Here is Carpe Diem’s famous chart on price changes:
From the IEA’s Oil Market Report Summary…
The IEA’s Monthly Oil Report can sometimes be dramatic, but this stuck out from the summary: ”The call on OPEC+ crude oil is set to reach 42.8 mb/d
Natural Gas Prices… WSJ
Joe Wallace, Wall Street Journal, summarizes what’s been going on in natural gas, here… ”Rampant demand in China is sucking in chilled cargoes of
OPEC+ production cuts, so far… Bloomberg
Julian Lee, Bloomberg, writes about the Saudi/UAE rift, here… The piece has a nice chart showing OPEC+ production targets up to now…
Wave of bullish bets on oil… WSJ
Hardika Singh and Amrith Ramkumar, WSJ, discuss speculative activity in oil, here… “The ratio of bullish bets on U.S. crude to bearish wagers surged
Oil price analysis in one sentance… Bloomberg
“Oil prices continued to swirl as traders tried to fathom how the clash inside the OPEC+ alliance will play out in global markets.” That is from
This Week in Petroleum… EIA
The EIA’s This Week in Petroleum has some excellent charts that help us keep perspective when looking at weekly numbers… Here is a look at the
Economist Jason Furman is interviewed… Noahpinion
Here is a good interview with Economist Jason Furman by Noahpinion… ”The big surprise to me has been the strength of labor demand and the
WTI options update…
From QuikStrike’s Most Active Strike tool, via the CME, here is a look at the most active strikes from yesterday, post OPEC+ meeting… Volume was