Tim Evans
Tim Evans
balance chopping looking market opportunity price relaxed storm updates
There still may be ample opportunity for price chopping off storm updates over the balance of the week, but the market is looking considerably more relaxed today.
despite drawn extent last limiting market might page positions prices profit pushing short storage taking warmer week
The natural-gas market is on a completely different page now, with profit taking on short positions pushing prices higher, despite what are still impressively bearish prospects. This week will be warmer than last week, limiting the extent to which storage might be drawn down.
brought gas natural oil trends warming
Heating oil and natural gas are...faced with significant warming trends that have brought an abrupt end to the heating season.
barrels french includes less looking next oil per talking timeline
If you're talking about a 400,000 barrels per day refinery next to a French Chateau in the Loire valley, the timeline is infinite. If you're looking at an industrialized part that already includes an oil refinery, it's much less of a big deal.
ate came dance dance-and-dancing danced looked provide
In a ballroom, all you can do is dance and eat. We wanted to provide more than just dancing. They ate and danced, and when they got tired, they went out and looked at exhibits. Then they came back and danced some more.
build gasoline last price seeing several weakness
The gasoline build is substantial and it confirms the price weakness we've been seeing over the last several days.
continue downside grow looks lots open supply wide worldwide
The downside looks wide open at this point. We've got lots of inventory, and worldwide supply is going to continue to grow into the year.
markets recent since traders trends
The markets are bracing for Thursday's DOE reports, with traders cringing since the recent (supply) trends have been bearish.
best data economic importance jobs latest markets overall round spin
The markets are all doing their best spin jobs off the latest round of DOE data, but there were really no significant surprises. The overall economic importance of the data is still bearish.
energy exhaustion market reach risk
The market has used considerable energy just to reach this level. We see risk of exhaustion now that it's here.
apply call economics economy-and-economics filled forth higher laws prices supply view
The laws of economics still apply and higher prices call forth more supply while dampening demand. The long view of the market's history, filled with booms and busts, is on our side.
certainly market
The market is certainly tightened by this event.
crude decline drop further oil stocks surprised
I'm surprised by the drop in crude stocks and the further decline in crude oil imports,