Winter is bearing down on the energy markets and what was and what may be is being most reflected in the natural gas market. Nat gas hit a six-month high as cold temperatures conspired to lower supply to the lowest level since 2008.
Can oil traders find happiness and fulfillment without the Energy Information Administration reports? Genscape is preparing to backstop the EIA Weekly Cushing Oil Storage Report, as well as the USDA corn crop yield forecast.
China's imports have surged in recent years from OPEC nations such as Saudi Arabia, Iraq and the United Arab Emirates, according to Chinese customs data. The U.S. is still No. 1 in crude imports from the entire world.
When the market is unsure that the U.S. government will be able to pay its debts, which include interest payments to bondholders, it make sense that the U.S. bond market might not now be looked at as necessarily the ultimate safe haven.
Dan Dicker, energy trader, oil analyst, television and web commentator, author and general provocateur doesn’t mince words, especially about the new players brought in through electronic trading of the markets.
There are many ways to trade the energy markets. Some traders go the straight buy/sell futures route, but when it’s volatile, the best option is looking at the OTC market and playing different grades of crude.