Independent Energy Equities & Commodities Research, WHB Energy Research LLC

William H Brown III

WHB Energy Research LLC is an independent energy industry equity and commodity boutique providing analysis and trading/investment recommendations to hedge funds, mutual funds, oil and gas producing companies, energy consuming companies and high net worth individuals. WHB Energy Research LLC fills a major void by providing top level fundamental and qualitative research complemented by state of the art quantitative modeling. WHB Energy Research LLC also engages in physical oil trading activity as an agent/intermediary and also provides expert witness consultation and testimony. From 2003-2005 Mr. Brown established and managed an energy hedge fund for a single investor/client. Specialties: Economic and financial analysis and forecasting of the NYMEX, ICE, and international physical petroleum markets and energy equities in the integrated, independent producer, refining, drilling, service, and transportation sectors.

Independent Energy Equities & Commodities Research

Independent energy equity and commodity boutique

WHB Energy Research LLC

WHB Energy Research LLC is an independent energy industry equity and commodity boutique
providing analysis and trading/investment recommendations to hedge funds, mutual funds, oil
and gas producing companies, energy consuming companies and high net worth individuals.
WHB Energy Research LLC fills a major void by providing top level fundamental and
qualitative research complemented by state of the art quantitative modeling. WHB Energy
Research LLC also engages in physical oil trading activity as an agent/intermediary and also
provides expert witness consultation and testimony. From 2003-2005 Mr. Brown established and
managed an energy hedge fund for a single investor/client. Specialties: Economic and financial
analysis and forecasting of the NYMEX, ICE, and international physical petroleum markets and
energy equities in the integrated, independent producer, refining, drilling, service, and
transportation sectors.

Commodities

<ul>
<li>In the market battle between geopolitical risk and fundamentals, thus far geopolitical risk is obviously winning, with the prompt NYMEX crude oil contract trading well above $100 per barrel.                </li>
<li>However, given the latest weekly EIA data, we must now monitor underlying fundamentals more closely than ever for signs that fundamentals may begin to overtake supply risk.                                  </li>
<li>At the same time, we keep a close eye on the Houthi-Saudi conflict, since any major strike on Saudi energy assets will elicit a response from Pakistan and Turkey.        </li>
</ul>


In the market battle between geopolitical risk and fundamentals, thus far geopolitical risk is obviously winning, with the prompt NYMEX crude oil contract trading well above $100 per barrel.                
However, given the latest weekly EIA data, we must now monitor underlying fundamentals more closely than ever for signs that fundamentals may begin to overtake supply risk.                                  
At the same time, we keep a close eye on the Houthi-Saudi conflict, since any major strike on Saudi energy assets will elicit a response from Pakistan and Turkey.        


Morning Market Notes: Military Strikes Rule for Now, But Waning Demand To Rule Down the Road

Crude Oil

Morning Market Notes: Military Strikes Rule for Now, But Waning Demand To Rule Down the Road