Armada Intelligence
Category archives for: Energy

Diesel Prices Lower – But Long Term Problems Exist. $


Diesel prices could come under pressure over the next 10 years for an odd reason – a refinery problem in Britain. Diesel is expected to overtake gasoline as the preferred form of fuel across the UK, and the country isn’t building new refineries – just as we have experienced in the US. The demand for […]

Saudi Arabia and API Data Rock Crude Oil Futures. $

oil Saudi

There has been a tremendous amount of volatility in the crude oil sector, you’ve all seen that. It can jump by 7% one day and fall by the same amount the next.  This is a little bit “newsy”, which we try to avoid, but there was some news that hit after the market close on […]

ConocoPhillips Releasing 10% of Workforce.

We don’t normally write about a single company experience unless it has some impact on the broader economy. ConocoPhillips announced this afternoon that it would lay off about 10% of its global workforce – which is about 1,800 people overall. This isn’t a significant number of people in the broader economic scheme of things.  But […]

Saudi Troops in Yemen = Oil Spike.


You have heard us talk about the price of crude oil being pegged to the Trade Weighted US dollar index. There is a relationship between both, as the dollar rises crude oil drops. We were asked in a speech that we gave to a group of about 100 investment advisors what can change that relationship […]

Quick Oil Update. $


Crude oil prices improved in trading today, but remain just under the $40 per barrel mark at about $39.33.  Brent North Sea Crude finished trading at $43.23, which is one of the tightest spreads we have seen in the WTI/Brent trade in a long time. That could push more importation of crude oil (when taking […]

Refinery Fire In Delaware Could Push Gas Prices Higher.


Just as we have seen in the West and upper Midwest, we now have had a fire at a major refinery in Delaware.  If you take a look at the EIA chart at right, we can see that most markets are showing gasoline prices between $.90 cents and a $1.05 lower than they were last […]

Diesel Prices Continue to Fall.

There is a significant drop happening for US diesel prices (and in several countries including the UK). According to the AAA, diesel prices in the US are $2.65 a gallon, $1.16 a gallon lower than they were at the same time last year.   This drop in diesel prices is great for shippers and industries […]

Crude Oil Inventory Build Larger than Expected.

Despite everything that we have seen about production cuts in the US petroleum sector, crude inventories built again this week by 2.62 million barrels. This was much higher than expected. But, despite inventories building, production was well off pace from what we saw about three months ago. So, production is falling across the country as […]

A Couple of Big Charts. $


There are a couple of big charts that you probably need to just be updated on. The first is not surprisingly the oil chart. Today, we saw WTI break below the $43 per barrel level which was considered to be a fairly critical psychological level. It closed this afternoon at $42.24. The chart at right […]

Oil Prices Get Whacked – Headed for $30? $


Chris and I both hit the Yuan devaluation pretty hard, you get it. There are a couple of things that happened to oil prices today that need to be understood, because there are multiple analysts who now see oil falling below $40 a barrel, some calling for the low $30’s before it stops and reverses.

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