Here is the supply/demand balance from the EIA’s Short Term Energy Outlook released earlier this week: Note the expected stock draw for this
Podcast: June 2019 Oil Market Analysis
Commodity Research Group (CRG) is an independent research consultancy specializing in base and precious metals, as well energy products. The Group
Just How Tight is the Labor Market?… WSJ
Jeffrey Sparshott, WSJ, charts the JOLTS data, here...
Expecting surplus oil in 2020… Bloomberg
Javier Blas, Bloomberg, summarizes expectations for oil stocks in 2020, here... “S&P Global Platts, the owner of what was previously named PIRA
U.S. Crude Oil Enters Bear Market Due to Global-Growth Fears… WSJ
Why do financial news organizations insist on describing markets that drop by 20% as entering bear markets? Was there a memo that went out? Are they
WTI options update…
Options were active yesterday as you can see from a snapshot below of the CME’s Most Active Strike tool... On the the last two sharp down days,
3-month Treasury bills vs. 3-month bills’ futures… WSJ
From today’s Real Time Economics (WSJ), here...
Ed Morse, Citi, makes the bullish case for oil… Houston Chronicle
$78 Brent is possible and soon says Ed, here... ”Supply risks, rising demand over the northern summer, light fund positioning and a tight physical
The US expansion in perspective… WSJ
Jon Hilsenrath, Wall Street Journal, gives us a nice look at the current economic expansion compared with others, here...