Natural gas and crude oil prices are moving in opposite directions... in a hurry... Implied vol for both have moved up sharply, with natural gas
Updated vol chart, WTI…
Implied volatility shot higher yesterday... This chart uses settlement data from at the money, second month options...
Record option volume in crude oil…
The CME shows a whopping 702,918 WTI crude oil options trading yesterday, which (by my records) breaks the previous record of 579,935 on November
The IEA piles on…
This morning’s release of the International Energy Agency’s Monthly Oil Report, here, shows what OPEC and the U.S.’s Energy Information Administration
Some selected charts from OPEC’s Monthly Oil Market Report….
OPEC’s Monthly Oil Market Report, here, was released this morning... Here are some interesting charts taken from it: This is the well reported
OPEC revises 2019 demand for its oil down sharply…
Andy talked about this in our latest podcast recorded last Friday... Here is Bloomberg’s Alex Longley: “Global appetite for the group’s crude will