Can You Feel The Tension?

Nobody strike a match.

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All’s Well That Ends In An Epic Mideast Death Match.

Tension is running high on Monday…

Going To The Mattresses.

“How bad do you think it’s gonna be?”

‘Reckless And Outrageous’

“You will ride eternal”, reckless, gold leaf, and outrageous…

Close Your Eyes And Buy.

Don’t worry about the orange man.

Circus.

Come one, come all.

Just Make Sure You’re Hedged.

You’d probably be wise to do the same.

Brent Jumps As OPEC Said To Mull Extending Cuts On ‘Worst-Case Scenario’

Oil is on the move as OPEC chatter is making the rounds. According to the ubiquitous “people familiar with the matter,” the cartel is now debating whether to extend production cuts past the end-March expiration date. The move could “potentially bring the curbs well into the second half of 2018,” Bloomberg says, citing unnamed officials.…

Oil Surges Above $50 On Heavy Volume As Market Digests OPEC Report

Hooray!

Mohamed El-Erian Explains OPEC’s Nuclear Option

“This brief survey of the most likely types of supply approaches available to OPEC speaks to a larger notion of game theory. Having experienced a gradual and persistent erosion in its dominance of the oil market, OPEC members are being pushed to play a larger cooperative game that involves ever broader coalitions to secure an orderly influence on oil prices.”

‘Not A Great Report For Bulls!’ Just Another Schizophrenic Day In Crude

Well, crude has had an interesting 24 hours. You’ll recall that oil took a tumble on Tuesday after a Bloomberg survey showed production from OPEC members increased 210,000 barrels per day in July. “The $50-level for WTI is a psychological level. People are really beginning to realize that the market probably needs a steady beat of bullish…

Oil Has Best Week In 7 Months As HY Energy Issuance Flatlines. Beeeeeeeep…

I need to know (immediately, if possible), if you are excited about crude. Because some folks certainly are. Indeed, WTI and Brent are headed for their best weekly gains in 7 months on the back of bullish supply data, promises from the Saudis re: export caps, jitters about Venezuelan disruptions, and the first signs that the temerity of…

‘They’re Playing With Fire!’: There’s No Geopolitical Risk Priced Into Oil

“Investors should not interpret this as a sign of quiet trading in the summer and muted price moves ahead. Instead, we view this as a good opportunity to add to their long exposure with cheap optionality, especially with global oil inventories continuing to tighten and geopolitics heating up again.”

Oil Careens Lower On Heavy Volume; Goldman Sees “Green Shoots” For Crude

“While OPEC’s production path remains uncertain, recent fundamental oil data have come in even better than we had expected.”

Oil Gets Good News And Bad News, With A Bias Towards Good

“Tuesday evening’s API data served to embolden bulls further and all that was missing was this morning’s EIA print to confirm things. Well, here it is.”