The Employment Cost Index was released this morning and was up 0.6 for the quarter and up 2.6 y/y: Here is the
Venezuela’s oil exports to the US are fading fast… Petroleum Economist
Here is Justin Jacobs at the Petroleum Economist: ”Venezuela's crude exports to the US are having their worst month in 30 years as the country's
Hedge Funds Bet Big on Oil… Bloomberg
Record bullish bets by hedge funds, from Bloomberg:
West Canadian Select vs. WTI… WSJ
Vipal Monga and David George-Cosh of the Wall Street Journal do a nice job explaining regional differences in pricing of two different crude streams,
Chartbook… John Kemp, Reuters
John Kemp, Reuters, has an excellent chart book illustrating the tightening of crude oil stocks... Here is one showing Brent and WTI, month one minus
US Oil production… CarpeDiem
US oil production, from CarpeDiem : More production data can be found at the EIA’s site, here:
China shifts to gas… WSJ
Sarah McFarlane and Nathaniel Taplin have a nice piece in today’s Wall Street Journal on China’s move out of coal into natural gas: ”China’s smog
Hedge funds still bullish oil… Kemp/Reuters
John Kemp at Reuters has a chart book using data from the CFTC’s Committment of Traders Report and ICE, none more telling than this one: Here
The World Economies Are Growing… WSJ
It doesn't happen often, but economies of 45 countries tracked by the OECD are growing: "From 2012 to 2016 the global economy grew only







