Daniel Yergin has an excellent piece on the destruction of Venezuela’s oil industry, here... ”Venezuela has the largest proven oil reserves in the
Oil option market is quiet…
Not much to say about oil options these days, except the market is extremely quiet… Where is the volume? WTI crude options averaged only 118,514
OPEC Supply Management Policy… Bloomberg
Julian Lee, Bloomberg, writes on the difficulty implementing OPEC oil policy and finding balance, here... “Saudi production levels — which are
The Daily Shot with some oil pics… WSJ
Here is the site...
Sweet/sour crude spread… Bloomberg
Javier Blas, Bloomberg, discusses the sweet/sour crude oil spread, here... More sweet (increase in US oil production) and less sour (Venezuela,