Editor's Note: Tomorrow our Lead Fundamental Tactician Karim Rahemtulla and newest contributor JC Parets are going live at 2 p.m. to discuss the current markets. A few current trends they'll be covering include... - Global Rotation Playbook: Discover why capital is flowing from U.S. stocks to Europe, Asia & Latin America.
- The Dollar's Direction = Your Roadmap: How DXY moves shape global equity flows and commodity trades.
- Geopolitical Risk, Technical Clarity: Trade through the noise - let the charts tell the real story.
The event is completely free. Click here to sign up before it's too late. - Ryan Fitzwater, Publisher Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance The oil sector has been back in vogue lately. Our politicians are hanging out with the Saudis. Donald Trump just accepted a $400 million plane from Qatar. Everything is peachy cool with the Middle East right now. But going past the surface-level headlines - I'm asking myself... "How does this impact the oil sector as a whole?" If you recall in 2020 when COVID-19 brought the world to a standstill, energy demand was crushed. Oil dropped to $12 a barrel, and by January of 2021, over 100 oil and gas companies had declared bankruptcy. Now in 2025, I'm seeing a similar trend play out that started in April of 2024. You might recall during the inflation spike in 2022, oil screamed higher to $120 a barrel. Since April of 2024, its been on a steady decline back to $63. Which is right around the level many drillers require to make money. Plus, with the new volatility surrounding Trump's trade war in 2025, oil companies are starting to cry the blues again as they struggle to determine how tariffs will affect prices. Energy service companies like Halliburton and Schlumberger reported lower earnings in Q1 2025, and they're bracing for what could be the first price strain for the first time in several years. Overall, it would be just the second time in the past decade that US production fell. |
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