Explore Special Offers & White Papers from ADMIS

Higher Energy Markets


August crude oil has started the third quarter nearly $20 per barrel above its April lows, having benefited from improving global risk sentiment and a pullback in US and OPEC-Plus production. Given increasing concerns about demand should there be more “paused reopenings,” crude oil and the products may be a little top-heavy at their current price levels. Russian Energy Minister Novak said that the global oil market could be in balance or could even see a shortage, but he also said that current OPEC-Plus deal should see easing of output cuts next month, and those second comments have helped to take crude oil prices below their early highs.


Natural gas prices have found their footing with modest gains this morning, but they are holding an inside-day range. While prices have lifted clear of last week’s lows, they need to find fresh bullish supply/demand news to extend the move. August natural gas was unable to shake off early pressure on Wednesday and finished with a moderate loss. Extended weather forecasts call for warmer than normal weather from the Rockies east to the Atlantic Coast, which should boost air conditioning usage and electricity consumption.

Risk Warning: Investments in Equities, Contracts for Difference (CFDs) in any instrument, Futures, Options, Derivatives and Foreign Exchange can fluctuate in value. Investors should therefore be aware that they may not realise the initial amount invested and may incur additional liabilities. These investments may be subject to above average financial risk of loss. Investors should consider their financial circumstances, investment experience and if it is appropriate to invest. If necessary, seek independent financial advice.

ADM Investor Services International Limited, registered in England No. 2547805, is authorised and regulated by the Financial Conduct Authority [FRN 148474] and is a member of the London Stock Exchange. Registered office: 3rd Floor, The Minster Building, 21 Mincing Lane, London EC3R 7AG.                  

A subsidiary of Archer Daniels Midland Company.

© 2021 ADM Investor Services International Limited.

Futures and options trading involve significant risk of loss and may not be suitable for everyone.  Therefore, carefully consider whether such trading is suitable for you in light of your financial condition.  The information and comments contained herein is provided by ADMIS and in no way should be construed to be information provided by ADM.  The author of this report did not have a financial interest in any of the contracts discussed in this report at the time the report was prepared.  The information provided is designed to assist in your analysis and evaluation of the futures and options markets.  However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.

Latest News & Market Commentary

Explore Special Offers & White Papers from ADMIS

Get Started