This is news? From the WSJ: "A weekend marathon of talks between major oil producers failed to finalize plans to implement an output cut,
Chartbook from CarpeDiem…
The CarpeDiem website posted some excellent charts related to energy... This one shows how little consumers spend on energy as a percent of total
OPEC and non-OPEC Oil Supply
The IEA releases its monthly Oil Market Report for non-subscribers about two weeks after the initial release on October 11...Here are two charts
OPEC deal skeptics… Bloomberg
Have we covered this yet? Here is Bloomberg doing the math: "In Algiers, OPEC agreed to reduce its production to a range of between 32.5 and 33
Short positions held by producers, merchants… EIA
From Today in Energy via the CFTC, here is a long term look at short positions held by producers and merchants through October
7 Tips for Interpreting Macro Data… Jason Furman
Furman does an excellent job on how to look at and interpret macro data here:
Brent spreads… Reuters
Oil timespreads tend to be traded from a fundamental perspective (meaning an analysis of supply/demand conditions), while flat price trading includes
Nigerian Oil Exports Rebounding… FuelFix
Here is the chart: And here is the site: http://fuelfix.com/blog/2016/10/20/market-currents-nigerian-oil-exports-rebounding/
US Oil stocks… EIA
Recent draws in US petroleum stocks can be put in perspective by the EIA's weekly chart showing stock levels compared with 5 year highs and