Oil Prices Rise as World Production Falls Short: Doctor Evil Reacts!

Doctor Evil's Take on Oil Prices

Ah oil prices my precious money maker. The world production is falling short my minions and that means a supply deficit! One million barrels per day up from 900,000? Yeah baby!

Federal Reserve Throws a Wrench in the Works

Just one interest rate cut in store? Hmm not quite what I had in mind Federal Reserve. Three cuts would've been more groovy! 'Modest' progress in capping inflation you say? How modest I ask?

Closing Energy Prices

My bank account is certainly feeling the squeeze but oil prices are up up UP! West Texas Intermediate at $78.50 Brent at $82.60 RBOB Gasoline at $2.39 per gallon and Natural Gas at $3.04 per thousand cubic feet. Make me rich baby!

Forecast for the Future

A deficit in the third quarter? Brent prices hitting $86 per barrel? OPEC sticking to its demand growth forecast? It's all music to my ears my evil plans are coming to fruition!

Citi Analysts' Insights

Rangebound price action? Volatility near a decade low? Sounds like a snooze fest but a tight third quarter could mean big bucks. OPEC+ production increases leading to a 'bear market'? Not on my watch Citi analysts!

In the End Evil Wins

Oil prices may fluctuate but in the end it's Doctor Evil who comes out on top. My plans for world domination fueled by oil riches are unstoppable! Mwahaha!