NYMEX (WTI) Light Sweet Crude Oil is the world’s most liquid and actively traded crude oil futures contract. If you think you know oil, and you fancy yourself a…
Jericho Oil
Pre-dawn drone attacks on two major Saudi Arabian oil facilities over the weekend sent shock waves across the planet. These weaponized drones hit their mark with savage accuracy, lighting…
It’s a mugs game, attempting to divine short term price moves in some of our more geopolitically sensitive commodities. Take gold for example… There’s a whole universe of traders…
Today’s markets are nearly impossible to predict. Take oil for example: The Middle East is a ticking time bomb, and production out of Venezuela, Iran and Libya is plummeting….
Sometimes it makes sense to be a contrarian, that is, to purposefully go against the flow, to buy and sell securities in complete opposition to the prevailing sentiment. The…
Jericho Oil’s (JCO.V) preliminary partnership production rates in the STACK play hit an all-time yearly high in 2018. Jericho’s record annual partnership production totaled approximately 297,000 barrels of oil…
A few weeks back we talked about myopia and how the market appears to be suffering from an acute case of the disorder (I’m specifically referring to Merriam-Webster’s #2…
OPEC is cutting oil production. OPEC and some non-OPEC partners—the most important of those being Russia—have agreed to cut oil production by 1.2 million barrels per day as of…
The volatility in oil continues. ‘Manic’ might best characterize trading in recent sessions In a previous offering, we suggested that the $50 level, aside from being a nice round…
Jericho Oil (JCO.V) continues to find success in the STACK oil formation in Oklahoma. Pumping out an average of 330 barrels of oil equivalent per day (50 percent oil), Jericho’s Swordspear…