26Apr-01May Auction
via The Daily
Price discovery higher to Overhead Low Usage Resistance, 60s-62.60s. Secure High/Selling Tail develops, 62.60s-62.10s on "bullish" EIA data release.
03-08May Auction
via The Daily
Central Banks
- David Einhorn Opines On Shale & HY Energy Debt. (Zerohedge)
- Banks Worried Oil Sector Loans Will Sour. (MarketWatch)
Geopolitics
- Potential Repercussions Of Return Of Iranian Oil To Global Markets. (Platts)
- Thucydides' Trap. (Diplomat)
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| Source: EIA (May 2015) |
Supply/Demand & Markets
- EIA: -3.9mil v +1.5mil exp. (Econoday)
- Oil Forward Curve Flattening. (Reuters via South China Morning Post)
- Andrew Hall On The Current Market. (Bloomberg)