Here is a summary of yesterday's increased activity in WTI oil options from the CME's Most Active Strike tool: Note that most volume was in
Post debate betting odds… The Daily Shot
From The Wall Street Journal’s The Daily Shot via Predict It, here...
Yesterday’s Fed announcement… WSJ
Jeffrey Sparshott and Nick Timaraos, Wall Street Journal, have a nice summary of yesterday’s Fed announcement, here... I especially like the quote
The end of the beef industry?… Outside
Rowan Jacobsen, Outside Online, has a nice piece on “alt meat”, here... “Part of the appeal of the new burgers is their smaller environmental
A market in balance?
US crude stocks move toward 5 year averages, days supply toward last year’s numbers lead to sideways moving prices and declining volatility... (charts
US oil production continues to set record highs… EIA
From the EIA’s “This Week In Petroleum”, here: ”U.S. crude oil production averaged nearly 12.2 million barrels per day (b/d) in April 2019, an