Top

Tag Archives | Natural Gas

OilRig-595

More Down as Supply Builds Return and Demand is Suspect

CRUDE OIL MARKET FUNDAMENTALS: With a breakdown below the March low overnight and a residually large spec and fund positioning, it isn’t surprising to see May crude oil range down sharply again. It is likely that significant declines in US equities evoked a portion of the current selling wave in a number of industrial commodities […]

Continue Reading
NatrualGasBurner-595

A Mostly Positive Tone Today Off Saudi Dialogue

CRUDE OIL MARKET FUNDAMENTALS: Crude oil may have increasing optimism of lower global output on the horizon, but it continues to have to deal with a US domestic supply glut. However, the market overnight has discounted news of higher Saudi oil output for the month perhaps because of developing weakness in the Dollar and renewed […]

Continue Reading
NatrualGasBurner-595

We Leave the Edge With the Energy Bears Today

December crude oil prices did manage to spend some time in positive ground yesterday but it was unable to hold those gains into the close and there has been fresh damage on the charts again this morning. With the market fearful that Iraq will leave their production levels intact, Iraqi exports showing monthly gains, a […]

Continue Reading
OilRig-595

We think energies are Overbought Into the Overnight Highs

CRUDE OIL MARKET FUNDAMENTALS: The prospect of a producer production cutback agreement ebbed and flowed on Wednesday, but the debate clearly shifted to deal late Wednesday afternoon. Apparently the Algiers meeting yielded some positive price results but seeing the details of a plan delayed until November has left the market flat footed after the double […]

Continue Reading
NatrualGasBurner-595

Supportive Macroeconomic Tone, but Burdensome US Supply Situation a Headwind Ahead of Weekly EIA Stats

CRUDE OIL MARKET FUNDAMENTALS: April WTI Crude Oil prices grinded lower during the overnight and initial morning hours, weighed down by private industry data last night showing a much larger than forecast build in US crude oil supplies. Meanwhile, downside is being limited by a supportive outside market tone, with gains in Asian and European […]

Continue Reading
OilRig-595

ENERGY: Crude oil complex trying to stabilize recent rout, looking for assist from outside markets.

CRUDE OIL MARKET FUNDAMENTALS: February WTI crude oil prices edged marginally higher during the initial morning hours, with $31.00 in focus. A level of stability in China overnight, with another higher Yuan fix, PBOC liquidity injection and a nearly 2% gain in the Shanghai Composite. Contributing support was terror attacks in Indonesia. Meanwhile, growing prospects […]

Continue Reading
OilRig-595

Energy – WTI in Lower Portion of 3-Week Range, Searching for Fundamentals to Turn Higher

CRUDE OIL MARKET FUNDAMENTALS: November crude oil prices pushed higher during the initial morning hours, lifted by a rebound in US equity markets and modest weakness in the US dollar. Also lending support to WTI Crude Oil are prospects that tomorrow’s EIA inventory report could come with a drawdown in US inventories of around 300,000 […]

Continue Reading
OilRig-595

Energy – Marginally higher off lift in outside market sentiment, unexpected gasoline supply build a headwind.

CRUDE OIL FUNDAMENTALS: July WTI crude oil prices trended higher during the initial morning hours and reclaimed the $60.00 level in the process. The market sees more upside follow through following yesterday’s late day recovery in the wake of a dovish Fed meeting outcome, an improvement in outside market sentiment and a setback in the […]

Continue Reading
OilRig-595

Energy Market Commentary – 2014.08.01

Below is a sample of The Hightower Report’s Daily Commentary. To get this comment, and our daily coverage of 15 additional markets and trade ideas, visit for your free trial! CRUDE OIL MARKET FUNDAMENTALS: September Crude Oil prices saw a gap lower open Thursday evening and have pushed down to their 200 day moving average […]

Continue Reading

The Hightower Report
141 W. Jackson
Suite 4002
Chicago, IL 60604
Phone: 312-786-4450 | 800-662-9346
Fax: 312-786-4451