I like to check in on the "days supply" for distillates and gasoline updated weekly in This Week In Petroleum by the EIA, here... Gasoline looks
The new Chinese futures contract is showing some life…
The EIA's This Week in Petroleum compares the new Chinese oil futures contract to the older WTI, Brent and Oman contracts here... "After one month
WTI/Brent spread options were active yesterday…
WTI/Brent cso's were very active yesterday especially in June puts... Note the decline in open interest, which indicates traders liquidating
Permian Basin is growing… Bloomberg
Yeah, old news, but here is a reminder from Bloomberg: And the article suggests the Permian could grow into the largest oil field in the
ExxonMobil discovers optionality… OPIS
The OPIS blog has a story on Exxon’s transformation into trading to enhance profitability: ”Until recently, it was rare for ExxonMobil to move
10-year Treasury yields.. FRED
Here is a chart from the Fed’s data base showing 10 year yields in perspective updated through Friday (2.88%)... Here is the link: