Not looking good... From the EIA: And here is oil production: “Venezuela’s crude oil production has been on a downward trend for two
Calendar spread options, WTI
In early February, some deep out of the money put buying occurred in the April/May, May/June and June/July (also, the expired March/April) 0, zero,
The Growing Significance of American Oil
Nice summary from Fox Business on the growing importance of American oil production: The U.S. is becoming an increasingly dominant player in the
US oil exports… EIA
The EIA's "This Week in Petroleum" has a nice piece on US petroleum exports here... "Exports grew to 1.1 million barrels per day (b/d) in 2017, or
Our March podcast on Energy Markets…
Podcast: March 2018 Oil Market Analysis
Commodity Research Group (CRG) is an independent research consultancy specializing in base and precious metals, as well energy products. The Group
Global gas market, trading companies… FT
Here is a nice piece by the Financial Times on a growing international gas market:
S&P vs. crude oil volatility… EIA
In today’s release of the Short Term Energy Outlook, the EIA looks at S&P vol compared with crude oil vol with this nifty chart: “The VIX,
US oil exports to Asia are slumping.. Reuters
Clyde Russell, Reuters, does an excellent job explaining US export economics here... ”Vessel-tracking and port data suggest Asian imports of U.S.