The EIA reported U.S. refiner net input of crude dropped by 901,000 bpd... Here is a historical perspective: Here is the link:
Highest summertime electricity prices in western US since 2008… EIA
The EIA’s Today in Energy has a nice piece describing what happened to power prices out West during the summer: “As a result of record-high
Permian pipeline woes about to ease…. The Motley Fool
Mathew DiLalllo, The Motley Fool, writes that help is on the way, here... ”Plains All American is building oil pipelines in the Permian as fast as
Record Brent options volume… Bloomberg
Alex Longley, Bloomberg, reports: ”ICE Brent options was record, at ~274k lots. Call volumes also reached record at 191k lots, with more than 2
Tumbling currencies, growth rates solid… The Economist
From The Economist: “A person returning from Mars would assume that something horrible had happened in the region, says Chris Wood of CLSA, a
The Mystery of Missing Hedge-Fund Performance… Ritholz
Barry Ritholz, The Big Picture, has a great post on underwhelming hedge fund performance, here... Here is one of 5 theories he lists (do read the
Brent benchmark set for revamp… Bloomberg
Javier Blas, Dan Murtaugh and Sherry Su, Bloomberg, write here... “S&P Global Platts, the agency that sets the industry standard for the
Tight or well-supplied?… Reuters
Clyde Russell, Reuters, summarizes the OPEC meeting nicely, here... “But the rise in prices doesn’t seem to be an issue for Saudi Arabia, with
Russia overtakes the US in wheat exports… WSJ
When I worked at the USDA in the early 80’s, we tried to figure out how much wheat the USSR needed to import... Here is the WSJ: