Commodity Research Group (CRG) is an independent research consultancy specializing in base and precious metals, as well energy products. The Group
Natural gas prices…
From yesterday’s release of the EIA’s Short Term Energy Outlook, here is a look at heating degree days in November: prices responded by
Heating/cooling degree days… EIA
The always excellent Short Term Energy Outlook, released yesterday by the EIA, is chock full of information and interesting charts... Here is a look
Oil time spreads… EIA
From the EIA’s Short Term Energy Outlook, here...
Fund activity update… Kemp
The excellent John Kemp, Reuters, keeps us updated on fund activity in oil markets, here... ”The concentration on Brent and middle distillates,
Water Futures to Start Trading… Bloomberg
Here is Kim Chipman, Bloomberg: “Farmers, hedge funds and municipalities alike will be able to hedge against -- or bet on -- potential water
Refineries shutting down… WSJ
David Winning and Rebecca Elliott, Wall Street Journal write about refineries under pressure and shutting down, here... “Covid-19 is accelerating a
Unchanged GDPNow estimate from Atlanta Fed…
From +11.1% on Dec 1 to +11.2% on Dec 4, which includes today’s underwhelming jobs numbers... Note that consensus estimates are just under +4%... Here
Implied vol moves sharply lower post OPEC…
Here is barchart.com: