Welcome to the Fuel Matters Blog

A resource to help you buy and manage fuel better

Peter Haralambakis

Peter Haralambakis

Peter Haralambakis is a Supply and Trading Business Development Manager at Guttman Energy with over 13 years of experience in commodities trading, analysis, and risk management in products ranging from Corn and Soybeans to Crude Oil Futures and Options to Financial and Physical Biofuels to Natural Gas and Natural Gas Liquids.

"Vote Early and Vote ......"

By: Peter Haralambakis / Posted on: November 6, 2018

As some of the political machines of the mid 1800s coined the jocular phrase of “vote early and vote often”, I can’t help but think about all the spirited voters racing to their local polling establishments today and how the energy and equity markets have reacted to midterm elections of the recent past.  Over the past 21 midterm elections, the party of the incumbent president has lost an average of 30 seats in the House and an average of four seats in the Senate, with only twice having gained in both houses.  Below is a chart depicting the post-midterm election WTI crude oil price action of the past 4 midterm elections to the end of those respective calendar years:

Read More

Deluged for Days

By: Peter Haralambakis / Posted on: September 11, 2018

As we navigate through peak hurricane season, market participants are glued to their weather consoles watching, waiting, anxiously for every update to the two weather disturbances, two hurricanes and a tropical storm churning in the Atlantic and Gulf Coast.

Read More

"Stuck in the Middle with You"

By: Peter Haralambakis / Posted on: August 14, 2018

It may be difficult to believe, but WTI crude oil has been stuck in a range for the past 22 trading sessions without catapulting above $70.06 and without collapsing below $66.32.  As of the close, 2:30pm EST, WTI crude oil settled down $0.16 to $67.04/bbl.  Even with all the headlines of Iran sanctions, global economic outlook darkening, U.S. Dollar rallying, emerging market contagion, (Turkish Lira plunging to a record low vs U.S. Dollar), Chinese economy slowing down?, trade war fears across the globe, and the continuation of the Venezuelan humanitarian nightmare,  WTI for September delivery is only down 1% from 21 days ago.  In between that trading frame, we had multiple 5% selloffs, a 6% three day rally, a couple of unch’ds (unchanged on the day) and a whole lot of uncertainty. 

Read More

WTI Whimper

By: Peter Haralambakis / Posted on: July 31, 2018

With all the noisy headlines that have been peppering the newswires this past month; Iran sanctions, Iran waivers, OPEC crude oil output, Russian crude oil output, Norwegian oil workers on strike, Syncrude power outage, U.S. – China trade wars, U.S. – E.U. trade wars, Nafta talks, Libyan export resumption, EIA output view increase to 12 mil barrels for 2019, and Houthi rebels firing missiles at Saudi VLCCs; WTI crude oil is on track to close the month out with a whimper, no major headlines swaying it one way or another, and down 6.85% or $5.08/bbl. Since the beginning of this, most impressive, bull market run in June of 2017, only 4 out the 14 months has WTI settled down for the month.  At a quick glance the WTI monthly continuation chart isn’t ready to turn over quite yet.  It has been trading above the 200day exponential moving average for the past 7 months and all the momentum is still leaning on a “no room for error”, inventory tight, geopolitical driving force trend.

Read More

Viva Volatility

By: Peter Haralambakis / Posted on: July 17, 2018

Causes of oil price fluctuations come in many forms, but the past 20 day 30% swing can fall squarely on the shoulders of uncertainty.  With uncertainty comes volatility. 

Read More

Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED "AS IS," WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.

Subscribe to our blog

Price Feed

Stay up-to-date on current fuel prices and market trends with our NYMEX price feed (15 minute delay to the live market).

© 2018 Market data provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.

Categories

RSS FEED

feed-icon-28x28.png
Contact Us