The article suggests that Mexico's oil price will be covered at $38: "The ministry said the government spent $1.03 billion on put options that cover
Crude oil implied vol update…
Implied volatility for WTI crude oil futures settled at 33.4% on Friday... The long term average implied vol since options began trading on the NYMEX
Some real contrarian thinking… Business Insider
Jim Rogers is highlighted in this BusinessInsider article: ""If we all bought North Korean currency, we'd all be rich someday," Rogers
Updated inflation nowcast… Cleveland Fed
Here is the Cleveland Fed's inflation nowcast (love the nowcasts!) for Q3, updated yesterday: Even on a "core" basis, the Fed's inflation targets
Iran’s struggles to ramp up production… WSJ
The Wall Street Journal does a nice job laying out problems Iran has faced in an effort to ramp up oil production:
Housing Market Starting to Look Healthy… NYTimes
Yesterday's new homes sales report triggered this entry in the NYTimes blog Upshot: (http://www.nytimes.com/2016/08/24/upshot): "... a new report
A flow of funds explanation of oil prices… Reuters
Reuters' John Kemp uses flows of hedge funds to explain recent oil price movement
Noisy oil markets…
From a recent WSJ article (http://www.wsj.com/articles/crude-oil-prices-fall-as-hopes-for-production-cuts-fade-1471857989) here are some explanations
Crude oil disruptions in Nigeria… EIA
From the August 18th (I was on vacation) edition of Today in Energy from the EIA (http://www.eia.gov/todayinenergy/detail.cfm?id=27572): "Crude oil