Learn Energy Markets
Crude oil and natural gas can feel confusing because price, headlines, inventories, futures curves, and physical flows all move at different speeds. These guides explain the market mechanics behind Enerlytics in plain English.
Start with the basics, then learn how to check whether a move is bullish, bearish, or still unconfirmed.
Build the market map before you open the tool.
Enerlytics is the paid workflow layer. The free guides explain the concepts behind the workflow so traders, analysts, and serious learners know what they are looking at.
Crude Oil Basics
A plain-English guide to WTI, Brent, supply, demand, inventories, refining, trade flows, and futures.
Natural Gas Basics
How weather, storage, production, LNG exports, power burn, and regional constraints shape natural gas.
Why Oil Prices Move
A framework for separating price action, headlines, supply shocks, demand shocks, inventories, and risk premium.
How to Read the EIA Inventory Report
How to interpret commercial crude, Cushing, SPR, refinery utilization, products, imports, exports, and production.
Backwardation and Contango
What the oil futures curve says about prompt tightness, storage incentive, and market expectations.
Prompt Spreads
How M1/M2, M1/M3, and M1/M6 spreads help confirm or contradict crude price moves.
Tanker Flows and AIS
How vessel movement, anchoring, speed, rerouting, chokepoints, and AIS limitations fit crude-market analysis.
Crude-on-Water
Why barrels in transit matter and how crude-on-water fits inventory, flow, spread, and price confirmation.
Geopolitical Risk and Headline Premium
How crude prices can react to geopolitical headlines before physical disruptions are visible.
Oil Market Confirmation Workflow
Price moved - but is it confirmed? A repeatable framework for bullish, bearish, mixed, and no-edge reads.
Why "No Edge" Is Still an Answer
Why mixed evidence, low reliability, conflicting horizons, and noisy moves can make waiting the better read.
Model Signals and Accountability
How signal horizon, recent hit/miss behavior, reliability, and audit history decide how much trust a model deserves.
Turn the weekly report into a market read.
These dashboard pages connect the Learn guides to the live EIA workflow: crude stocks, regional storage, refining demand, trade flows, product demand, and natural gas storage.
Overview
See the weekly petroleum balance beside the crude move confirmation engine and headline crude-stock chart.
Crude Stocks
Track U.S. commercial crude stocks against the five-year range, with SPR and total crude context.
Cushing + PADD
Separate national crude moves from Cushing and PADD-level storage pressure.
Supply + SPR
Compare commercial crude stocks, SPR context, and U.S. crude production so supply changes are not flattened into one headline number.
Refining
Check refinery runs and utilization to see whether refiners are actually pulling more crude.
Imports / Exports
Read imports, exports, and net imports so inventory changes are not mistaken for lasting demand shifts.
Products
Compare product stocks and product supplied to see whether gasoline, distillate, and jet demand support the crude read.
Natural Gas Storage
Use weekly natural gas storage as the gas-side balance sheet for Henry Hub natural gas futures and gas-linked equities.
Founder-led breakdowns for the way energy markets actually move.
Scaling the Markets is Josh Scales' educational series on crude oil, natural gas, commodities, and market confirmation. The guides here expand on the same ideas: what moved, why it moved, what confirms it, what contradicts it, and what would change the read.
The Learn library is the written base layer. The video series will turn the same confirmation framework into market-close and weekly oil breakdowns.
Read current market notes