The Wall Street Journal has a nice graphic showing countries from which OPEC hopes to get another 600,000 barrels per day of production cuts.... The
WTI curve flattens due to producer hedging…Bloomberg
Bloomberg makes the point that hedgers are hedging by looking at this chart: "The hedging pressure triggered violent movements across the price
Record volume last Wednesday… CME/NYMEX
New volume records set on November 30th: CME Group, the world's leading and most diverse derivatives marketplace, experienced a record high in
How Putin, Khamenei and Saudi prince got OPEC deal done… Reuters
Reuters explains well how the deal got done here: http://www.reuters.com/article/us-opec-meeting-idUSKBN13Q4WG Worth reading...
Monster, record WTI option volume…
Yesterday, WTI crude oil options traded a record 579,935 contracts breaking the old record set the previous day (Tuesday) of 460,742, which broke the
What option markets tell you… FT
From Myron Scholes and Ash Alankar, Financial Times: "So, the risk for investors has swung dramatically in recent weeks from protecting against the