Archive - HFI Research

(WCTW) Show Me The Incentives And I'll Show You What Happens To Oil Prices

“Show me the incentive and I’ll show you the outcome.” ~ Charlie Munger

Nov 3 • HFI Research

October 2026

(WCTW) Non-OPEC Supply Growth Isn't Coming To The Rescue For The Global Oil Market

The energy community has been so focused on the conflict in the Strait of Hormuz that everyone is missing a bigger theme unfolding: the end of non-OPEC…

Oct 29 • HFI Research

Here's My Game Plan For The Oil Trade (October 27)

Please see the previous game plan articles:

Oct 28 • HFI Research

Where Is The Bottom For Natural Gas?

Natural gas prices have been obliterated over the past week, as early November forecasts point to one of the warmest starts on record.

Oct 26 • HFI Research

(Important) First Principles: It Was Always Crude Oil

I think the market had its fun now.

Oct 23 • HFI Research

Memo - Let The Bloodbath Begin

Free subscribers can use the 1-time unlock feature to read it.

Oct 22 • HFI Research

The Oil Math Is Coming Home To Roost

Things are heating up.

Oct 22 • HFI Research

(Idea) We Are Going To Add This Energy Stock To The HFI Portfolio

For those of you who have followed our investment process closely over the past few years, you will have noticed that we don’t add stock ideas very…

Oct 21 • HFI Research

Here's My Game Plan For The Oil Trade (October 19)

Please see the previous game plan articles:

Oct 19 • HFI Research

How High Can Oil Prices Go?

At HFIR, our approach is to develop a thesis, test it, set post-mortem signals, and then pivot if needed.

Oct 15 • HFI Research

(Public) Memo - I Just Don't See How This Ends Well At All

This article is public.

Oct 14 • HFI Research

Here's My Game Plan For The Oil Trade (October 12)

Please see the chronological order of the oil trade game plan write-ups:

Oct 12 • HFI Research

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