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Latest news

Supply/Demand balance… EIA

The EIA assumes a 500,000 bpd cut in OPEC production throughout all of 2020 in their December Short Term Energy Outlook released yesterday... Here is

Vol update…

Here is a chart based on implied volatility, WTI crude, second nearby, at the money option... Front month options (Jan) settled at 25.0 on Friday down

China reminder… WSJ

From The Wall Street Journal’s The Daily Shot... China’s economy is still growing:

Options snapshot… CME

Here is a snapshot of yesterday’s option volume... Note that open interest in puts climbed much more than calls... And, while we don’t know for sure,

Carbon risks, stock prices… Bloomberg

Peter R. Orszag, Bloomberg, writes on a couple of studies showing that financial markets are taking account of carbon risk, here... Keep in mind that