Commodity Research Group (CRG) is an independent research consultancy specializing in base and precious metals, as well energy
IEA oil report summary… Reuters
Noah Browning, Reuters, summarizes today’s release of the IEA Oil Market Report, here… ”A global energy crunch is expected to boost oil demand by
Oats?
Mares eat oats and does eat oats but probably less so, now:
Privately owned operators leading increase in US oil production… Bloomberg
David Wethe, Kevin Crowley and Sergio Chapa, Bloomberg, have a nice piece on where the increase in US oil production is coming from, here… ”Oil
Jack Schwager, Market Wizards, interview…
I read all of Jack’s Market Wizards books and loved them all… Barry Ritholtz interviews him
Nat gas volatility update…
Scott DiSavino, Reuters, points out that natural gas implied vol is at record levels, here... " Volatility in U.S. natural gas futures jumped to a
Dec 2022 Brent $200 calls trade on Wednesday… Bloomberg
Alex Longley, Bloomberg, writes about deep out of the money options trading in Brent oil, here… And, yes, the calls were not just bought, they were
WTI options update…
WTI options were active yesterday with almost 130,000 calls trading… Be careful interpreting this as bullish sentiment… Note that net open interest in
Oil prices… Bloomberg
Saket Sundria and Alex Longley, Bloomberg, discuss oil prices, here… ”Crude is rallying on signs that inventories globally are falling sharply,