oil prices:
record gasoline demand:
mid-May 2016 oil outages projection via Goldman:
May 20th rig counts:
-
Recent Posts
- natural gas prices hit 25 year low; crude supplies and oil + oil product supplies again at new all-time highs
- 1st Quarter GDP Revision, May’s Reports on Personal Income and Outlays, Durable Goods, and New & Existing Home Sales
- tables and graphs for June 27th
- global oil surplus at 8.6 million bpd, despite 6.3 million bpd OPEC cuts; wells drilled and wells completed lowest on record
- May’s reports on retail sales, industrial production; and new home construction; April’s business inventories
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