It’s always worthwhile to take a look at the Wall Street Journal’s “The Daily Shot” here... And, here are two of many interesting charts: This
OPEC net oil revenues… EIA
The EIA’s Today in Energy has some nice charts showing OPEC revenues here:
Hedge Fund Performance… Ritholtz
Barry Ritholz, Bloomberg, suggests some reasons why hedge funds have underperformed the S&P, here and here... His charts tell the tale:
Tale of Two Oil Markets (revisited)… Bloomberg
Here is Jessica Summers, Blooomberg, on the divergence of Brent and WTI oil prices: “Hedge funds’ net-long position -- the difference between bets
India buys less oil from Iran… Reuters
Market participants are trying to figure out how much Iranian oil will be sold after November... Here is Nidhi Verma, Reuters on Indian
100 million Euro loss in Nordic power market.. FT
Phil Stafford and David Sheppard, Financial Times, write, here: (my bold) “The catalyst for the trading loss was a series of backfiring bets on
Petroleum Supply/Demand Balance.. EIA
Here is the EIA’s take on petroleum supply/demand going forward:
Less crude, more products…
In This Week in Petroleum, the EIA shows a draw in US crude stocks, while gasoline and distillate stocks grow (distillates sharply):
Fund activity in oil… Kemp
John Kemp, Reuters, has this to say about fund activity in oil markets: ”Hedge funds and other money managers raised their combined net long