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Maduro ‘Wins’ Election, Spells Continued Trouble for Venezuelan Crude

Market Overview Maduro has won another term as president amidst accusations of vote rigging. During Maduro’s tenure, Venezuelan oil production fell roughly 40% to recent lows of 1.5 million. The [...]

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Iran Sanctions Push Prices Higher as Tensions Rise in Middle East

Market Overview With Iran sanctions back on the table any dips in the energy complex should be short lived. While OPEC has stated that member nations stand ready to maintain price stability, the [...]

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Iran Speculation Takes Center Stage Ahead of President’s Comments

Market Overview Weekly volatility has picked up as President Trump is scheduled to make an announcement on the Iran nuclear deal today at 2:00 pm EST. Implied volatility for prompt month WTI [...]