Hello and Welcome - I’ve created this blog for the purpose of discussing energy related topics - primarily but not limited to oil and natural gas - and their potential impact on stocks, options, and futures. I am an amateur investor/trader and make no assurances about the opinions expressed on this blog. Please consult your financial advisor before buying, selling, borrowing, or otherwise risking capital based upon ideas taken from this site. Any advice construed from this website is worth what you paid me for it.
Can you tell me where I can find a source for the expected and actual weekly petroleum numbers for both the wed & thurs. release. Thank you for your time and consideration and the daily report you prepare. Ed.
Google search for oil, natural gas or watch CNBC/Bloomberg. They change a lot from Monday to Wednesday and at least for oil, it’s almost impossible to predict magnitude – they really got it wrong today.
just a note on your posting today. i’ve always liked visiting your sight and getting your industry thoughts, but you cannot just chart distillate/gas/crude stocks. yes the stock levels might be the same, but demand has been increasing for the last 10+ years. My suggestion is looking at days forward demand cover, which for the US on both gas and distillate is at the very bottom range of the 3-yr average. Again, love the blog, but just a simple suggestion
What sites do you use for breaking news, rumors and commentary on the Energy market (specifically Refiners, Drillers)..Seems like Rigzone, Upstream and Platts are all pretty stale, especially when trading intra-day
One thing i noticed on friday is that the put open interest for march nymex crude (in the $55 dollar range) is quite a bit higher than the call open interest but when you look at oil companies like VLO or XOM the ratios are closer to 1:1 .Wondering if crude does go lower will the oil/gas companies stay pretty much where they are now?
Last year when gold was on it’s way up to $680 it hit a point where the gold mining company stocks refused to go higher..
(posted this to main page before I saw this tab….)
RE: Website improvements. I believe you’ve made great steps toward compiling (and regularly updating) vital data on the markets. Perhaps what is needed is greater depth rather than breadth. I suggest adding a “Daily Hot Topic” tab in which you would provide your insight on a single issue that is currently affecting energy markets and readers would add their comments/views in more lengthy replies to that particular topic. The result would be a better feel of how the ‘market’ weighs that issue. Examples: Iran or Storage or Weather Predictions. Your main page touches on many issues, so the comments are too dispersed to nail down the particular issue that is driving the stocks/commodities. Such a forum would narrow the scope of the comments while also adding depth/insight on an important issue that appears to be driving markets immediately.