Paul Wallace, Bloomberg, writes about tightness in oil markets causing backwardation, here… “Oil posted a fourth-straight gain last week, its
Options update…
A monster trade… 25,000 Dec22 WTI $114/$115 what we hear were call spreads traded yesterday, settling at $.06… What is interesting is that without
Podcast: January 2022 Oil Market Analysis
Commodity Research Group (CRG) is an independent research consultancy specializing in base and precious metals, as well energy products. The Group
German utilities, margin calls… WSJ
Hedging 101… A good example of the flow risk to hedging… A forward or futures hedge creates a potential cash flow mismatch... For producers, a rise in
Top 10 Best Performing Commodities… Oilprice.com
Alex Kimani, Oilprice.com, writes about the top 10 commodities in 2021, including an EV metals chart…
OPEC+ to add 400,000 bls?… likely not…. Bloomberg
Or so says Amrita Sen, Energy Aspects, as quoted in a Bloomberg piece written by Grant Smith, et. al.: “Just 130,000 barrels a day of additional
Investment quilt… Blackrock
Commodities’ long only strategies have been dismal over the past decade, but not last year… Here is Blackrock:
Daniel Yergin on CNBC…
The interview is here… For the last year, year and a half, it’s been OPEC+ running the show, but U.S. production is coming back
Mexico to stop exporting oil in 2023… Bloomberg
Amy Stillman, Bloomberg, writes: “Mexico plans to end crude oil exports in 2023 as part of a strategy by the nationalist government of Andres