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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Commodities

Overnight Oil Report 2/16/2021: “Brrr Its Cold Outside”

February 16, 2021 Mariel Alumit

New York — 0348 GMT: Crude oil futures were slightly higher during mid-morning trade in Asia Feb. 16, extending overnight gains, as the ongoing Arctic blast across North America caused supply disruptions, propelling demand for heating […]

Commodities

Over-weekend Oil Report 2/15/2020: “Please keep your thermostat at 60 degrees”

February 15, 2021 Mariel Alumit

New York — 0252 GMT: Crude oil futures strengthened during mid-morning trade in Asia Feb. 15 as the demand outlook brightened on hopes that the coronavirus pandemic is abating and on expectations of an upcoming stimulus […]

Commodities

Energy News Beat 2/12/2021 – HALL PASS FRIDAY

February 12, 2021 Mariel Alumit

Up and down day for the markets as new stimulus hopes couldn’t push markets green. S&P 500: 11% Nasdaq: 11% Dow Jones: -0.08% “Is the path to much higher equities becoming smaller…to put it differently, […]

Commodities

Overnight Oil Report 2/12/2021 – Booking Profits, Taking Names

February 12, 2021 Mariel Alumit

New York — Crude oil futures settled lower Feb. 11, retreating from 13-month highs as traders booked profits amid mixed demand outlooks. NYMEX March WTI settled 44 cents lower at $58.24/b, and ICE April Brent declined […]

Commodities

Overnight Oil Report 2/11/2021: Gasoline inventories build (yay fundamentals)

February 11, 2021 Mariel Alumit

Singapore — 0255 GMT: Crude oil futures were lower during mid-morning trade in Asia Feb. 11 on the back of a build in US gasoline inventories and despite the sharp drop in crude oil stocks. At […]

No Picture
Commodities

Overnight Oil Report 2/10/2021 – Fundamentals?!

February 10, 2021 Mariel Alumit

Singapore — 0234 GMT: Crude oil futures were rangebound in mid-morning trade in Asia Feb. 10 as improving fundamentals for crude oil were weighed against concerns of an overheated market. At 10:34 am Singapore time (0234 […]

No Picture
Commodities

Energy News Beat 2/9/2021: Super Bowl Hangover? Not For Crude

February 9, 2021 Mariel Alumit

Markets stay flat today after huge Monday rally fades away S&P 500: 01% Nasdaq: -0.09% Dow Jones: 08% “The market has been pricing in the reopening optimism, and in the short term that may be […]

Commodities

“Over-Long-Weekend” Oil Report 2/9/2021

February 9, 2021 Mariel Alumit

Singapore — 0300 GMT: Crude oil futures strengthened during mid-morning trade in Asia Feb. 9, as expectations of a return to pre-coronavirus consumption patterns amid the abating crisis and hopes of an upcoming US stimulus package […]

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Crude Oil News

Energy News Beat 2/4/2021: Earnings on Earnings

February 4, 2021 Mariel Alumit

Stocks have another green day to patch a solid week for the markets as earnings and economic data shine bright S&P 500: 85% Nasdaq: 78% Dow Jones: 56% A better-than-expected jobless claims report helped boost […]

Commodities

Overnight Oil Report 2/4/2021 – Crude TO THE MOON

February 4, 2021 Mariel Alumit

Singapore — 0248 GMT: Crude oil futures rose during mid-morning trade in Asia Feb. 4, as the US Energy Information Administration reported a draw in crude inventories and as the OPEC+ meeting concluded with a sense […]

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