Here are some volume data for WTI options traded in the CME... July18 volume averaged 144,816 contracts per day, down 15.4% from July17... Year to
ERCOTexas surpassed all-time peak load in July… EIA
Here is what happened to the price: The link is here: https://www.eia.gov/todayinenergy/detail.php?id=36775
A bearish case for oil… Ed Morse/Financial Post
Ed Morse, Citigroup, makes a case for lower oil prices in an interview with the Financial Post, here... Here is one takeaway: ”“We’ve seen
Bigger Oil Pipelines Coming… WSJ
Rebecca Elliott from the Wall Street Journal has a nice piece on pipeline construction in Texas, here... Here is just one of many nuggets: “Morgan
Market leaders… The Economist
Here are the top performing stock markets in dollar terms, year to date, taken from The Economist’s “Markets” section, here... Norway, +10.6%;
Trouble with the curve… The Economist
The Economist explains why bond yields predict recessions here... ”AS NAMES for market phenomena go, “inverted yield curve” lacks a certain punch.
Rob Arnott talks with Barry Ritholz…
I found this podcast by Barry Ritholtz to be excellent... Here is a summary: ”This week, we chat with Rob Arnott, the founder and chairman
Americans are driving less… Daily Shot
The excellent Daily Shot at the Wall Street Journal has a nice chart that shows flagging gasoline demand:
US Oil stock levels… EIA
From today’s release of This Week In Petroleum, here is an overview of US oil stocks: And here are stock levels in Cushing, Oklahoma, the