By not including US oil in the tariff slate, the market remains competitive... Here is Bloomberg: “China’s original plan to target U.S. crude came
IEA’s Oil Market Report is out…
The IEA’s Oil Market Report is out... Here is what they say about demand from the summary (my bold): ”With so much focus on geopolitics in recent
Our August podcast on energy markets is up…
US oil, gasoline and distillate stocks… EIA
From the EIA's "This Week in Petroleum", these charts show how US stock levels compare to 5 year highs and lows:
Oil options udate…
Volume in WTI options picked up significantly yesterday and volatility moved up about a point to settle at 24.4 (second month out)... Not surprising
Supply/Demand balance… EIA
The EIA’s Short Term Energy Outlook shows a market mostly in balance through 2019... We know that won’t happen...