While net length in oil is low by historical standards, it is up sharply from the lows making oil a little more prone to CTA positioning and erratic, non fundamentally-based moves. Ignore headlines trying to explain sharp 1 day declines with 'weak demand' as they are unfounded.

I’m an optimist, so the upside I can find in rising taxes and further falling productivity/competitiveness is a likely weaker Canadian currency…a huge benefit for Canadian energy companies who now get a 38% revenue uplift vs. their US peers. Sunny ways!

Few called it. Helima did from the beginning.

Energy investors should tune out geopolitical noise, as they have zero edge in predicting outcomes or even market interpretation of said outcomes, and focus on fundamentals: oil demand is at record highs, global oil inventories have barely built YTD and will soon reach record

Any 'windfall' tax on Canadian energy companies would be an attack on a sector that will already pay over $50BN in royalties and taxes this year, and an insult to investors who endured the worst energy bear market in history and are now finally being justly rewarded.

What oil sanctions?!?

'We remain bullish.'™️
wealthprofessional.ca/news/industry-…

You really have to dig for it, but even the eco-evangelical IEA agrees with the likes of Goldman Sachs that 'peak demand' will not result in a steep decline. I don't think people get this nuance, and it's critically important. We remain bullish!

Scotia: “We expect that by 2028-2030, non-OPEC production growth should be peaking or will have already peaked.” We remain bullish.

I shared my short and medium term outlook for oil this morning on BNN Bloomberg...we remain bullish™️! bnnbloomberg.ca/video/we-remai…

It's a tricky time for energy traders, with red sea attacks, rising tensions in Gaza, demand/supply issues. Eric Nuttall breaks it down.

TanvirGill @willkoulouris #Brent #WTI #Mideast #Redsea #Houthis

I shared my short and medium term outlook for oil this morning on BNN Bloomberg...we remain bullish™️! bnnbloomberg.ca/video/we-remai…

This was 4 years ago to the day: April 2020 doing BNN Market Call from my son's bedroom in an undersized rental house under COVID lockdown and schools closed, oil at $25/bbl and energy stocks down massively...telling myself hourly 'this too shall pass.' How far we have all come!

We need to wake up to the fact that the developing world is primarily focused on energy accessibility and affordability. Our best way to help lower global emissions is to supply more cleaner energy such as natural gas vs. impoverishing our own citizens and stymying production.

Where do I see oil headed in the coming months? Find out in this interview with Asharq Business اقتصاد الشرق:
now.asharq.com/clip/%D9%86%D8…

Every day above $90 is a spectacularly awesome day!

The Canadian energy sector has awaited this news for far too long, yet here it is!!! TMX to go into service in May...huge positive and eliminates the 2nd largest reason why foreign investors have avoided the CDN oil patch (with the #1 reason to be addressed by Fall '25).

Bullish.