The EIA’s Short Term Energy Outlook, here, has a nice chart showing some key oil spreads, with an explanation (my emphasis): “Even though total
Oil Drilling Spreads Across African Continent… Bloomberg
Paul Burkhardt, Bloomberg, writes: “In 2018, the number of oil and gas rigs in Africa reached a three-year high, according to Baker Hughes. There
ConEd gets approval for natural gas demand response pilot program… EIA
Rising natural gas demand meets no new gas pipelines... Here is the EIA: ”Con Edison estimates that, by the winter of 2023–2024, its firm pipeline
Hedge funds cut net length… Reuters
John Kemp, Reuters, shows us how much hedge funds have cut net length in petroleum positions, here...
Giving up on the Dec19 $100 call?
While traders’ motives can never be certain without direct knowledge, yesterday’s trading activity in Dec19 $100 calls seem to indicate some (or one)
Oil pipeline/refinery map.. CAPP
The Canadian Association of Petroleum Producers put out an excellent map, here...
US monthly crude oil production exceeds 11mbd in August… EIA
This from the Energy Information Agency’s Today in Energy, here: ”U.S. crude oil production reached 11.3 million barrels per day (b/d) in August
The Big Three… AEI
From the blog Carpe Diem, here:
Hedge Funds Lose Conidence in Oil… WSJ
While reading this article, I kept thinking, are hedge funds biased toward buying oil? Yes, the “long-only” strategies probably dwarf “short-only








