Stanley Reed, NY Times, has a nice piece on the Saudi-Russian alliance and the coronavirus, here... On getting to an agreement to cut: “Saudi
Term structure of oil… CME
From the CME, here is a look at the oil curve, along with the implied vol curve...
Petroleum/non-petroleum trade deficit… WSJ
From the Wall Street Journal, here:
China energy executives braced for 25% fall in domestic oil demand… FT
Sun Yu, Anjli Raval and David Sheppard, Financial Times, paint a bleak picture on the prospects of oil demand in China, here...
Flurry of changes in Texas Gulf gas markets… RBN
Jason Ferguson, RBN, has an excellent piece on natural gas flows in Texas, here... In it he explains the rapidly changing flows and basis levels of
Chinese oil demand… Bloomberg
“Chinese oil demand has dropped by about 3 million barrels a day, or 20% of total consumption, as the coronavirus squeezes the economy, according to
WTI price vs. implied, historical vol, diesel…
Here is a look at recent crude oil prices with implied and historical vol, from barchart.com: And, the diesel/WTI crack:
Peak oil demand in the US?… Carpe Diem
Peak energy demand in the US? The chart is from Carpe Diem, here...
Jason Bordoff interviews Bob Dudley, CEO BP… Columbia Energy Exchange
The link is here... And here are the Episode Notes: ”The past decade has been a turbulent one for the London-based oil and gas major BP, from the