From the EIA’s “Today in Energy”: ”The Indian Point Energy Center (Indian Point) permanently stopped generating electricity on April 30, 2021, when
New positions increase in oil options…
Open interest in WTI options went way up yesterday on not heavy volume... The QuikStrike Most Active Strikes tool, via the CME, is here... The two
Diesel demand is strong… Bloomberg
Jeffrey Bair, Bloomberg, writes about diesel demand, here.. “Whether it’s champagne, Harley-Davidson motorcycles or new TVs, Americans keep buying
Options update…
Rarely do we see a strike trade over 10,000 times anymore, but on Friday, 11,030 July $80 calls traded... These expire on May 17th in a market that
Lumber, Bitcoin… WSJ
Akane Otani and Michael Wursthorn, Wall Street Journal, write about bull markets everywhere, here... ”Rarely have so many assets been up this much
Big Oil, cash flow…. Bloomberg
Laura Hurst and Kevin Crowley, Bloomberg, write about big oil’s improving cash flow, here... “After one of the most difficult years in the oil
Air travel increasing… EIA
From the EIA’s This Week in Petroleum: ”The number of U.S. air travel passengers has increased in recent weeks, which may be the result of normal
Cryptocurrencies… The Big Picture
From Irrelevant Investor via The Big Picture, here...
Asian demand down, Iranian supply up…
Joe Wallace, Wall Street Journal, discusses oil supply/demand focusing on declining demand in India and increasing supply from Iran, here... “Iran