Both the IEA Oil Market Report and the EIA Short Term Energy Outlook(STEO) were released today and neither report had much succor for any near term
US Demand on a Losing Streak
After nine straight months of growing demand vs year ago numbers,the EIA reported on Friday that November was the third straight month where demand
IEA REPORT: BEAR PARADE
Only an unrestrained optimist would find the IEA report as anything else but downbeat. The Agency went so far as to say that to the question of could
EIA Projects Significantly Lower Production for 4th Qtr 2016
While the annual projections of crude production by the EIA in the Short Term Energy Outlook often garner all the headline news its often instructive
COT Musings
The Commitment of Traders report released last week continued to show a liquidation of the net length in WTI futures and options by money managers.
Monthly Diesel Comment
Nearby diesel futures spent much of November on the defensive and it's difficult to chart a course whereby December will be all that much different.