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Jim Colburn

July 24, 2017

World economic growth remains on track… IMF

The IMF released its World Economic Outlook Update this morning... World GDP is expected to grow by 3.5% in 2017 and 3.6% in 2018... While these

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July 23, 2017

Libya, Nigeria Oil Output Caps Ruled Out for Now… Bloomberg

I'm not sure if this Bloomberg story is bullish or bearish: "Nigeria is ready to cap or even reduce supply if it can maintain output of 1.8 million

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July 22, 2017

Gas everywhere… WSJ

Spencer Jakab writes about gas production outstripping takeaway capacity in the Marcellus region in the Wall Street Journal... "Before the shale

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July 21, 2017

Why Oil Prices Aren’t Going Anywhere… OilPrice.com

Nick Cunningham, at OilPrice.com, suggests that the data is mixed enough to give bulls and bears plenty to make a case: "One can find whatever they

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July 20, 2017

Commodities are having a tough year… WSJ

From today's Wall Street Journal:  

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July 19, 2017

Real time prices of power, New York State… NYISO

Yeah, it's hot outside... These are locational based marginal prices for power in different parts of New York as of 5:14

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July 19, 2017

Stock levels… EIA

Here are the stock levels for crude oil, distillates and gasoline outright and as "days supply" from the EIA's This Week in Petroleum: Crude oil is

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July 19, 2017

Venezuela’s National Oil Company on Its Last Legs… OilPrice.com

From Luis Colasante, at OilPrice.com: "In the last ten years, Venezuela crude oil production has lost more than 500 thousand barrels per day. Since

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July 15, 2017

NY and Atlanta Fed GDP Nowcast updates…

Updated to include Friday's economic data, New York is steady at +1.9 GDP growth for 2Q, while Atlanta is now at +2.4%, a new low: Here are

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