The Wall Street Journal reports on today’s release of the IEA’s monthly oil supply/demand report: ”Shale producers “cut costs dramatically” during
The IEA’s Oil Market Report is out…
The summary is here... ”Our demand growth estimate for 2017 remains strong at 1.6 mb/d, reinforced by November data for the US. For 2018, the more
Big batteries as peaking plants… WSJ
This article from today’s Wall Street Journal, by Russell Gold, discusses the use of batteries to store power and release it during peak demand
Trading market volatility… Financial Times
Joe Rennison, Robin Wigglesworth and Miles Johnson describe what happened to vol traders here... Note the increase in “vega” over
Jill Mislinski, Advisor Perspectives on gasoline consumption…
Jill Mislinski, at Advisor Perspectives, posts some interesting charts on gasoline consumption which show a sharp decline in per capita consumption...
Our latest podcast on Energy Markets…
EIA expects an oil market in balance…
Despite the recent increase in estimates of US oil production, the EIA is only looking for a build in world inventories of .2 mbd for 2018 and
Volatility in crude oil is up, but not that much…
Here is an implied volatility chart based on at the money strikes, using the second nearby option (the current data is based off of options on April
Crude Oil/Dollar Correlation…Market Realist
Gordon Kristopher at Market Realist includes an interesting chart on the dollar vs. the price of crude oil: Eyeballing this chart suggests that