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May 30, 2018

US, OECD inventories back to five-year average… EIA

Here is the EIA’s,”Today in Energy”: ”Global petroleum inventories declined through 2017 and the first quarter of 2018, marking the end of an

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May 29, 2018

Some energy charts from The Daily Shot, WSJ…

Here are a couple of charts from The Daily Shot showing which countries cut oil production and which have capacity to increase... There are more

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May 28, 2018

OPEC/Russia Target Free Riders… WSJ

Spencer Jakob, WSJ, tells us why OPEC/Russia are about to end their agreement to curtail oil production here... “One reason may be that prices

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May 27, 2018

US gasoline exports… EIA

US gasoline exports go mostly to Mexico... From the EIA’s Today in Energy, here:   “U.S. motor gasoline gross exports increased to

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May 27, 2018

Oil helps some, hurts others… The Economist

The Economist uses some UBS research to say this: "Many emerging economies import oil; others export it. As a rule, higher prices hurt the first

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May 27, 2018

Gasoline expenditures… NY Times

From the NY Times, on gasoline prices... There is more here... "Americans consume roughly 400 million gallons of gasoline a day, so the 60-cent

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May 27, 2018

Andy Furman, Risked Revenue on hedging oil price risk…

 

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May 25, 2018

OPEC, Russia prepared to,raise oil output… Reuters

Here is Reuters: ”Riyadh and Moscow are prepared to ease output cuts to calm consumer worries about supply adequacy, their energy ministers said on

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May 23, 2018

A conversation about hedging oil price risk…

As energy prices rally, we can get a sense of what large speculators are doing from the CFTC’s Commitment of Traders report. But what are hedgers

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