Alex Longley, Bloomberg, writes about deep out of the money options trading in Brent oil, hereā¦ And, yes, the calls were not just bought, they were
WTI options updateā¦
WTI options were active yesterday with almost 130,000 calls tradingā¦ Be careful interpreting this as bullish sentimentā¦ Note that net open interest in
Oil pricesā¦ Bloomberg
Saket Sundria and Alex Longley, Bloomberg, discuss oil prices, hereā¦ āCrude is rallying on signs that inventories globally are falling sharply,
Very precious metalsā¦ Bloomberg
Elizabeth Behrmann, Bloomberg, has a nice piece on rare earth metals used in electric vehicles, hereā¦ āRare earths are emerging as another source
US energy trade lowers deficitā¦ EIA
From the EIAās Today in Energy: āIn 2020, the U.S. net merchandise trade value of energy productsāthe value of petroleum, natural gas, coal, and
Natural Gas Prices Surgeā¦ WSJ
From Ryan Dezember, Wall Street Journal: āIt is supposed to be offseason for demand, and prices havenāt climbed so high since blizzards froze the
Hurricane Ida, EIAās Short Term Energy Outlookā¦. EIA
The U.S. Energy Information Energy included the effects of Hurricane Ida on oil production in their Short Term Energy Outlook for Septemberā¦ Here is