Andres Guerra Luz and Jeffrey Bair, Bloomberg, write about the bump up in oil demand due to heavy Memorial Day travel, here... ”U.S. gasoline
RIN prices at all time highs… EIA
From the EIA’s Today in Energy: ”The prices of renewable identification number (RIN) credits—the compliance mechanism used for the Renewable Fuel
OPEC’s JTC supply/demand table… Reuters
OPEC’s Joint Technical Committee’s supply/demand table is on Reuters, here... “The JTC also revised global supply down by 200,000 bpd and now
Buttergate… The Economist
Amusing story from my favorite mag, The Economist, here... ”It was at the beginning of Canada’s lockdown last spring that Julie van Rosendaal, a
WTI calendar spreads trade… CME
Some large trades in WTI calendar spread options went through yesterday.. 5,000 July/Aug +.50 calls and 10,000 Aug/Sep +.50 calls traded, settling at
Gasoline prices, demand, inventories… EIA
From the EIA’s excellent This Week in Petroleum, here is a look at gasoline prices, demand (product supplied) and inventories:
Options update…
We continue to see a bullish look to WTI options flow with twice as many calls trading as puts and open interest increasing much more in calls than
U.S. natural gas supply/demand… EIA
Here is the EIA’s excellent Today in Energy: ”In the first four months of 2021, natural gas-fired generation in the Lower 48 states averaged 3,394
Leading indicators… Calculated Risk
The Calculated Risk blog updates some high frequency leading indicators, here...