Still not much reaction to the Colonial Pipeline closure in the NY Harbor’s RBOB futures price: (from Barchart.com)... First is the RBOB futures
Podcast: May 2021 Oil Market Analysis
Commodity Research Group (CRG) is an independent research consultancy specializing in base and precious metals, as well energy products. The Group
JOLTS shows record job openings… Calculated Risk
From Calculated Risk, here is a look at today’s Job Openings and Labor Turnover Survey (for end of March):
Money managers get a bit longer petroleum… Kemp
John Kemp, Reuters, summarizes fund activity in petroleum, here... ”Hedge funds and other money managers purchased the equivalent of 40 million
Muted reaction to Colonial Pipeline disruption…
Here is a look at RBOB prices this morning including June/July... (from barchart.com)...
Corn is popping? WSJ
Ryan Dezember and Ryan Maltais, WSJ, have a nice piece on the corn rally with the headline, “Corn is the Latest Commodity to Pop”, here... ”Farmers
Returns of selected asset classes… Validea
From Validea, here...
It’s hard to stay on top…
From Novel Investor, here, Warren Buffet makes the point at Berkshire’s annual meeting:
Kemp on U.S. petroleum stockpiles… Reuters
John Kemp, Reuters, discusses normalized petroleum stockpiles, including an excellent chartbook, here...