From The Economist: “A person returning from Mars would assume that something horrible had happened in the region, says Chris Wood of CLSA, a
The Mystery of Missing Hedge-Fund Performance… Ritholz
Barry Ritholz, The Big Picture, has a great post on underwhelming hedge fund performance, here... Here is one of 5 theories he lists (do read the
Brent benchmark set for revamp… Bloomberg
Javier Blas, Dan Murtaugh and Sherry Su, Bloomberg, write here... “S&P Global Platts, the agency that sets the industry standard for the
Tight or well-supplied?… Reuters
Clyde Russell, Reuters, summarizes the OPEC meeting nicely, here... “But the rise in prices doesn’t seem to be an issue for Saudi Arabia, with
Russia overtakes the US in wheat exports… WSJ
When I worked at the USDA in the early 80’s, we tried to figure out how much wheat the USSR needed to import... Here is the WSJ:
East Coast refiners receiving more domestic crude from the Gulf Coast… EIA
From the EIA’s Today in Energy, here... “Since mid-2017, the East Coast has been receiving as much crude oil by tanker and barge from the Gulf
WTI put spreads?
What looked like a large volume put spread traded yesterday in WTI options... Around 18,000 November 66/65 puts traded yesterday... Note the change
Chart book… The Daily Shot
It’s always worthwhile to take a look at the Wall Street Journal’s “The Daily Shot” here... And, here are two of many interesting charts: This
OPEC net oil revenues… EIA
The EIA’s Today in Energy has some nice charts showing OPEC revenues here: