Hardika Singh and Amrith Ramkumar, WSJ, discuss speculative activity in oil, here… “The ratio of bullish bets on U.S. crude to bearish wagers surged
Oil price analysis in one sentance… Bloomberg
“Oil prices continued to swirl as traders tried to fathom how the clash inside the OPEC+ alliance will play out in global markets.” That is from
This Week in Petroleum… EIA
The EIA’s This Week in Petroleum has some excellent charts that help us keep perspective when looking at weekly numbers… Here is a look at the
Economist Jason Furman is interviewed… Noahpinion
Here is a good interview with Economist Jason Furman by Noahpinion… ”The big surprise to me has been the strength of labor demand and the
WTI options update…
From QuikStrike’s Most Active Strike tool, via the CME, here is a look at the most active strikes from yesterday, post OPEC+ meeting… Volume was
Cross correlations….
My occasional look at cross correlations (using QuikStrike’s excellent tool via the CME) shows oil (CL) and Bitcoin (BTC) are correlated with…