I have some problems with many of these podcasts (mainly,it takes a while to get to the point!), but this is a good one... Keith Ross discusses
Global Surplus to Start Fading… IEA via Bloomberg
This chart from Bloomberg/IEA is telling: This is what the IEA is saying now (my bold): “There is no doubt as to the direction of travel for the
Oil-Freeze Deal Would Have Limited Impact on Market, Says IEA… WSJ
Agreed! "But in its closely watched oil-market report, the International Energy Agency said “any deal struck will not materially impact the global
Chart book…
Here are some charts from recent EIA publications.. The first three are from This Week in Petroleum (http://www.eia.gov/petroleum/weekly/), showing
US Imports of Oil by Country…EIA
From the EIA (http://www.eia.gov/todayinenergy/detail.cfm?id=25772): "Canada, America's largest crude oil supplier since 2004, sent a record-high
IMF downgrades outlook… WP
From Wonkblog (Washington Post): "The IMF now projects the world economy will grow 3.4 percent this year and 3.6 percent in 2017. That pace would be
Why no boost from lower oil prices…
The Econobrowser on why we don't see a boost to the economy from lower energy prices:
Energy as a percent of PCE… Calculated Risk
Energy expenditures as a percent of personal consumption expenditures (from Calculated Risk and the Bureau of Economic
Option notes…
Friday's sharp price rally brought out option traders in force...274,864 options contracts traded and probably most surprising to note is that the