The CME shows June $55 calls having 109,078 open interest! This is a huge number! These expire on May 17th and settled at $.02... Yesterday, 8,817
Some highlights from the EIA’s Short Term Energy Outlook…
Here are some highlights from the EIA's monthly Short Term Energy Outlook... This chart shows supply/demand balance expectations: Note that
New pipeline infrastructure should accommodate Permian oil production … EIA
Here is the EIA's "Today in Energy": "As crude oil production in the Permian Basin of western Texas and eastern New Mexico has increased, pipeline
The Least Volatile Stock Market in Years… NYTimes
Here is the chart: And, of course, it is something to worry about: "The risk, of course, is that this generates complacency." Here is the
Columbia Energy Exchange: Adnan Shihab-Eldin – The Outlook for Oil Markets & GCC Economies
https://itunes.apple.com/us/podcast/columbia-energy-exchange/id1081481629?mt=2&i=1000385214860 Adnan Shihab-Eldin Director General of the
Managed Money Net Length Back to Late November… Bloomberg
It's like the deal never happened... Here is a chart of net length of WTI futures contracts by money managers: The Bloomberg article is
US Producers Boost Oil Hedges… RBN Energy
RBN Energy has a nice piece on US oil producers' hedging activity here:
Bullish indicator for oil?
From Fuel Fix: "Attendance at the Offshore Technology Conference dropped by 3,000 attendees to its lowest level since the last recession as
Argentina Shale… WSJ
Big Oil moves early into Argentina, from the Wall Street Journal: "Replicating the U.S. fracking boom elsewhere has taken on fresh urgency in an