Strategic Positioning: Week 7

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]