The EIA reports: "Total U.S. petroleum product exports continued to increase in 2015, up 467,000 barrels per day (b/d) from 2014 to 4.3 million b/d,
DOT, US Vehicle miles…
DOT, US vehicle miles via Calculated Risk: (http://www.calculatedriskblog.com/2016/03/dot-vehicle-miles-driven-increased-20.html)
Russian oil economics… NYTimes
Invest or consume? This very good NYTimes article discusses the search for government revenue in Russia vs. long term oil production:
Market Notes…
Option volume was light yesterday with about 106,000 contracts trading (Jan and Feb averaged 217,926)... Implied volatility did not jump much, with
What Tracks Commodity Prices… NY Fed
From the NY Fed's Liberty Street Economics: (http://libertystreeteconomics.newyorkfed.org/2016/03/what-tracks-commodity-prices.html#.VvHyn_D3arW) "A
Genscape: Iran’s oil export growth in line with Iranian forecasts, FuelFix
FuelFix reports that Genscape differs on recent assessments of Iranian oil exports: "Genscape’s assessment comes a few weeks after data from OPEC and