Yesterday, the most active WTI options by volume were calls: June 70c traded 16,611 times; June 75c, 13,183; Dec 70c, 8,208... However, quietly (only
What economists need to learn next… Prospect Magazine
I especially liked the response by Summers here... “Larry Summers: Get to grips with vicious cycles The central lesson of 21st century economic
Crude imports by rail from Canada… EIA
The always excellent EIA’s This Week in Petroleum covers crude imports from Canada here... “Crude oil production in Canada increased to 3.9 million
Petroleum imports/exports, US… EIA
From the EIA’s Today in Energy: ”U.S. net petroleum trade, including crude oil, petroleum products, and natural gas plant liquids, has fallen in
More on the Permian bottleneck from the WSJ…
Alison Sider and Bradley Olsen have a nice piece on pipeline congestion and bottlenecks getting oil out of the Permian here... The Midland-Cushing
A little history of WTI options…
A little history in WTI options: After a little more than two years of being listed, the WTI oil options contract showed us why it was so different…