Katherine Greifeld, Bloomberg, quotes a prospective US Oil investor, here... "“I looked for an ETF with exposure to oil and this was the first that
Bottoming air travel? Carpe Diem
From Carpe Diem, some “green shoots” in air travel?:
June/July WTI….
Since May oil traded -$40 on April 20th, there seems to be a step up in media attention on the lack of oil storage, the flotilla Saudi oil headed to
Daniel Yergin interview… ICE
“Energy expert, Daniel Yergin discusses the new geopolitics of oil and what’s in store with ICE’s Vice President of Global Oil Markets, Jeff Barbuto
US inventories approaching record high levels… EIA
Here is a look at inventories and capacity from the EIA’s Today in Energy: And here is a closer look at Cushing:
Oil Flotilla…
U.S port congestion to worsen suggest Stephen Cunningham and Robert Tuttle, Bloomberg, here... “Dozens of tankers are lined up off the two coasts