Yesterday's EIA release showed crude oil stocks building by a record 14.4 million barrels... From "This Week in Petroleum" here are two charts showing
Producer Prices in Asia… The Economist
From The Economist, producer prices are on the rise in Asia (or falling less quickly): "Steel prices have risen by nearly 50% this year. Production,
US production, consumption… EIA
In Today in Energy, the EIA has a couple of nice charts showing US energy production and consumption since 1908 (think Cubs)... This chart is through
RINS, biofuels… WSJ
Here is my take... Get rid of the ethanol program! (Do read the whole article)... "The price of the credits has skyrocketed
Dog bites man… WSJ
This is news? From the WSJ: "A weekend marathon of talks between major oil producers failed to finalize plans to implement an output cut,
Chartbook from CarpeDiem…
The CarpeDiem website posted some excellent charts related to energy... This one shows how little consumers spend on energy as a percent of total
OPEC and non-OPEC Oil Supply
The IEA releases its monthly Oil Market Report for non-subscribers about two weeks after the initial release on October 11...Here are two charts
OPEC deal skeptics… Bloomberg
Have we covered this yet? Here is Bloomberg doing the math: "In Algiers, OPEC agreed to reduce its production to a range of between 32.5 and 33
Short positions held by producers, merchants… EIA
From Today in Energy via the CFTC, here is a long term look at short positions held by producers and merchants through October