Here is a look at a WSJ survey of investment banks' oil price estimates: Here is the link:
“Teapot” refineries… WSJ
The Wall Street Journal has a nice discussion on "teapot" refineries in China
Economist James Hamilton looks at some oil trends…
Here is the link: http://econbrowser.com/archives/2016/05/trends-in-oil-supply-and-demand Not much new, but I liked this chart, showing a flattening
Production outages…
From the WSJ, http://www.wsj.com/articles/fueling-oils-push-to-50-fear-is-back-1464427980: "About 3.5 million barrels a day worth of production is
Crude oil implied volatility plummets…
Here is the chart: Implied volatility settled at 34.4 yesterday (based on at the money, second nearby month option), down from 79.2 on February
US distillate demand picking up…
After a seasonally warm winter, US distillate demand is now above 4 mid... Here is the chart from the EIA: And, distillate cracks have improved
GDPNow +.4 from previous estimate, 2Q…
Based on recent economic data released, the Atlanta Fed has increased its 2Q GDP estimate up .4 to +2.9%... "Latest forecast: 2.9 percent — May 26,
Technical Analysis, Jeff Degraff, podcast…
Excellent podcast on technical analysis here: http://www.bloomberg.com/news/audio/2016-05-20/interview-with-jeff-degraaf-masters-in-business-audio
Fed-ECB Divergence… DB via Ritholz…
From DB, via Ritholz http://ritholtz.com/2016/05/big-fed-ecb-divergence/