Devils Krishna Kumamoto, Bloomberg, writes about Friday’s crash in oil, here… ”Then the options market kicked in. When prices fall heavily, banks
Jason Bordoff quote on the Saudis… Bloomberg
Matthew Martin and Javier Blas, Bloomberg, quote Jason Bordoff, here… ““Saudi Arabia is in a strong position,” said Jason Bordoff, dean of the
Options update…
Here is a look at the continuing pattern we have seen over the past few sessions… More calls than puts trading, a hefty rise in open interest and
East Coast Refinery Economics… RCE
Gordon Tomb, Real Clear Energy, explains the regulatory issues that may push east coast refineries out of existence… “Among the worries is
Coal power plants in Europe big winners… WSJ
Joe Wallace, Wall Street Journal, has an excellent piece on the profitability of coal burning power plants in Europe, here… ”The divergence means
Euro Carbon Permits Rise to Record… Bloomberg…
Rachel Morison and Will Mathis, Bloomberg, cover the record price of European carbon permits, here: ”European carbon futures climbed to a record,
Monthly Oil Report… IEA, Reuters
Noah Browning, Reuters, has a nice summary of the IEA’s monthly Oil Market Report, released today… ”"The world oil market remains tight by all
WTI options update…
Rarely do we see a strike trade over 10,000 times in WTI options, but yesterday we had
Refiners, RINS… Reuters
Jarrett Renshaw and Stephanie Kelly, Reuters, have a nice piece on the continuing saga of blending biofuels with gasoline, here… ”U.S. merchant oil