News

The Wall Street Journal has a nice discussion on  "teapot" refineries in China

Here is the link: http://econbrowser.com/archives/2016/05/trends-in-oil-supply-and-demand Not much new, but I liked this chart, showing a flattening

From the WSJ, http://www.wsj.com/articles/fueling-oils-push-to-50-fear-is-back-1464427980: "About 3.5 million barrels a day worth of production is

Here is the chart: Implied volatility settled at 34.4 yesterday (based on at the money, second nearby month option), down from 79.2 on February

After a seasonally warm winter, US distillate demand is now above 4 mid... Here is the chart from the EIA: And, distillate cracks have improved

Based on recent economic data released, the Atlanta Fed has increased its 2Q GDP estimate up .4 to +2.9%... "Latest forecast: 2.9 percent — May 26,