Hurricane Ida

Later today, the EIA will disclose the latest crude inventory data from the US. What's been pushing the market lately was the EIA's monthly oil inventory report release. The contrast between their outlook and OPEC's views could be…
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Economists expected today's OPEC meeting to be a non-event. Then on Monday, the Kuwaiti minister suggested that OPEC might not "roll over" their planned production increases. And that agitated the market. Even though a series of other…
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Last night, Hurricane Ida hit Louisiana square in the middle of the heart of US oil transport and refining. While the press makes a comparison to Katrina, traders need to assess how this is likely to affect the markets. Experts…
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