Record short positioning, firm call skew, and higher oil prices on the back of unconvincing inventory data raises the question as to where the next incremental seller will emerge. The…

Sentiment in oil markets is extremely bearish. Momentum funds are piling on shorts and have clear targets and pivot points that have worked incredibly well for the past four weeks.…

Sentiment in oil markets is in full bearish swing with last week’s DOE stock builds putting a nail in the coffin for light sweet prices. Shorts are in clear control…

OPEC has delivered real, impacting cuts but has communicated poorly to a bruised and low confidence paper market setup for a "beat". This misread or (temporary) misappreciation of the crude…