So far, the high implied vol mark for the year was made on Jan 2:
WTI options fact of the day…
Over the weekend, about 100,000 October calls went in the money... At least 76% of these were likely given up for dead as they expire on Sep 17 (which
Average is over, GDP edition… Marginal Revolution
From Marginal Revolution...
How David Swensen Made Yale Fabulously Rich… Bloomberg
Over the years, I have learned a lot by reading Yale’s annual endowment reports and Swensen’s books... Here is Drake Bennett, Janet Lorin and Michael
Saudi Aramco Drone Attack Latest… Bloomberg
Nayla Razzouk and Javier Blas, Bloomberg, update us on the drone attack, here... “For the global oil market, the 5.7 million barrels a day outage
More from OPEC’s monthly…
Here is more from the recent Monthly Oil Market Report put out by OPEC... Supply/Demand balances show the potential for stock builds in 2020 even if
OPEC’s monthly Oil Market Report…
The monthly Oil Market Report from OPEC is always worth a look... Here is a chart with their revisions of non-OPEC supply for 2019 and 2020... The
US natural gas reaches new record despite low prices… EIA
From the EIA’s, Today in Energy, here... ”U.S. natural gas production continued to increase in August, setting a new daily production record of
Canada’s Oil Market, US Demand… WSJ
Villa Monga, Wall Street Journal, has a nice piece on heavy Canadian crudes finding demand in the US due to the embargo placed on Venezuela,