Here is one takeaway: "The exports could relieve pressure on storage capacity in the U.S. after stockpiles rose to the highest level in official data
Help is on the way…
or is it? Whenever I start getting bullish on crude oil, I look at the weekly US oil stocks chart from the EIA's This Week in Petroleum:
More on inflation…
From Calculated Risk, here is a chart with different measures of inflation, including the core PCE: The PCE is running below the Fed target, but
Core inflation…
From my go to blog, Marginal Revolution: http://marginalrevolution.com/marginalrevolution/2016/03/u-s-core-inflation.html
Oil Tanker Economics, WSJ
Boom/bust for the oil tanker market too? Here is Wall Street Journal: "Low oil prices and surging production has been a boon for the 2,000-vessel
Updated asset allocation quilt… A Wealth of Common Sense
Ben Carlson, at AWealth of Common Sense,(http://awealthofcommonsense.com/2016/03/updating-my-favorite-performance-chart/) has updated his (and one of
Iran: “Leave Us Alone”… until 4mbd, Bloomberg
From Bloomberg (http://www.bloomberg.com/news/articles/2016-03-13/iran-on-oil-freeze-leave-us-alone-until-production-higher?bpop=101631412): "Iran
WTI implied vol chart, update…
Implied volatility in crude oil continues to decline (as it usually does when prices rally)... Here is the chart with Friday's settlements: Friday
Forecasting oil prices…
From the IEA's February Oil Market Report, released on February 9th: "If these numbers prove to be accurate, and with the market already awash in