The CME shows a whopping 702,918 WTI crude oil options trading yesterday, which (by my records) breaks the previous record of 579,935 on November
The IEA piles on…
This morning’s release of the International Energy Agency’s Monthly Oil Report, here, shows what OPEC and the U.S.’s Energy Information Administration
Some selected charts from OPEC’s Monthly Oil Market Report….
OPEC’s Monthly Oil Market Report, here, was released this morning... Here are some interesting charts taken from it: This is the well reported
OPEC revises 2019 demand for its oil down sharply…
Andy talked about this in our latest podcast recorded last Friday... Here is Bloomberg’s Alex Longley: “Global appetite for the group’s crude will
WTI options volume heavy… CME
Using the CME's Most Active Strikes tool, here, we see that the Dec 60 put was most active on Friday with over 15,000 trading, on a very active day...
Oil exports from Iran… WSJ
The Wall Street Journal’s “The Daily Shot”, here, has a nice chart showing which importing countries were granted waivers:
Supply/Demand balance… EIA
The EIA is expecting stock builds in the current quarter and all of 2019...
Bakken, Western Canada Select vs. Brent price spreads… EIA
The EIA’s Short Term Energy Outlook, here, has a nice chart showing some key oil spreads, with an explanation (my emphasis): “Even though total
Oil Drilling Spreads Across African Continent… Bloomberg
Paul Burkhardt, Bloomberg, writes: “In 2018, the number of oil and gas rigs in Africa reached a three-year high, according to Baker Hughes. There