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Blog Archives

Oil Market Discussion with Carl Larry at Marex

Today’s Guest on Tank Talk is Carl Larry VP Energy Futures Clearing Sales at Marex. In this Episode, Carl shares his perceptions on the current oil markets, insights on inventories, and commodity Data.  

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Dispatches from the Grapevine: AFPM Shenanigans, Economic Musings, and Oil Market Contemplations

Greetings from Grapevine, TX…..it was great to see the gaggle of midstream and downstream aficionados running around and getting lost like chickens with no heads at the Gaylord hotel. It was great to mix it up with the bent elbows as they not so humbly and endlessly wassailed about their refining and trading accomplishments of 2023.  Kudos […]

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Presidents Day Reflections: Tank Tiger’s Weekly Roundup, Mergers in the Permian, and the Fossil Fuels!

For those of you who had yesterday off, we hope you enjoyed the long weekend in honor of Presidents Day. If you don’t know why we had the day off, perhaps these important facts will provide pause for some magnanimous reflection:   James Madison (1809-1817): Madison was the shortest president at 5’4” and weighed barely over […]

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From Touchdowns to Tankers: A Super Bowl Weekend of Chiefs, Stocks, and Commodity Showdowns

Once again we are preparing to see the Kansas City Chiefs take on the San Francisco 49ers next Sunday. It was only 4 years ago where we saw the same matchup in Miami when fragile Jimmy G and the Niners had the lead with less than 3 minutes to go but Patrick Mahomes led the Chiefs […]

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Crude Realities: Reflecting on 2023’s Record Oil Production, Wall Street Moves, and China’s Unconventional Ethanol Play

New Year…..same shizzle? Lil bit…not xactly.   When the US Shale boom first ignited in the last decade, production growth was driving the bus and capital discipline was a big joke. Fast forward to today. The year 2023 saw the U.S. hit a record crude oil production level of over 13.2 million barrels per day—more than any other country […]

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Name Your Price: The Tank Tiger and the Volatile Markets – A Look at Storage, Rates, and Oil Prices

Who remembers the old Priceline commercials?  William Shatner, with his compelling narrative, would tell us all about how we can get hotel rooms and air transportation at whatever price we wanted. All we had to do was name our price. We could go as low as we wanted, and no one would know what a cheapskate you were […]

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Middle East Tragedy and Energy Market Turbulence: ExxonMobil Megadeal, New Entrants, and the Importance of Physical Trading

It is impossible to contextualize the horror and tragedy of the terrorist attacks in the Middle East over the weekend. Although sanity and reason tend to normalize our moral compass, history tells us that the fabric of our being contains unsettling forces that has led to bloodshed and war over and over again for the past […]

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Oil Cargo tracking origin story for KPLER with Matt Smith & Marshall Hooper

Tank Talk sits down with the KPLER team Matt Smith & Marshall Hooper. Matt is the Lead Analyst for the Americas & Marshall is the Head of Partnerships, Americas.  In this Episode Matt breaks down potential cargo flow arbitrages & macro oil economics and Marshall tells us the origin story how KPLER grew from a […]

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Pumpkin Spice Oil: The WTI Bulls are Out

We hope everyone enjoyed the long holiday weekend. Labor Day has been a national holiday in the United States since 1894. To many, it may signify picnics, parades, or a day off from work. Organized by the Central Labor Union, the first Labor Day holiday was celebrated in 1882 in New York City. On that day, 10,000 […]

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“we must cultivate our garden.”: Treasury yield plus inflation equals WTI in the 80s

Last week the 10-year U.S. Treasury yield hit its highest level in over 15 years and netted its fifth straight week of gains. Since the yield curve is still inverted, there appears to be more room for the the 10-year to run, which could really make potential first-time home buyers cringe as mortgage rates climbed over […]

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