What can we tell about the market by looking at option strikes ranked by open interest? Below is a snapshot of the top 20 strikes, puts and calls…
Gasoline demand… EIA
From the EIA’s Today in Energy, here is the 4-week average of implied gasoline demand… Let’s see how this unfolds over the summer:
Hedging results, US oil producers… EIA
From the EIA’s This Week in Petroleum, a look at hedging results:
Demand takes a holiday… EIA
Here is the supply/demand table from the EIA’s Weekly Petroleum Status Report… Note in the Products Supplied section that 4-week average total implied
Nordic power plunges… Oilprice.com
Michael Kern, oil price.com, has a piece on Nordic power prices, here… “While Germany and France are grappling with record electricity prices amid
Estimated at -2.1 for 2Q22, here…
Natural gas update… Bloomberg
Here are selected natural gas prices in a chart from Bloomberg:
Refinery shutdowns in the US… RBN Energy
The excellent RBN Energy has a great piece on refinery shutdowns, here…
Giving up on the apocalypse so soon?
From QuikStrike’s excellent Most Active Strike tool, here… Dec22 $200 calls were the most active strike yesterday, 7,872, with a net 4,391 liquidation