As India's energy imports increase, India plans a strategic petroleum reserve... From EIA's Today in
Saudi Arabia stockpile drawdown… WSJ
The Wall Stree Journal reports that Saudi Arabia is working down oil stocks to meet summertime domestic demand rather than increase production: "The
Crude oil implied vol update…
Implied volatility in crude oil has not been too interesting lately, with options trading in the mid to high 30's for most of the last two months...
The Laws of Capitalism are Being Rewritten… The Reformed Broker
Here is an amusing piece from The Reformed Broker: "All of the traditional drivers of risk-off behavior have been nullified. Everything that used to
China’s energy demand… Bloomberg
From Bloomberg: "The strength in the nation’s import appetite contrasts with sluggish domestic demand for the fuels. The nation’s apparent oil
U.S. Oil Production Outlook… EIA
Here is US oil production through April, from the EIA's monthly numbers: Earlier this week, the EIA released it's monthly Short Term Energy Outlook