oil

WTI Crude Oil’s Seasonal Strength Meets OPEC+ Challenges

WTI Crude Oil demonstrates a compelling seasonal pattern between December and early March, historically yielding an annualised return of +39.26% over the last 25 years. The average gain of +7.85% during this period, coupled with a 72% win rate, highlights the winter season as a favourable window for oil price appreciation.

December 9, 2024
oil

Is Oil Poised To Surge?

There are mixed driver’s for oil right now. Middle East tensions mean the risk of contagion on the region could impede global oil supply. An Iranian involvement in the Gaza/Israel conflict could send oil sharply higher.

February 7, 2024
oil

Crude Oil: Is The Next Price Surge Coming?

Some seasonal trends are counter-intuitive. The price of crude oil is falling despite the start of the heating season in the fall. Would you have known?

January 24, 2024
oil

How Will The OPEC+ Meeting Impact Oil?

Oil markets have been pushed and pulled around in recent days and weeks on the worries about supply with the Israel Hamas conflict and most recently on concerns regarding the collaboration of production levels within the OPEC+ group. The latest concern is Nigeria and Angola, having to accept a new baseline that reflects their actual production capabilities.

November 24, 2023
oil opec

Oil bulls to fight bearish seasonal signal

The geopolitical crisis in the Middle East has been providing a boost for oil prices on speculative flows. The risk of a wider conflict could threaten the oil supply to the world and that has been the reason for sudden buyers to step into the oil market pushing prices higher.

October 27, 2023
oil

Will Saudi’s production cuts buck oil’s weak seasonals?

Crude oil moved higher on Tuesday this week after Saudi Arabia and Russia both opted to extend their voluntary production cuts. Saudi extended its 1 million barrels per day cut for three months to include October until year end, which…

September 6, 2023
oil

Seasonal slide for oil or is the bottom in?

At the latest OPEC+ meeting Saudi Energy Minister said OPEC+ will do "whatever is necessary" to support the oil market. Since the start of the year many analysts were optimistic about oil prices. China’s post Covid-19 recovery was ...

July 10, 2023
oil

Seasonal Weakness in Oil Companies: The Summer Slump

Oil stocks used to be an easy investment choice due to a booming world population and the globalized economy's hunger for fossil fuels. Today, the oil and gas industry is much less stable. Recent surplus of crude oil and natural gas, as well as irregular demand patterns, have made the energy sector lag behind the broader stock market.

June 20, 2023
Gas oil

Time to pour oil on troubled waters?

There are a few reasons cited for oil markets to gain over the medium term. Russia’s oil ban from the EU comes into place on February 05 and China’s recent PMI prints showed a surprise expansionary print indicating strength in China’s…

February 1, 2023
oil US

Chevron earnings shove higher?

Chevron is a US energy integrated company with exploration and refining operations across the globe. It is the second largest US largest oil producer behind ExxonMobil. Now, oil markets have been relatively subdued over recent months which has been helping with…

January 26, 2023
Chevron Earnings Energy oil