Welcome to Energy Markets Daily. Friday, February 13, 2026 — Weekly Recap: Week 7. WEEK 7 COMPLETE. Seven weeks. Every call confirmed. The decoupling thesis holds. CRUDE OIL RECAP: Monday opened with WTI pulling back from $65. We called $63-64 resistance. It held. Tuesday technicals showed range-bound trading in a symmetrical triangle. $61-$65 range locked. Wednesday WTI rallied to $64.36 on Iran tensions. We said short the rally. Geopolitical premiums fade. Thursday the reality check. WTI hit $65.13 but EIA dropped a bomb: 8.53 million barrel BUILD. Market expected a 200K draw. Massive miss. Oversupply confirmed. THE THESIS: $65 is the ceiling. EIA forecasts $52 average. Current price 25% premium. Mean reversion coming. Short rallies. Target $52. NATURAL GAS RECAP: Monday gas crashed to $3.21. We called it accumulation territory. Tuesday showed extreme oversold. RSI 29. Stochastic 21. Williams %R at -94. Wednesday bounced to $3.13 off oversold. EIA raised 2026 forecast to $4.30. Thursday storage report confirmed: 360 Bcf withdrawal last week was largest ever. Storage 27 Bcf below 5-year average. Ending March below 1.9 Tcf. THE THESIS: Accumulate $3.00-$3.25. Target $4.50+. WEEK 8 PREVIEW: Watch EIA weekly data. Iran developments. OPEC+ compliance. Weather models for late February. Trade the data. Not the headlines. For energy opportunities: [email protected]

Welcome to Energy Markets Daily. Thursday, February 12, 2026 — Market Update. CRUDE OIL UPDATE: WTI surged to $65.13, up 1.8%. Iran tensions still in the driver's seat. BUT HERE'S THE REALITY CHECK: EIA weekly data dropped yesterday. Crude inventories BUILT 8.53 million barrels. Market expected a 200K draw. Massive miss. This is the oversupply thesis in action. Demand destruction. Builds stacking up. Yet price rallied on geopolitical noise. OPEC+ holding output through March. They're trapped. Can't increase without crushing prices. OUR READ: $65 is the ceiling we've called for weeks. This rally is borrowed time. Iran premium will fade like it did in Week 3. EIA $52 average forecast. We're 25% above that. Mean reversion coming. OUR POSITION: $65 is the exit. Short here. Target $52. NATURAL GAS UPDATE: EIA storage report drops today at 10:30am. Market expecting another significant draw. Context: Last week's 360 Bcf withdrawal was the largest ever recorded. Storage now 27 Bcf below 5-year average at 2.46 Tcf. EIA projects inventory ending March below 1.9 Tcf — 8% below forecasts. Henry Hub holding above $3.00 support. The bounce from oversold continues. OUR POSITION: Any pullback to $3.00-$3.25 is accumulation. EIA sees $4.30 avg. We see $4.50+. Trade the data. Not the headlines. For energy opportunities: [email protected]

Welcome to Energy Markets Daily. Monday, February 9, 2026 — Strategic Positioning: Week 7. WEEK 7 OPENS. The decoupling thesis enters its seventh week. Every call confirmed. Now we execute. CRUDE OIL UPDATE: WTI pulled back from $65. The $63-64 resistance zone held again. EIA forecasts $52 average for 2026 — we're trading at a 25% premium. Mean reversion coming. OPEC+ trapped. Production freeze through March. 1.65M bpd cuts held. They cannot increase without crushing prices. US-Iran nuclear talks ongoing. Any deal brings Iranian barrels back. Bearish crude. OUR POSITION: Short rallies toward $65. Target $52. NATURAL GAS UPDATE: Henry Hub crashed to $3.21 on February 9. This is the pullback we wanted. Record 360 Bcf withdrawal week ending Jan 30 — largest ever. Storage now 1.1% below 5-year average. That's bullish. Golden Pass LNG online mid-2026. European storage below norms. OUR POSITION: $3.21 is accumulation territory. Target $4.50+. Trade the data. Not the headlines. For energy opportunities: [email protected]

Welcome to Energy Markets Daily. Thursday, February 5, 2026 — Market Update. CRUDE OIL UPDATE: WTI pulled back to $63.20, consolidating after Monday's 5% crash. The bounce stalled exactly where we said it would. $63-64 resistance holding. EIA Weekly Petroleum Status Report dropped. Crude inventories down 3.5 million barrels to 420.3 million. 4% below the 5-year average. Sounds bullish? Wrong. Here's what matters: Gasoline inventories jumped 700,000 barrels to 257.9 million. Highest level since June 2020. Demand destruction. Distillates down 5.5 million barrels to 127.4 million. Refinery utilization dropped to 90.5%. OPEC+ holding the line through March. They're trapped. EIA projects WTI averaging $52 for 2026. We're at $63. That's a 17% premium to fair value. Sell the rips. NATURAL GAS UPDATE: Henry Hub at $3.46, down slightly. Storage draw for week ending Jan 30 expected around 379 Bcf. Massive. LNG flows to major terminals averaging 18.3 bcfd in February, approaching December's record 18.5 bcfd. Golden Pass LNG expected online mid-2026. EIA holds $3.50 avg for 2026, $4.60 for 2027. THE SETUP: Crude inventories falling but gasoline glut building. Demand weak. Gas supported by LNG ramp and storage draws. The decoupling continues. Trade the data. Not the headlines. For energy opportunities: [email protected]

Welcome to Energy Markets Daily. Wednesday, February 4, 2026 — Strategic Positioning. CRUDE OIL UPDATE: WTI bounced to $63.59 yesterday, up 0.6% after Monday's 5% crash. Bouncing off the zero Fibonacci level around $61.21. OPEC+ confirmed production pause through March. Saudi Arabia at 10.1M bpd, Russia at 9.57M bpd. 1.65M bpd voluntary cuts remain. They're trapped. US ramping Iran sanctions. Eight entities and nine vessels sanctioned Jan 23. Iranian drone shot down near US carrier in Arabian Sea. Tensions rising. Our position unchanged. This bounce is noise. $63-64 is resistance. Short rallies. NATURAL GAS UPDATE: Henry Hub at $3.34, up 0.73%. Milder temps through mid-Feb pulling prices back. Storage ending winter at 2,000 Bcf, 9% above 5-year average. Output hit 111.6 bcfd. LNG exports near record. Our position: $3.30-$3.50 is the accumulation zone. Weather pulled us back. Gift. Add here. THE DECOUPLING: Crude trapped by oversupply. Gas supported by LNG ramp. Short crude rallies, add gas on dips. Trade the data. Not the headlines. For energy opportunities: [email protected]

Welcome to Energy Markets Daily. Tuesday, February 3, 2026 — Technicals. CRUDE OIL TECHNICALS: WTI pulled back hard. Down over 5% Monday, trading near $62.25 after hitting $66.51 swing high. US-Iran diplomatic shift and OPEC+ holding quotas triggered the move. Key levels. Support: $62.43 (38.2% Fib), $61.17 (50% Fib), $59.92 (61.8% Fib). The $60 psychological level is critical. Below that, $57 comes into play. Resistance: $66.51 swing high, then $66 zone. Moving averages: 100 SMA above 200 SMA confirms uptrend structure. But WTI flirting with close below 200-day MA. Indicators: Stochastic heading south from overbought. RSI above 50 midpoint but momentum fading. Pattern: Bearish double top forming. If $60 breaks, expect acceleration toward $57. NATURAL GAS TECHNICALS: Resistance at $3.80 (200-day SMA), $4.00 (prior high). Support at $3.476 (Dec 30 reaction), $3.26 (middle Bollinger). RSI normalizing after January overbought spike. Trade the levels, not the noise. For energy opportunities: [email protected]