Jack Wittels, Bloomberg, suggests that optionality inherent in moving oil and products around the world will decline when new clean fuel rules start
Permian Oil Boom Is Showing Signs of Overheating… Bloomberg
Kevin Crowley, Bloomberg, has a nice piece on the Permian oil boom, here...
European GDP comparison… WSJ
Here is a chart from the Wall Street Journal’s The Daily Shot which compares trajectories of European GDP since moving to the Euro:
Real interest rates moving up…
Here is the chart from the Fed’s FRED: Moving higher, but still not at pre-2008 levels...
Oil exports to China down to a trickle… WSJ
Georgi Kantchev and Rebecca Elliott, Wall Street Journal, comment on US exports to China which have declined sharply: All is not lost say the
Lessons from Howard Marks’ New Book… 25iq
I enjoyed 25iq’s take on Howard Marks’ new book, here... Here is one takeaway, but do read the whole thing, and check out at least one interview from
Natural gas storage to enter winter at lowest levels since 2005… EIA
The link is here...
Global fuel inventories… EIA
Here is what the EIA is saying about global inventories: “In 2018, EIA forecasts total global liquid fuels inventories to decrease by 200,000 b/d
The EIA on Iranian crude oil production…
From “This Week In Petroleum”, the EIA discusses assumptions on Iranian production, here: “The October STEO assumes that the effects of sanctions