The Financial Times published a piece two days ago suggesting that the virus that shut down China has also reduced carbon emissions by 200m tonnes or
US oil exports… EIA
US oil exports grew rapidly through 2019... Here is the EIA: ”U.S. crude oil exports averaged 2.98 million barrels per day (b/d) in 2019, an
Fiscal stimulus ideas… Bloomberg
Michael R. Strain, Bloomberg, does a nice job discussing fiscal stimulus ideas to combat a coronavirus economy, here...
Historic drop in oil demand… Houston Chronicle
This from the Houston Chronicle: “The largest drop in oil demand in history is underway due to the coronavirus outbreak, even worse than that
Out of the money puts trade…
The top option strikes ranked by volume in yesterday’s trading were the June 29 and 34 puts, trading almost 13,000 times each, open interest rose
US oil production grew 11% in 2019… EIA
Here are a couple of the charts from the EIA on US oil production: