https://mauricepointner.at/dokuwiki/ 2026-05-06T04:02:38+00:00 https://mauricepointner.at/dokuwiki/ https://mauricepointner.at/dokuwiki/lib/exe/fetch.php?media=favicon.ico text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:calendar&rev=1733168828&do=diff Calendar The oil calendar for this week is fairly light. There will be the usual weekly inventory reports from the EIA and API. The market will be tracking Ukraine-Russia tensions closely this week. There is little on the energy calendar for today text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:flight_to_quality&rev=1733168828&do=diff Flight to Quality But the underlying drivers of this so-called flight to quality – a term coined by larger traders whose access to finance has remained robust – are deeply established. A flight-to-quality, or flight-to-safety, is a financial market phenomenon occurring when investors sell what they perceive to be higher-risk investments and purchase safer investments, such as gold and other precious metals. This is considered a sign of fear in the marketplace, as investors seek less risk in ex… text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:flipping_barrels&rev=1733168828&do=diff Flipping Barrels Reselling or Flipping Goods: “Flipping” in commerce often refers to buying items at a lower price and then quickly reselling them at a higher price. “Flipping barrels” could metaphorically describe someone who buys and resells goods that are stored in barrels, such as whiskey or oil, though this usage would be highly context-specific. text/html 2024-12-11T22:08:17+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:floor&rev=1733954897&do=diff Floor While the delay in returning supply likely lifts the floor for the market slightly, we do not believe it changes the underlying issue. Eventually, the group will have to accept lower prices. Otherwise, it will continue to lose market share to non-OPEC producers. text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:geopolitical_volatility&rev=1733168828&do=diff Geopolitical Volatility text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:mileage&rev=1733168828&do=diff Mileage Jargon Sea Mileage For the tanker shipping market, this means yet another headache it could do without after sanctions on Russia already led to significant shifts in oil trade patterns and much more sea mileage. text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:negative_candle&rev=1733168828&do=diff Negative Candle “The natural gas weekly chart has shown a negative candle for the week as we continue to bounce around the bottom.” text/html 2025-02-24T22:24:30+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:oil_and_gas_jargon&rev=1740435870&do=diff Oil and Gas Jargon text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:oil_jargon&rev=1733168828&do=diff Oil Jargon Molecules Russian molecules are still entering the European market, just in different forms,” says an oil trading executive, who asked to not be named. Spills Oil spills do not respect borders, however. text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:outlook&rev=1733168828&do=diff Outlook According to Blanch, the oil outlook is currently dominated by four forces: * Persistently low inventories: Across the board, the oil complex is experiencing significantly low inventory levels, a situation that is contributing to upward pressure on prices. text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:press_statement&rev=1733168828&do=diff Press Statement A Trafigura spokesperson said: “We never comment on commercial transactions”, adding that the firm has not purchased Russian crude oil since May 2022 and that they “continue to comply with applicable sanctions”. There is no suggestion that those named in this article operated illegally or in any way evade sanctions. text/html 2025-02-24T22:37:59+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:price_action_jargon&rev=1740436679&do=diff Price Action Jargon The ICE gasoil crack spread is holding above US$20/bbl, while the prompt timespread has moved into deeper backwardation. text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:prompt_price&rev=1733168828&do=diff Prompt Price Prompt Market Price means the market price of the front month at each appropriate pricing location. <https://www.lawinsider.com/dictionary/prompt-market-price> text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:pullback&rev=1733168828&do=diff Pullback Gold remains in overbought territory and so there is certainly the potential for a pullback in the short term, particularly if we get a strong jobs report on Friday. text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:rally&rev=1733168828&do=diff Rally Gold's upward rally continues with spot prices reaching a record high of US$2,265.73/oz yesterday following inflation data from the US late last week. However, stronger-than-expected US factory data for March dampened the rally in gold as the trading session progressed. text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:risk&rev=1733168828&do=diff Risk Jargon Risk-laden Waters Due to the mounting tension in the Middle East, those risk-laden waters have spread from the Red Sea to the Gulf of Aden, and the vital Strait of Hormuz could be caught up in it too. Risk Premium Erode The risk premium in the oil market continues to erode as geopolitical tension in the Middle East eases. However, this is a factor that could return to the market, so is not something that should be fully discounted. text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:rollover&rev=1733168828&do=diff Rollover This renewed tension comes at a time when oil fundamentals continue to firm thanks to the rollover of OPEC+ voluntary additional supply cuts. text/html 2024-12-02T19:48:25+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:sanctions&rev=1733168905&do=diff Sanctions Jargon Harsher sanctions for Iran and anyone doing business with them would drive up costs, raise hurdles and push more trade to older, shadow vessels - but it is unlikely to stop oil heading to China. text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:sell&rev=1733168828&do=diff Sell Cocoa sold off aggressively once again yesterday. text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:single_volume&rev=1733168828&do=diff Single-volume Refined Product A “single-volume refined product” typically refers to a specific type of output from a refining process that is collected as a distinct and uniform product in a single batch or volume. This term is often used in industries like oil refining, chemical manufacturing, or food processing. text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:tailwind&rev=1733168828&do=diff Tailwind text/html 2024-12-02T19:47:08+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:take_position&rev=1733168828&do=diff Take Position Traditionally, businesses might have taken positions in the market by holding inventory or speculating on future price movements. This approach involved buying products (such as fertilizer or grain) at one price, holding them, and selling later, potentially at a profit if prices increased. This strategy, while potentially lucrative, also carries risks due to price volatility. text/html 2024-12-02T19:47:09+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:take_profit&rev=1733168829&do=diff Take Profit “WTI crude oil is taking some profit this morning but not before two straight strong sessions took values to close over the USD 80 per barrel mark yesterday for the first time since early November.” When someone mentions that WTI (West Texas Intermediate) text/html 2024-12-09T22:48:43+00:00 Anonymous (anonymous@undisclosed.example.com) https://mauricepointner.at/dokuwiki/doku.php?id=0_public:jargon:tariffs_jargon&rev=1733784523&do=diff Tariffs Jargon “Tariffs do not change supply and demand for crude, they just limit the choices for US refiners,” Rohit Rathod, senior oil market analyst at Vortexa, told Invezz.