ClipperBlog

08 February

Sell the rumor, buy the (bearish) fact

Today's price action has been a case of sell the rumor, buy the (bearish) fact, as the affirmation of a gargantuan crude build from today's weekly EIA report has stoked some buying interest. All we can suggest is that last night's API print took the sting out of today's number, while a surprise draw to gasoline seems to be pulling crude higher by its bootstraps. Hark, here are five things to...

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Tagged Angola oil exports, Permian Basin, German electricity Leave a comment

About the Author

Matt Smith deciphers and distills what is most relevant across the energy complex into cohesive and pithy knowledge you can use. The belly laugh is a bonus.

Matt Smith

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