From the EIA’s This Week In Petroleum, here… ”Renewable diesel is often produced at a biorefinery or by co-processing at a petroleum refinery.
Chinese bitcoin miners flee to Kazakhstan… Bloomberg
Will Mathis, et. al., Bloomberg, have a nice piece on Bitcoin miners, here… “Cheaper power is the reason China’s neighbor, Kazakhstan, has become a
Goldman cuts Q3 Brent forecast… Reuters
Due to the delta variant… Here is Reuters: ”Goldman Sachs on Tuesday reduced its forecast for Brent crude oil to $75 a barrel for the third
China’s carbon trading… WSJ
Nathaniel Taplin, Wall Street Journal, summarizes China’s debut, here… ”The carbon market closed at 51.23 yuan, equivalent to $7.91, per metric ton
Oil volatility moves higher… WSJ
Joe Wallace, Wall Street Journal, discusses yesterday’s action in oil, here…
Carpe Diem’s chart of price changes…
Here is Carpe Diem’s famous chart on price changes:
From the IEA’s Oil Market Report Summary…
The IEA’s Monthly Oil Report can sometimes be dramatic, but this stuck out from the summary: ”The call on OPEC+ crude oil is set to reach 42.8 mb/d
Natural Gas Prices… WSJ
Joe Wallace, Wall Street Journal, summarizes what’s been going on in natural gas, here… ”Rampant demand in China is sucking in chilled cargoes of
OPEC+ production cuts, so far… Bloomberg
Julian Lee, Bloomberg, writes about the Saudi/UAE rift, here… The piece has a nice chart showing OPEC+ production targets up to now…