Reuters reports that the PDVSA awarded an 8 million barrel tender for light sweet crude to BP and China
Implied volatility, WTI…
Here is a chart of implied volatility going back to November 14th, 1986 which was the first day that WTI options traded on the New York Mercantile
Storage at sea not profitable… Bloomberg
Here is the link: http://www.bloomberg.com/news/articles/2016-03-21/why-the-global-oil-glut-might-not-fill-swimming-pools-after-all "The biggest
Signs of a Bottom?
This is from today's WSJ, "Airlines Pull Back on Hedging Fuel Costs"
The “Dogs” of The Economist…
The Economist carries a table in which the % change of selected equity markets around the world are listed... Often times, places where the news seems
More oil due to recent rally?… FuelFix
Fuel Fix quotes the IEA Suggesting that the recent rally could bring some marginal production online: "“If prices keep rising, we could find that