Infrastructure spending has become a favorite solution to sluggish economic growth... Ed Glaeser discusses myths and realities in an excellent
Saudi Bid on a Houston Oil Refinery… NY Times
The NY Times reports that the Saudis are bidding on Lyondell's Houston refinery: "The Saudi national oil company is making a bid to significantly
Highlights from IEA’s Oil Market Report…
The IEA released its monthly Oil Market Report... here are some highlights: "Global oil demand growth is slowing at a faster pace than initially
Matthew Klein, FTAlphaville on inflation…
Here is one quote, but read the whole thing:
Hedge Funds Temper Bullishness… Reuters
John Kemp, at Reuters, does an excellent job summarizing hedge fund activity in oil markets
Inventory draws, June 2017… EIA
From the EIA's Short Term Energy Outlook released earlier this week: "EIA estimates that global petroleum and other liquid fuels inventory builds
Yesterday’s sharp stock draw overdone… CNBC
Analysts interviewed by CNBC suggested that yesterday's EIA release showing a 14.5 million barrel draw in oil stocks is probably due mostly to weather
OPEC’s dilemma… WSJ
From the WSJ, OPEC's dilemma is this: "They want to boost crude prices to raise their revenue, but they don’t want to send prices so high that North
Goldman giving away pricing/risk management software… WSJ
Goldman has decided to give away its security pricing and risk management software: "Called Securities DataBase, or SecDB, the system remains