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March 19, 2017

Glencore, zinc market… WSJ

Glencore's relationship with the zinc market is described well here in an article from the WSJ...  Glencore's cut back in production helped contribute

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March 18, 2017

Too much oil… The Economist

The Economist discusses oil in storage here... I focused on Hillary Stevenson's comment of the average cost to store a barrel: "Hillary Stevenson

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March 17, 2017

Saudi oil production… WSJ

The Wall Street Journal writes about OPEC extending supply cuts... here is Saudi Oil Minister Falih: "Inventories haven’t fallen as OPEC members

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March 16, 2017

This Week in Petroleum… EIA

Here are stock levels for crude oil, gasoline and distillates compared with 5 year ranges, from the EIA: Crude and gasoline are doing their

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March 15, 2017

The IEA’s Monthly Oil Report is out….

Here are some nuggets from the summary: Increased stock levels, especially in the U.S. are no surprise: "Export volumes are still appearing in

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March 14, 2017

Timing is still key…

Here is Bloomberg writing about Goldman's badly mistimed bullish call: "The bank is sticking to its view that tightening supplies will lead to

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March 14, 2017

Natural Gas Glut… WSJ

Timothy Puko, WSJ, writes: "Natural-gas futures have fallen 23% over the past two months to $3.043. Shares of gas-production companies are among

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March 14, 2017

Crude spreads, Contango/Backwardation… Jeff Kemp, Reuters

Jeff Kemp does a nice job describing backwardation and contango in oil markets here:  http://www.reuters.com/article/oil-opec-kemp-idUSL5N1GR4IB He

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March 10, 2017

Brent price benchmark to add another crude… Today in Energy

From Today in Energy: "The method for assessing the Brent global benchmark crude oil price is scheduled to change in 2018. The Brent price

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