Energy

Positioning for Trump to pull out of Iran

Speaking moments ago, US President Donald Trump recently stated that Iran’s military capability is basically NIL and that the US controls Tehran's airspace. He confidently remarked, "I don’t like to say this, but we’ve won this war."...

U.S.-Iran Talks: Is This Rally Built on a Lie?

Stocks rallied on Monday after Trump stated that the U.S. and Iran had held "productive" talks. However, Tehran denied any negotiations that took place....

$200 Oil? Implied Volatility at $32.89 This Month

“Get ready for oil to be $200 a barrel, ...” a spokesperson for Iran’s military command, said Wednesday....

If California is droned, here is what traders may watch

A US-Iran war that shows up on the US mainland changes the game completely. And its ramifications for oil, gold, and the US dollar could be massive....

The next oil spike could start with mines in Hormuz

The White House said a since-deleted post from Energy Secretary Chris Wright about a U.S. Navy escort through the Strait of Hormuz was false....

Which stock indices feel oil volatility the most? 

After Iran’s closure of the Strait of Hormuz triggered one of the largest oil supply disruptions in history, West Texas Intermediate crude posted a 35.63% weekly surge, its biggest gain since the futures contract began trading in 1983....

Oil Oversold? Middle East Risks Remain

Oil prices are cooling off as concerns over the nature and scale of Israel’s retaliation to Iran become known. Israeli Prime Minister Benjamin Netanyahu has indicated to the Biden administration that they will be targeting military rather than oil nor...

Can Oil soar on June 2 OPEC+ cut hopes?

WTI crude futures and Brent continue to recover from three-month lows. The rebound is potentially driven by expectations that OPEC+ will extend its output cuts of 2.2 million barrels per day into the second half of the year during its...

Key Canadian trading events this week

On Friday, alongside the US PCE data release, Canada will publish its Q1 GDP growth figures. Earlier in the week, Canada will also release its producer prices data. Note that US markets will be closed on Monday for Memorial Day....
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