Oil Prices Fall As White House Signals Will Maintain A Ceasefire With Iran Unless American Troops Are Killed

The UK announced on Tuesday that its military will fly Typhoon fighter jets over Saudi Arabia on “defensive missions” to help repel attacks from Yemen’s Ansar Allah, also known as the Houthis, marking an escalation of British involvement in the war. “The UK will fly defensive counter-air missions to support the protection of Saudi cities […]

Hindenburg Alarm: Another Rotation Or Worse? Via RealInvestmentAdvice.com, In early November, we sounded the alarm about a recent Hindenburg Omen. Per the Commentary’s summary: Bottom line: market breadth is horrendous and will likely lead to a rotation favoring out-of-favor sectors and stocks. Thus, it’s not surprising that the Hindenburg Omen was triggered. If we continue to see more of these Omens, the threat of a drawdown grows. At the time, Mega-Cap stocks were grossly outperforming the market, while many sectors lagged the market. Since that Hindenburg Alarm, our expectations have come to fruition. We have, in fact,...

Britain Bets On Hydropower To Boost Energy Security Authored by Felicity Bradstock via OilPrice.com, Britain has provisionally approved three major pumped storage hydropower projects in Scotland, the first of their kind in more than 40 years. Pumped storage facilities will act as large-scale energy storage systems, helping balance intermittent wind and solar generation. The projects are expected to improve energy security, reduce reliance on imported fossil fuels, and support the U.K.'s decarbonisation strategy. After years of neglect, the United Kingdom has big plans for hydropower as part of broader plans for a green transition....