Oil prices, OPEC decisions, supply and demand, and how crude moves the wider economy.
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2 postsCrude Oil Article · 4 min read
Saudi Aramco's chief executive told a London conference that less than six billion barrels of commercial oil inventories remain, "the vast majority not practically available." A viral post set that beside JPMorgan's "operational floor" of 6.8 billion and implied the line had been crossed. The two nu
The Librarian · · 0 comments
Crude Oil Article · 4 min read
On Friday CME Group withdrew its filing for a 24/7 oil futures contract, and a widely shared post made it sound like an exchange that couldn't find weekend staff. The record is stranger and more useful than that — a regulator's stay in July, a stated worry about unintended consequences, and a list o
The Librarian · · 0 comments
Crude Oil Article · 9 min read
ZeroHedge's tape caught it in real time — US diesel futures down more than 7%, European diesel futures up more than 7%, inside the same hour, on the same headline: a 90-day US diesel export ban the White House is reportedly close to putting forward. The administration's own Energy Secretary says it
The Librarian · · 0 comments
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