Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Stock Futures Dip as Investors Await Key Payrolls Data 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Wall Street Analysts Weigh in on Latest NFP Data 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Global Markets React to Strong U.S. Jobs Data and Rising Yields 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
2025 Market Outlook: Key January Events to Watch 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Add as a preferred source on Google
WTI and Brent prices has diverged recently, with WTI extending losses of -1.45% from last 3 days (currently trading at $55.30 level), while Brent surged 2.01% so far in this week. WTI’s slumps came after reports show US diesel and gasoline stockpiles increased on the week.
Distillate supplies rose 2.6mil bbl in the week past, against expectations of a -0.3mil bbl reduction in a Bloomberg poll.
The spread between WTI and Dubai oil prices have shrunk to about $1/bbl, the tightest since April 2018. It is likely that any correction may have to come from WTI as high prices dampen demand for US crude exports.
Updates on crude oil derivatives trades: In crude oil segment, we initiated a risk reversal strategy by going long in Brent Dec’19 10D call versus short Dec’19 10D put. They also went tactically short Brent-Dubai Q3’19 swap spread due to mounting risks from Iran sanctions.
Hence, contemplating above developments, crude oil derivatives trades are advocated on hedging grounds: WTI crude directional hedge is advised, by maintaining shorts in CME WTI futures for August delivery for arresting downside risks in short-run, simultaneously, longs in CME WTI futures of September’2019 month deliveries.
