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]

Welcome to Energy Markets Daily. Monday, February 2, 2026 — Strategic Positioning. Week 6 of 2026. CRUDE OIL: WTI trading at $65.21 as of Feb 1. EIA forecasts $51.42 average for 2026. Brent $56. OPEC says 1.4M bpd demand growth. IEA and EIA see surpluses. OPEC sees tighter markets. Someone's wrong. Our position: believe the glut. Rallies to $65+ are exits, not entries. NATURAL GAS: EIA projects $3.50 average 2026. Storage at 2,823 Bcf as of Jan 23. LNG exports ramping 9% in 2026. Our position: $3.50-$4.00 is the accumulation zone. Don't chase $5 spikes. THE DECOUPLING: Crude trapped by oversupply. Gas supported by LNG export demand. Short crude rallies, accumulate gas on dips. Trade the data. Not the headlines. For energy opportunities: [email protected]

Welcome to Energy Markets Daily. Friday, January 30, 2026 — Geographic Feature: Texas. This is a pre-recorded episode. We'll be back with daily updates Monday, February 9th. TEXAS: America's energy engine. Permian Basin produced 6.6M bpd in 2025, flat forecast for 2026. Natural gas at 20.9 Bcf/d, up 12% YoY. The challenge: EIA forecasts WTI at $52/bbl vs Permian breakeven of $61-62/bbl. Growth stalls. The basin that broke OPEC pricing power is now price-sensitive itself. Energy Markets Daily returns with daily updates Monday, February 9th, 2026. Trade the data. Not the headlines. For energy opportunities: [email protected]

Welcome to Energy Markets Daily. Thursday, January 29, 2026 — Geographic Feature: Caribbean. This is a pre-recorded episode. We'll be back with daily updates Monday, February 9th. THE CARIBBEAN: Oil boom meets renewable transition. Guyana excluded from regional forecasts due to dramatic production growth. Trinidad remains the LNG anchor. CARICOM targets 47% renewable penetration by 2027. 100% renewables by 2035 is feasible and cheaper than fossil imports. Watch how capital flows between hydrocarbons and clean energy. For energy opportunities: [email protected]

Welcome to Energy Markets Daily. Wednesday, January 28, 2026 — Geographic Feature: Saudi Arabia. This is a pre-recorded episode. We'll be back with daily updates Monday, February 9th. SAUDI ARABIA: The world's swing producer. Aramco maintains 12M bpd maximum sustainable capacity. Abandoned 13M bpd expansion plans. Extraction costs: $2/bbl for oil. Spare capacity estimated at 2M+ bpd. OPEC+ cuts keep production well below capacity. When OPEC+ unwinds cuts, Saudi capacity determines the floor. For energy opportunities: [email protected]

Welcome to Energy Markets Daily. Tuesday, January 27, 2026 — Geographic Feature: Germany. This is a pre-recorded episode. We'll be back with daily updates Monday, February 9th. GERMANY: Europe's largest economy navigating a complex energy transition. Renewables now supply 52% of electricity. Target: 650 GW by 2040. Industrial electricity price cap at 5 euro cents/kWh from 2026. Nuclear gone April 2023. Coal phase-out by 2038. The scale of capital deployment creates opportunities in hydrogen, renewables, and grid infrastructure. For energy opportunities: [email protected]

Welcome to Energy Markets Daily. Monday, January 26, 2026 — Geographic Feature: Namibia. This is a pre-recorded episode. We'll be back with daily updates Monday, February 9th. NAMIBIA: Africa's next oil frontier. The Orange Basin is delivering world-class discoveries. TotalEnergies Venus estimated at 5.1 billion barrels in place. Shell's Jonker at 2.5 billion barrels. Total basin: 11 billion barrels oil plus 9 Tcf gas discovered. The challenge: high gas-to-oil ratios complicate economics. Watch TotalEnergies' late 2026 FID on Venus. For energy opportunities: [email protected]

Welcome to Energy Markets Daily. Friday, January 23, 2026 — Weekly Recap. Week four of 2026. CRUDE OIL: WTI opened Monday at $59.39, bounced to $60.50 mid-week, then collapsed to $59.33 Friday (-1.96%). Brent in low $63s. IEA: 3.8M bpd surplus 2026. EIA: +3.6M bbl BUILD vs draw expected. Ukraine-Russia peace talks pricing in sanctions relief. Kazakhstan exports easing. Crude is trapped. NATURAL GAS: Historic week. Henry Hub EXPLODED 70% to highest since 2022. Brutal cold snap: Midwest, Great Lakes, Northeast. Demand 128.7 Bcf/d vs 119.8 prior. Freeze-off risks. Weather-driven, not structural. Take profits near $5, add on pullbacks to $3.50-$4.00. THESIS: Short crude, long gas on pullbacks. Decoupling executes. For institutional energy opportunities: [email protected]