/21/26 Compass) on the S&amp;P 500 (SPX), Nasdaq 100 (QQQ), and Russell 2000 (IWM).</li>
<li>As long as last Wednesday's (Aug. 12) bullish gaps remain unfilled and hold as support on semiconductors (SOXX, SMH), generative A.I. (CHAT), memory(DRAM), neoclouds(NCLD), and momentum(MTUM), bulls are in control</li>
<li>Specifically, we are bullish as long as price is above last Tuesday's highs on the aforementioned ETFs. On SPX, we will remain bullish as long as support at 7580-7629 holds.</li>
</ul>


We remain bullish (as of our 4/21/26 Compass) on the S&amp;P 500 (SPX), Nasdaq 100 (QQQ), and Russell 2000 (IWM).
As long as last Wednesday's (Aug. 12) bullish gaps remain unfilled and hold as support on semiconductors (SOXX, SMH), generative A.I. (CHAT), memory(DRAM), neoclouds(NCLD), and momentum(MTUM), bulls are in control
Specifically, we are bullish as long as price is above last Tuesday's highs on the aforementioned ETFs. On SPX, we will remain bullish as long as support at 7580-7629 holds.


Energy Improving; Levels to Watch on A.I. And Technology $SOXX $CHAT $DRAM $MTUM

<ul>
<li>WTI swung daily as shifting U.S.-Iran signals repeatedly changed the risk premium, while a record inventory build briefly pressured prices before renewed sanctions fears.</li>
<li>WTI options volatility fell while managed money added longs and cut shorts, pointing to improving bullish conviction despite continued demand for downside protection.</li>
<li>Energy ETFs attracted broad inflows, while VLO offered the cleanest exposure to a distillate-led refining rally despite a sharp valuation re-rating.</li>
</ul>


WTI swung daily as shifting U.S.-Iran signals repeatedly changed the risk premium, while a record inventory build briefly pressured prices before renewed sanctions fears.
WTI options volatility fell while managed money added longs and cut shorts, pointing to improving bullish conviction despite continued demand for downside protection.
Energy ETFs attracted broad inflows, while VLO offered the cleanest exposure to a distillate-led refining rally despite a sharp valuation re-rating.


Energy Weekly (W/E 14/Aug): Hormuz Drives Oil Volatility, Positioning Improves, Valero Extends Rally

United States

SPDR S&P Oil & Gas Exploration & Production ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the S&P Oil & Gas Exploration & Production Select Industry Index, an equal-weighted index.

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SPDR S&P Oil & Gas Exploration (XOP US)

Energy Weekly (W/E 28/Aug): WTI Slid on Sanctions, Hormuz Reignites, Equinor Bets on Hydrocarbons

WTI reversed a slide from last week as Hormuz tensions resurfaced over the weekend, energy equities diverged, and Equinor doubled down on oil and...

Mint Finance

Overview #75 – King Canute

A review of recent events/data impacting our investment themes and outlook. We look at Warsh's "hawkish" speecha nd why it changes nothing

Rikki Malik

Energy Weekly (W/E 21/Aug): WTI Rallies on Hormuz, Skew Eases, TotalEnergies Builds Cash

WTI's Hormuz-driven rally is losing urgency as options markets unwind their risk premium, even as TotalEnergies shows how majors are turning strong...

Mint Finance

Energy Improving; Levels to Watch on A.I. And Technology $SOXX $CHAT $DRAM $MTUM

Energy $XLE $OIH $IEO Improving; Levels to Watch in A.I. and Technology Areas $CHAT $SOXX $MTUM $DRAM. Still bullish $SPX, but some reason for...

Vermilion Research

Energy Weekly (W/E 14/Aug): Hormuz Drives Oil Volatility, Positioning Improves, Valero Extends Rally

WTI remains caught between a volatile geopolitical premium and improving speculative positioning, while strong distillate margins keep Valero’s...

Mint Finance

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