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July 16, 2018

Some charts from OPEC’s monthly Oil Market Report…

The link to OPEC’s monthly report is here.... A large increase in Saudi production was offset some by Libya...  Venezuela continues to

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July 16, 2018

Some traders hit hard from volatile spreads… Reuters

Here is a Brent/WTI crude spread chart from Reuters: From Reuters: “However, it is the big, sudden moves that tend to claim trade

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July 13, 2018

WTI options update…

Yesterday, a large number of Sep 55 puts traded, increasing open interest by almost the same amount...

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July 13, 2018

Delta’s strategy to combat rising fuel costs… WSJ

After an unpleasant experience with hedging jet fuel costs (this is rom a June 2nd, 2016 Forbes article, here: “Delta Airlines’ new CEO Ed Bastian

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July 12, 2018

The IEA’s OMR is out…

Here are some takeaways from the Internstional Energy Agency’s Oil Market Report, released today (my bold): “The clearly expressed determination of

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July 12, 2018

WTI options comment…

Yesterday’s option volume was heavy with about 250,000 trading... As one might expect with a sharp price move, the heavy option volume occurred in

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July 11, 2018

The EIA’s Short Term Energy Outlook is out…

The link is here... Supply/demand looks balanced until next year: EIA estimates that U.S. crude oil production averaged 10.9 million

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July 11, 2018

US energy exports… EIA

Here is the EIA’s Today in Energy with a look at selected energy exports to China and rest of world:

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July 11, 2018

Our Monthly Commodity Outlook… CRG

monthly commodity outlook -july 2018 - crg

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