Sunday Night Reversal. The Energy Report 09/21/2026

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Hedge Fund Managed Futures

Sunday Night Reversal. The Energy Report 09/21/2026

blog.pricegroup

1 week ago

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We finally got a little air in this diesel-squeezed market. Oil came off last night after reports of more barrels moving through the Strait of Hormuz and President Trump talking about a possible off-ramp in the Iran fight. That’s the Sunday-night reversal traders needed after weeks of living on a war premium.
The diesel crack is still the real story. After hitting $110.28 overnight it pulled back to about 10 three and change them is now back above 104.00 .We’re short refining capacity, and Ukra...

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