Nova Energy Market Insights provides actionable information through the analysis of market trends, pricing models, and industry news. The blog delivers Nova Energy clients a customized perspective into the financial markets that have a direct impact on their business today.

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 [...]

Technicals Looking Bearish for Crude and Products, Waiting for Fundamental Catalyst

Market Overview Intermarket relationships are giving mixed signals as crude and product pricing tries to find direction. US Dollar performance and the trend on Eurodollar yields point to [...]

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