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• Closing Oil & Gas Prices for Tuesday
  Benchmark U.S. crude oil for January delivery...
  Benchmark U.S. crude oil for January delivery rose 91 cents to $80.95 a barrel Tuesday. Brent crude for January delivery rose 91 cents to $88.36 a barrel.
  
  Wholesale gasoline for December delivery rose 10 cents to $2.54 a gallon. December heating oil fell 3 cents to $3.47 a gallon. December natural gas was unchanged at $6.78 per 1,000 cubic feet.
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• Energy Sector Commentary for Tuesday
  The energy sector is off to a higher start, supported by strength in the...

  The energy sector is off to a higher start, supported by strength in the crude complex and in the major equity futures.

  
  

  After four consecutive days of declines, WTI and Brent crude oil futures turned this morning, regaining ground amid comments from Saudi Arabia that OPEC+ was sticking with output cuts and could take further steps to balance the market. Their statement was echoed by other OPEC+ members UAE and Kuwait who also denied any talks on changing the latest OPEC+ agreement ahead of their next meeting on December 4th. The meeting is set to take place a day before the start of European and G7 measures in retaliation for Russia's invasion of Ukraine, which could support the market. Lingering global recession worries and concern about China's rising COVID-19 case numbers kept a cap on gains.

  
  

  Natural gas futures are down ~2% in early trading, pulling back from yesterday’s 7.5% rally on a slightly moderating forecast in key consuming regions and ahead of tomorrow’s storage report.

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• ☕️What Else is Brewing This Tuesday Morning
  The suspect in this weekend’s shooting at Club Q, a gay nightclub in Colorado Springs, will ...
  The suspect in this weekend’s shooting at Club Q, a gay nightclub in Colorado Springs, will face five murder charges and five hate crime charges.
  
  An earthquake in Java, Indonesia, left at least 162 people dead, and the death toll is expected to rise as more is learned about its impact on rural regions.
  
  Coinbase shares hit their lowest price ever yesterday as FTX’s implosion continues to rattle the crypto sector.
  
  Domino’s Pizza is buying a fleet of 800 Chevrolet Bolts and hoping the electric cars will help attract more delivery drivers.
  
  
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• Politics cast a shadow as World Cup games begin
  World Cup host country Qatar was probably hoping the controversies would end when the games began. But...
  World Cup host country Qatar was probably hoping the controversies would end when the games began. But as we’ve learned from any Thanksgiving gathering, you can’t escape politics even when the football comes on.
  
  The first full day of World Cup matches was laced with political overtones.
  
  Iran players join the protest. Players on Iran’s team did not sing the country’s national anthem before their match with England yesterday, breaking tradition. The team’s silence was interpreted as a display of solidarity with protesters across Iran demonstrating in response to the death of a young woman in police custody after she was detained for how she was wearing her hijab.
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• 🌖Orion Moon Update - Artemis Program
  Looking good, moon. Unlike the crypto market, NASA’s Orion spacecraft ...
  Looking good, moon. Unlike the crypto market, NASA’s Orion spacecraft reached lunar orbit yesterday and flew just over 80 miles above the surface. Orion’s journey is a key step in the space agency’s Artemis program, which aims to send humans back to the moon for the first time since 1972. If all goes according to plan, the next orbital flight will have astronauts aboard and will happen as early as 2024. Before the end of the decade, “we’re going to be sending people down to the surface and they’re going to be living on that surface,” asserted NASA Program Manager Howard Hu, who oversaw Orion’s launch.
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