From the NYTimes' Dealbook: "And as these firms have grown, so has the demand for a new breed of Wall Street trader β one who can build financial
Veterans of 1980s oil glut say…. Reuters
Here is a Reuters article quoting some oil market veterans who suggest this slump could last and prices may even move lower:
“Oil is so cheap…
even pirates aren't stealing it anymore"... From Quartz (http://qz.com/619281/oil-is-now-so-cheap-even-pirates-arent-stealing-it-any-more/), "βWith
Baker Hughes rig count…
via Business Insider (http://www.businessinsider.com/baker-hughes-rig-count-february-19-2016-2)... I get the efficiency argument, but can the
WTI Option Notes…
Here is an updated implied volatility chart through Friday's settlement prices: Note that the recent high made on Feb 12 was 79.2 (based on second
Bottom picking, equity markets… WSJ
The WSJ reports that bottom picking in energy equity markets via new offerings is alive and well... Here are some results from last year: "Of 58
Selected world gasoline prices…
From a story on Venezuela's move to raise gas prices, in USA today
ARA distillate stocks, US gasoline stocks via EIA…
This Week in Petroleum tells it with charts: "Europe, like the U.S. East Coast, is experiencing a relatively warm winter. In addition to the
EIA on US oil production in Gulf of Mexico…
"U.S. Gulf of Mexico (GOM) crude oil production is estimated to increase to record high levels in 2017, even as oil prices remain low. EIA