From the EIA’s This Week in Petroleum here is a look at stock levels and days supply (stocks/daily demand) for crude, distillates and gasoline...
Bitcoin correlations… CME
From the CME’s excellent cross-asset correlation tool, we can get a look at what Bitcoin is moving with... +.30’s with gold, silver, S&P, Euro,
Daniel Yergin on the oil market… WSJ
The excellent Daniel Yergin has a piece in the Wall Street Journal on the oil market, here.. ”What will recovery mean for oil demand? The one case
Jet fuel market “battered”… Bloomberg
Jeffrey Bair, Bloomberg, comments on a still battered jet fuel market, here... ”Traffic is “still about 63% less than last year,” Bloomberg
3 reasons why oil could rally… Oil Price
Alex Kimani, Oilprice.com, lays out a bullish case for oil, here... “#1. Covid-19 Vaccines A big reason why the energy sector ranks has emerged as
Larry Summers on the stimulus bill… Bloomberg
Larry Summers has an excellent piece on the stimulus bill, here... “The data are striking. Total employee compensation is now running only about $30
Agriculture Industry, carbon… WSJ
Jacob Bunge, Wall Street Journal, has a nice piece of farmers using their lands as a carbon sink in order to earn cash, here... “U.S. farmers make
Major asset returns… Charlie Bilello
Here is Charlie Bilello’s “quilt” of major asset returns... As a commodities guy, I guess I should feel depressed... These are long only strategies:
Forecasting the stock market… NYTimes
Jeff Sommer pans the Wall Street experts who forecast the stock market, here... “It would be unfair to highlight the forecasts for this bizarre year