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IEA Monthly Oil Report Summary…. Reuters

You are here: Home / Commodity Research / IEA Monthly Oil Report Summary…. Reuters

June 11, 2021 by Jim Colburn Leave a Comment

Noah Browning, Reuters, summarizes the report, here…

““OPEC+ needs to open the taps to keep the world oil markets adequately supplied,” the Paris-based energy watchdog said, adding that rising demand and countries’ short-term policies were at odds with the IEA’s call to end new oil, gas and coal funding in a stark report issued last month.”

The widely reported and market influential IEA monthly report may give us a clue to how much bullishness is baked into the market already… I’ll be looking for out of the money call and out activity in options markets…

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Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

 


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