Commodity markets move fast. Too fast for most people’s comfort. Prices jump, then they crash, and half the time you’re left wondering why. Somewhere far from your desk, deep in the world of exploration and production, there are signals. They are not magic, but they can tell you a lot before the market even reacts.
A rig count here. A production number there. These things seem boring at first glance, yet they can quietly steer prices. If you see U.S. crude pumping at record highs in 2024 and stil
