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February 25, 2016

$0 oil? St. Louis Fed

Not quite... But the St. Louis Fed analyzed current inflation expectations in the marketplace and suggested that oil prices would need to trade down

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February 25, 2016

Gallows humor.. WSJ

From the WSJ (http://www.wsj.com/articles/beyond-the-oil-industry-bloodbath-1456336562): "Night is darkest before dawn, said Joe Kaeser, CEO of

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February 25, 2016

Oil inventories…EIA

The EIA discusses oil inventories in This Week in Petroleum (https://www.eia.gov/petroleum/weekly/): "Using inventory levels from the latest Weekly

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February 24, 2016

Reuters: CERAWEEK-World’s oil bosses eyeing more pain try to look past 2016

How bad is sentiment in oil? Reading about the tone during IP week, and now during CERA week, even the most contrarian among us would be rattled...

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February 24, 2016

Gasoline demand… EIA

The EIA expects gasoline demand to remain below its 2007 peak despite an increase in miles driven... "Based on estimates in the most recent

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February 23, 2016

Estimated Impact of Oil Price Declines on Output, 2014-2015

According to the most recent Economic Report to the President

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February 23, 2016

Crude Glut Could Take Years to Disappear, IEA via WSJ…

More bearish sentiment from this week's IHS CERA conference in Houston, as reported by the WSJ

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February 23, 2016

A new breed of traders on Wall Street… NYTimes

From the NYTimes' Dealbook: "And as these firms have grown, so has the demand for a new breed of Wall Street trader — one who can build financial

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February 23, 2016

Veterans of 1980s oil glut say…. Reuters

Here is a Reuters article quoting some oil market veterans who suggest this slump could last and prices may even move lower:

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