The EIA discusses crude oil and product exports in this issue of Today in Energy... “Crude oil exports in the first half of 2017 increased by more
US oil production expected to reach record levels in 2018… EIA
This is from the EIA’s Short Term Energy Outlook released last week: “EIA forecasts that U.S crude oil production will average 9.4 million barrels
A hedge for China…
From Reuters: ”China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility
Oil VIX not reacting much to recent events in Iraq…
The 5 day chart of CBOE’s oil VIX shows a small uptick of about one vol point: Here is a one year chart including last year’s OPEC meeting
World Economic Outlook… IMF
Here is the intro: “The global upswing in economic activity is strengthening, with global growth projected to rise to 3.6 percent in 2017 and 3.7
Is Gold a Good Hedge? … Bloomberg
This is a very good article from Bloomberg on gold for those of us who know little about the yellow metal (me)... This table shows the importance of
The IEA Oil Market Report for October is out…
Here is the link for the public (free) version: https://www.iea.org/oilmarketreport/omrpublic/ From their summary (the key word is “balanced”):
Power Companies to Stick With Plans… WSJ
Tim Puko, of the Wall Street Journal, has a nice piece on how some power companies expect to deal With Trump administration’s plans to roll back
Overtime Pay at Electric Utilities Skews U.S. Wage Growth… The Daily Shot
The Daily Shot, a Wall Street Journal blog, has some excellent charts explaining the uptick in wage growth from Friday’s employment report.. Here is