Not looking good... From the EIA: And here is oil production: “Venezuela’s crude oil production has been on a downward trend for two
Calendar spread options, WTI
In early February, some deep out of the money put buying occurred in the April/May, May/June and June/July (also, the expired March/April) 0, zero,
The Growing Significance of American Oil
Nice summary from Fox Business on the growing importance of American oil production: The U.S. is becoming an increasingly dominant player in the
US oil exports… EIA
The EIA's "This Week in Petroleum" has a nice piece on US petroleum exports here... "Exports grew to 1.1 million barrels per day (b/d) in 2017, or
Our March podcast on Energy Markets…
Podcast: March 2018 Oil Market Analysis
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