Here is an excellent description of Virtue, which makes markets in many markets all over the
Consumer Spending on Energy… Carpe Diem
From Carpe Diem (https://www.aei.org/publication/blog/carpe-diem/): "Another data point: Spending on “energy goods and services” as a share of total
Markets rally on Saudis, Russians “talking”…
From Reuters (http://www.reuters.com/article/us-global-oil-idUSKCN10N03T): "On Monday, Russian Energy Minister Alexander Novak bolstered hopes that
Record US fuel exports to Latin America… Bloomberg
From Bloomberg (http://www.bloomberg.com/news/articles/2016-08-11/u-s-refiners-reap-rewards-from-latin-american-gasoline-shortage-irr37msr): "From
World liquid fuels balance… EIA
This is from the EIA's Short Term Energy Outlook released earlier this week... The EIA continue to expect stock draws starting in the second half of
US oil exports increase volume, destinations…. EIA
From the EIA: "In the first five months of 2016, U.S. crude oil exports averaged 501,000 barrels per day (b/d), 43,000 b/d (9%) more than the




