Better late than never... ”H.E. Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, said: “As ADNOC grows and expands its upstream
Bulls on the rampage, bears vanish… Kemp
John Kemp, Reuters, does a great job analyzing hedge fund positions in energy, here... ”Hedge fund managers have never seemed so convinced that oil
Oil falls as Dollar Climbs… WSJ
Causation? Correlation? Here is the WSJ: ”“We are seeing some renewed dollar strength…which is really the main driver,” said Ole Hansen, head of
Pennsylvania’s natural gas production continues to rise… EIA
The EIA’s Today in Energy discusses marketed natural gas production by state here... ”Pennsylvania marketed natural gas production averaged a
Stephanie Yang and Alison Sider, WSJ, wonder if higher energy prices will slow the economy here... “Yet even with the economy chugging along,
OPEC, Tweets, Venezuela… Bloomberg
Liam Denning, Bloomberg, has a thoughtful piece here... “
A quick WTI options note…
Yesterday, the most active WTI options by volume were calls: June 70c traded 16,611 times; June 75c, 13,183; Dec 70c, 8,208... However, quietly (only
What economists need to learn next… Prospect Magazine
I especially liked the response by Summers here... “Larry Summers: Get to grips with vicious cycles The central lesson of 21st century economic
Crude imports by rail from Canada… EIA
The always excellent EIA’s This Week in Petroleum covers crude imports from Canada here... “Crude oil production in Canada increased to 3.9 million