From the EIA’s This Week in Petroleum: ”The trend in jet fuel demand is similar to overall trend in the number of passengers reported by the
Exxon’s plan for oil projects… Houston Chronicle
From Paul Takahashi, Houston Chronicle, here… ”While Exxon said it plans to focus on paying debt and returning more cash to shareholders through
Sweet/Sour spreads…EIA
From the EIA’s Today in Energy: ”One contributing factor to the widening spread between sweet and sour crude oils is the increasing
USA is number 1… Carpe Diem
In CO2 reduction over the past 10 years… From Carpe Diem…
Material Clout… The Economist
From The Economist, China’s influence on commodities…
US SPR update… EIA
The EIA’s excellent “Today in Energy” series provides a nice chart on why we don’t need so much oil in the Strategic Petroleum Reserve, here… ”On
Oil’s Black Friday… Bloomberg
Devils Krishna Kumamoto, Bloomberg, writes about Friday’s crash in oil, here… ”Then the options market kicked in. When prices fall heavily, banks
Jason Bordoff quote on the Saudis… Bloomberg
Matthew Martin and Javier Blas, Bloomberg, quote Jason Bordoff, here… ““Saudi Arabia is in a strong position,” said Jason Bordoff, dean of the
Options update…
Here is a look at the continuing pattern we have seen over the past few sessions… More calls than puts trading, a hefty rise in open interest and