Vipal Monga, Wall Street Journal, points out that less gasoline demand means less ethanol and less carbon dioxide... ”Carbon dioxide is a byproduct
Oil, products in floating storage… WSJ
From the Wall Street Journal’s The Daily Shot:
A bizarre bazaar… The Economist
Iran's stock market is going wild, from The Economist: "Yet, somehow, the Iranian stockmarket is booming. Its main index, the Tedpix, has soared
Less supply, more demand… WSJ
David Hodari, Wall Street Journal, explains the oil rally, here... ““We didn’t see tank tops at Cushing. Instead we’ve seen phenomenal levels of
WTI implied vol update…
For perspective, here is my long term chart of implied volatility for WTI options (based on at the money, second nearby options)… No new normal, no
Active rigs in US at lowest on record… EIA
The EIA in Today in Energy focuses on US oil and gas rig counts, here... ”Changes in the number of oil rigs have historically followed changes in
One month later…
What a difference a month makes... Here is a chart from Barchart.com showing the June/July WTI spread:
Six High Frequency Indicators… Calculated Risk
Calculated Risk has a nice post showing some economic indicators, here...
Supply/demand in a chart… EIA
This chart is from the EIA’s Short Term Energy report...