It’s always worthwhile to check in on The Daily Shot’s chart book, here...
European energy traders… Bloomberg
The story, here, by Lars Paulsson and Anna Shiryaevskaya, Bloomberg is about the big bonuses paid to European energy traders, but I especially liked
Interview with George Magnus… China Leadership Monitor
China Leadership Monitor interviews George Magnus on his latest book, Red Flags: Why Xi’s China is in Jeopardy (Yale University Press, 2018),
Hedge funds net buyers… Kemp
Here is the John Kemp, Reuters, update on hedge fund activity in Brent (CFTC is still catching up with WTI numbers):
Future of sale boom threatened? WSJ
Christopher M. Matthews, Rebecca Elliott and Bradley Olson, Wall Street Journal, suggest that by drilling wells too close together, oil producers are
Global liquid fuels production to outpace demand… EIA
In the EIA’s Today in Energy, here, a reminder from the Feb Short Term Energy Outlook that global stocks are still expected to rise: