A rare sighting of a strike trading over 10,000x… That would be the Sep 80 call with 10,148 trading, expires on August 17th… Vol declined by a point
Jet fuel stocks… EIA
From the EIA’s This Week in Petroleum (my bold): “Increasing U.S. air travel since the beginning of 2021 has contributed to increases in demand for
Canada Steps Up Carbon Capture Efforts… RBN
RBN Energy discusses the carbon capture efforts in Canada’s oil sands, here…
Renewables 2nd most electricity source in 2020… EIA
From the EIA’s Today in Energy: ”In 2020, renewable energy sources (including wind, hydroelectric, solar, biomass, and geothermal energy) generated
6% Global Growth… IMF
The IMF forecasts +6% growth for 2020… Here is the AP: “The International Monetary Fund is sharply upgrading its economic outlook this year for the
2Q GDP…
The first 2Q GDP estimate is scheduled July 29th, with consensus around +8%… Here is a look at Atlanta and NY Fed Nowcasts:
The volatility buster… Bloomberg
The always excellent Javier Blas, Bloomberg, quotes Saudi Oil Minister Abdulaziz: In his Bloomberg TV interview, Abdulaziz had said, “If I’m going to
Can Iran Avoid A Major National Uprising? OilPrice.com
Cyril Widdershoven, OilPrice.com, has a good piece on some civil unrest in Iran, here… ”While the protests are linked to water shortages, they are
US LNG exports… EIA
Here is a look at LNG exports from the EIA’s Natural Gas Weekly Update, here… “U.S. LNG exports increased in the first half of this year because of