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February 22, 2016

“Oil is so cheap…

even pirates aren't stealing it anymore"... From Quartz (http://qz.com/619281/oil-is-now-so-cheap-even-pirates-arent-stealing-it-any-more/), "“With

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February 22, 2016

Calling,Calling,Calling: OPEC “Calls” But Surplus Doesn’t Fall

A handy measure in the oil analysts toolbox is what's known as the " call on OPEC crude", which is basically what remains for OPEC crude production

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February 22, 2016

Baker Hughes rig count…

via Business Insider (http://www.businessinsider.com/baker-hughes-rig-count-february-19-2016-2)... I get the efficiency argument, but can the

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February 20, 2016

WTI Option Notes…

Here is an updated implied volatility chart through Friday's settlement prices: Note that the recent high made on Feb 12 was 79.2 (based on second

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February 20, 2016

Bottom picking, equity markets… WSJ

The WSJ reports that bottom picking in energy equity markets via new offerings is alive and well... Here are some results from last year: "Of 58

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February 19, 2016

Selected world gasoline prices…

From a story on Venezuela's move to raise gas prices, in USA today

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February 18, 2016

ARA distillate stocks, US gasoline stocks via EIA…

This Week in Petroleum tells it with charts: "Europe, like the U.S. East Coast, is experiencing a relatively warm winter. In addition to the

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February 18, 2016

EIA on US oil production in Gulf of Mexico…

  "U.S. Gulf of Mexico (GOM) crude oil production is estimated to increase to record high levels in 2017, even as oil prices remain low. EIA

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February 18, 2016

Diesel fuel retail price chart…EIA

Here's the link:  http://www.eia.gov/todayinenergy/detail.cfm?id=24992. Lowest since 2005....

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