Strategic Positioning: Don't Chase the Bounce

Strategic Positioning: Don't Chase the Bounce

Welcome to Energy Markets Daily. Wednesday, February 4, 2026 — Strategic Positioning. CRUDE OIL UPDATE: WTI bounced to $63.59 yesterday, up 0.6% after Monday's 5% crash. Bouncing off the zero Fibonacci level around $61.21. OPEC+ confirmed production pause through March. Saudi Arabia at 10.1M bpd, Russia at 9.57M bpd. 1.65M bpd voluntary cuts remain. They're trapped. US ramping Iran sanctions. Eight entities and nine vessels sanctioned Jan 23. Iranian drone shot down near US carrier in Arabian Sea. Tensions rising. Our position unchanged. This bounce is noise. $63-64 is resistance. Short rallies. NATURAL GAS UPDATE: Henry Hub at $3.34, up 0.73%. Milder temps through mid-Feb pulling prices back. Storage ending winter at 2,000 Bcf, 9% above 5-year average. Output hit 111.6 bcfd. LNG exports near record. Our position: $3.30-$3.50 is the accumulation zone. Weather pulled us back. Gift. Add here. THE DECOUPLING: Crude trapped by oversupply. Gas supported by LNG ramp. Short crude rallies, add gas on dips. Trade the data. Not the headlines. For energy opportunities: energymarkets@protonmail.com

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Episoder(261)

Geographic Feature: Belarus

Geographic Feature: Belarus

Friday, September 11, 2026. Belarus: marginal crude producer (2.0M tonnes annually, ~25k bpd, plans 2.1M 2026, 2.3M 2030); Belorusneft main producer, Russian subsidiary Yangpur 1M+ tonnes/yr; 96 field...

11 Sep 2min

Geographic Feature: Nevada

Geographic Feature: Nevada

Thursday, September 10, 2026. Nevada remains marginal oil/gas producer (172k bbl 2025 down from 177k 2024, 207k 2023; historical peak 4M bbl 1990) with zero in-state refining capacity (only asphalt 1,...

10 Sep 2min

Geopolitical Premium Persists

Geopolitical Premium Persists

Wednesday, September 9, 2026. CRUDE OIL UPDATE: WTI trading near $93-$94/bbl testing $95 resistance. Sep 8 close Oct 2026 contract $93.50-$93.62 (+1.1-2.3% day), intraday highs $94.73, spot $92.36-$93...

9 Sep 2min

Technicals: Week 36

Technicals: Week 36

Tuesday, September 8, 2026. CRUDE OIL TECHNICALS. WTI crude trading near $92 to $93 per barrel. Testing key resistance. Price action September 7 close around $90 to $92.29. Consolidating near $90 afte...

8 Sep 2min

Geographic Feature: Costa Rica

Geographic Feature: Costa Rica

Friday, September 4, 2026. COSTA RICA ENERGY PROFILE. OIL AND NATURAL GAS: Costa Rica reports no proven oil reserves, produces only ~400 b/d petroleum liquids (unchanged YoY 2025; zero crude/NGPL). Oi...

4 Sep 2min

Geographic Feature: Yemen

Geographic Feature: Yemen

Thursday, September 3, 2026. YEMEN OIL AND GAS PROFILE. RESERVES: Oil reserves consistently estimated at ~3 billion barrels (Masila, Marib/Sab'atayn, Shabwa basins), stable since ~2009, ranking ~27th ...

3 Sep 2min

Middle East Tensions

Middle East Tensions

Wednesday, September 2, 2026. CRUDE OIL SPIKE. September 2, 2026: Closed at approximately $89.39 USD per barrel. Open: approximately $89.24. High: approximately $89.61. Low: approximately $89.22. Chan...

2 Sep 2min

Technicals: Week 35

Technicals: Week 35

Tuesday, September 1, 2026. CRUDE OIL TECHNICALS: Price context ~$84.90-$86.29 recently (e.g., 85.63 one platform), intraday ranges 84.13-86.78. RSI14 ~54.9-58 neutral-to-buy signal; some 57-62 shorte...

1 Sep 2min

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