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After falling in the early hours of the overnight session, Crude has bounced back and punched above the highs. As week 1 of this war comes to a close, Iran maintains their ability to retaliate. The strikes on neighboring countries, especially Qatar (LNG) and Saudi Arabia (production) caught traders off...
***Long run weekly shown above Spreading of the conflict is driving prices higher today as nine more oil tankers came under attack overnight / early this morning. BP evacuated staff from Iraqi oil fields and the country overall has cut ~1.3mln bpd of production. The US sank an Iranian warship...
Africa’s flagship clean energy fund says it plans to more than double its financing to $2.5 billion over the next two years, as momentum builds behind the continent’s energy transition
War has erupted again in the Middle East, raising major questions for energy markets, inflation, and the global economy.
The crude oil futures market has shifted dramatically in recent weeks as geopolitical risks collide with technical breakouts and fundamental supply/demand dynamics.
Rising oil prices are a major growth catalyst for Big Oil dividend stocks.
**Daily chart shown above is a front-month continuous as May futures no longer contain applicable levels The war is expanding rapidly. While US strikes on Iran have been our bull thesis for close to two months, Iran’s response to attack neighboring oil and gas infrastructure is new information. The Iranian...
Tensions in the Middle East are putting pressure on oil markets, but some stand to benefit.
**Daily chart shown above is a front-month continuous as May futures no longer contain applicable levels For the last (nearly) two months, our bull thesis has been based on US military strikes on Iran. With our catalyst realized, we have taken profits on our remaining long positioning. Some new information...
Crude oil prices are drawing renewed attention as geopolitical tensions between the United States and Iran intensify. Escalating rhetoric and military posturing in the Middle East have raised fresh concerns about potential supply disruptions, adding a clear risk premium to energy markets. With traders closely monitoring developments around US involvement and regional stability, volatility in oil has increased noticeably. This geopolitical backdrop is providing fundamental support to the current recovery, reinforcing the bullish technical structure that has been developing since the breakout earlier this year.
USDCAD enters the new trading week at a technically and fundamentally sensitive juncture. The pair continues to be driven by oil prices, interest rate differentials, and shifts in global risk sentiment. Over the weekend, geopolitical tensions escalated following coordinated U.S. and Israeli strikes on Iran, including reports of the death of Iran’s Supreme Leader, Ali Khamenei. Because Iran is a major oil producer and sits near the Strait of Hormuz, developments in the region carry implications for energy markets and, by extension, the Canadian dollar. As markets reopen, attention is likely to focus on how crude oil, safe haven demand, and key technical levels interact around the 2026 yearly VWAP and the 1.35 to 1.392 range.
Professional traders often rely on calendar spreads to reduce directional volatility and improve consistency by trading relationships rather than outright price movements.
Yesterday we shifted our tone bearish due to the OPEC+ meeting and the lack of movement on the Iran situation. While Iran military action still presents a tremendous upside catalyst, “deadlines” have come and gone without action. By the end of this week OPEC+ will meet this weekend to discuss...
Africa’s push to decarbonize freight is gaining momentum as Cape Town-based Zero Carbon Charge rolls out fully off-grid, solar-powered charging hubs for electric trucks along South Africa’s key N3 corridor
OPEC+ will meet this weekend to discuss April supply plans. It is likely that the group will continue with the (now paused) hiking plan. The hike plan was paused to account for normal seasonal weakness from Dec – March. With the supply hikes coming back online, look for some added...
Fasten Your Seatbelts… then watch Jim's video and put your tray tables in the upright position
Brazil and India have signed a new deal to cooperate on rare earths and other critical minerals
Prices are rallying back to local highs near 66.04*** as Iranian talks face roadblocks. Threatening remarks from Iran’s Supreme Leader are driving prices higher. While we still maintain a bullish tilt, this is not a bad place to take profits. We maintain the stance that Iran talks are unlikely to...
Prices retreated yesterday after talks between Iran and the US reportedly went well. Prices fell as traders reassessed risks of a wider conflict and a closure to the Strait of Hormuz. Today, prices are higher as officials clarified that talks have been successful in “laying out the guiding principles” for...
Price is higher today as Iran partially shuts the Strait of Hormuz heading into nuclear talks. Direct conflict or an attempted full closure of the strait is looming. We still see price as being skewed to the upside. Weekly Technical History: Monday – Risk remains skewed to the upside and...
Japan wants to ship carbon emissions to Malaysia in a first-of-its-kind project in Southeast Asia for carbon capture and storage
Crude oil remains in a short-term corrective pullback within a broader bearish wave structure. Price action suggests one more decline toward the $60 support zone before a potential larger recovery phase begins.
Jim's video tells what you need to know
***ROLL TO MAY FUTURES – FINAL DAY OF MARCH ANALYSIS It was a macro bloodbath yesterday as tech and credit markets continue to unwind massive bets. The credit and software sectors are imploding; throwing a wrench in the macro backdrop. in the macro space, we also have: an expanding yield...
Crude oil has transitioned from a largely rotational 2025 into a more constructive 2026, with price holding above the 2026 yearly VWAP after spending much of last year chopping around prior value. The fourth quarter of 2025 was pressured by softer demand data and resilient supply, keeping the market below the 2025 yearly VWAP. More recently, escalating unrest in Iran and elevated regional tensions introduced a geopolitical risk premium that fueled a rally above 74.00. In the past week, however, headlines pointing to renewed diplomatic discussions between the United States and Iran have cooled immediate escalation fears, leading to overlapping daily ranges and short-term balance between 74 and 80.
