Posts Tagged ‘inventories’

Oil Shorts Squeezed As Cushing Inventories Tumble To Historic Low For January

With 22-year-old portfolio managers shorting energy stocks and commodities beyond record levels to avoid “career risk” and fund NVDA longs by jumping on the biggest bubble bandwagon since the dot.com days , the inevitable short squeeze will be a sight to behold, and according to Reuters it may have started. As Reuters energy analyst John […]

Engineered Energy Shortages: US Coal Producers Have Already Sold Their Coal Inventories for 2022

When Donald Trump promised during his 2016 campaign to ‘make coal mining great again,’ little did he know that the industry would rebound the way it will in 2022. But that’s not going to be a good thing, either. Trump as the president worked to revive the coal mining industry because even though fewer and […]

OPEC, Russia and other producers propose curbing oil inventories to five-year average

     The Organization of the Petroleum Exporting Countries (OPEC) and non-members are committed to reducing global oil inventories to a five-year average, said Saudi Energy Minister Khalid Al-Falih in Moscow on Wednesday. The goal could be reached in the very near future, he said at a meeting with his Russian counterpart Aleksandr Novak. Russian and […]

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