Here are some takeaways from this morning's interview with Stephen Chazen, CEO, Occidental Petroleum (http://data.cnbc.com/quotes/OXY): "Asset
World’s cheapest stock markets…The Telegraph, via Ritholz…
Based on three measures, price/earnings, CAPE, and price/book, The Telegraph ranks world equity markets from cheap to expensive: Here is the link
WTI spread option volume is soaring…
Volume in options on one month WTI spreads (symbols WA and 7A) soared in March to 22,459 contracts per day, up 57% from March of last year... Year to
Russian oil output highest in 30 years… Reuters
Here is Reuters: "Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising
Unbalanced Fuel Demand… Reuters…
John Kemp, Reuters, discusses the problems refiners have due to unbalanced fuel demand
Emanuel Derman, Columbia University on mathematical models… Bloomberg
http://www.bloomberg.com/news/audio/2016-03-30/derman-no-simple-models-to-replace-bell-curve "Columbia University’s Emanuel Derman weighs in on the
More on gasoline demand… WSJ
As we have noted, demand for gasoline is picking up... Here is today's WSJ
Chart Book, EIA
Charts from This Week in Petroleum illustrate why some traders don't think we'll see crude prices much above the low to mid 40's yet... Crude stocks
Bond prices, oil and gas producers… WSJ
Here is a nice chart showing average bond prices of energy