Week In Review 20Dec

13-18Dec Auction

via The Daily

Central Banks

• FOMC Statement. (Federal Reserve)
• Brief History Of US Inflation, 1775-2015. (WSJ)
• What The Fed Rate Hike Means. (Paul Craig Roberts)

Geopolitics

• Russia Boosts Oil Sales In Asia As OPEC Stalls. (Reuters)
• Spending Bill To Lift Export Ban. (The Hill)
• NATO Defense Cuts To End Aid Security Concerns. (Telegraph)
• UN Climate Change Conference: Turning Point For Energy? (Wood Mackenzie)

Supply/Demand & Markets

• Cheap Oil Forces SWFs To Retreat. (Reuters)
• With Oil Hedges Rolling Off, Shale Producers Face Test. (Reuters)

WTI 16Dec

Wednesday's Auction

via The Daily

As noted in Tue's analysis, the focus into Wed's auction on response to 37.90s-37.40s, was key as selling interest emerged near there, driving price lower toward the Daily 2nd Std Dev Low. Focus into Thu's auction on response to 35.30s-35.60s, near the Composite Cluster Low. 

Week In Review 13Dec

06-11Dec Auction

via The Daily

Central Banks

• Fed Guide To Rate Hike. (Reuters)
• Oil Slump Means BOE Will Keep Rates Lower For Longer. (Telegraph)
• Who Are Non-Banks & Why Are They Important? (Marius Jurgilas via BIS)

Geopolitics

• IMF Forgives Ukraine's Debt TO Russia. (Zerohedge)
• Yamani Legacy Haunts Oil Market. (John Kemp via Reuters)
• Hearing To Examine Terrorism & Global Oil Markets. (US Senate Committee On Energy) 

Supply/Demand & Markets

• EIA: -3.6mil. (EIA)
• Low Oil Prices Are Undermining Currencies In Oil-Producing Countries. (Energy Fuse)
• Cost Efficiency In Upstream Oil & Gas. (Wood Mackenzie)
• Billions Of Barrels Of Oil Vanish In Accounting Smoke. (Bloomberg)

Weekend News 15Nov

08-13 Nov Auction
via The Daily

 

Central Banks

• Blockchain Offers Robust Electronic Ledger For Financial Services. (HSBC via ValueWalk)

Geopolitics

• IEA Fear 1970s Style Supply Crunch. (Telegraph)
• How ISIS Uses Oil To Fuel Its Jihad. (FT via Irish Times)

  

  Source: EIA (Nov 2015)

  
  

Supply/Demand & Markets

• EIA: +4.2mil v +700k exp. (EIA)
• Watch The Spreads As Oil Prices Tumble. (John Kemp via Reuters)
• Saudi Spare Capacity & More. (Oil & Gas Investments) 

Weekend News 31Oct

25-30 Oct Auction   
via The Daily 

Central Banks

• Brainard: Economic Outlook & Monetary Policy. (BIS)
• The Circle That Controls The $14Trillion Credit Insurance Market. (Bloomberg)
• BOJ Holds Steady On Policy. (Telegraph)
  

Source: EIA (Oct 2015)

Geopolitics

• Taking Stock Of ISIS Oil. (Energy Fuse)
• How Russia Targets The West's Soft Underbelly. (Diplomat)
• US Plans To Sell Down SPR To Raise Cash. (Bloomberg)
  

Supply/Demand & Markets

• EIA: -3.4mil v +3.4mil exp. (EIA)
• How Technology Changed World Oil Markets. (Platts)

Weekend News 18Oct

11-16Oct Auction 

via The Daily

Central Banks

• Fed Quietly Revises Debt To GDP From 330% to 350%. (Zerohedge)

• Uncertain Central Bankers Leave Markets "Stranded". (Reuters)
• China's Currency On Track To Challenge USDollar In Oil Markets. (Energy Fuse)

Geopolitics

Source: EIA (Oct 2015)

• How Oil Fuels ISIS. (FT)

• Big Oil Backs Climate Change Agreement. (Bloomberg)

Supply/Demand & Markets

• EIA: +7.5mil v +2.8mil exp. (EIA)
• Oil Market On Course To Stabilize With Growing Demand. (Irish Times)

Weekend News 06Sep

30Aug-04Sep Auction 

via The Daily

Central Banks

• QE, All For Nothing? (Elliott Wave International)

• Energy Lenders Balk At Deals Aimed At Saving Drillers. (Bloomberg)

Geopolitics

• Saudi King To Meet With POTUS Over Iran Deal. (Reuters)

• Don't Count Libya Out Yet. (Energy Fuse)

• Big Oil Slashes Lobbying Spending. (Bloomberg)
  

Source: EIA (Aug 2015)

Supply/Demand & Markets

• EIA: +4.7mil v +30kexp. (EIA)

• China Oil Market Reform Paves Way For New Crude Benchmark. (Reuters)

• Majority Of US Shale Firms Pass Up Q2 Opportunity TO Hedge At $60. (Reuters)

Weekend News 26Jul

19-24Jul Auction 
via The Daily

Central Banks 

Both Buyside & Sellside Excess (Tails) Result In Directional Activity

• US Banks Prepare For Oil & Gas Loans To Worsen. (Reuters)

• Additional Monetary Easing For China?  (Bruegel)

• Effect Of Strong USDollar On US "Growth". (NY Fed) 

Geopolitics

Source: EIA (Jul 2015)

• Tehran's Promise. (New Yorker)

Supply/Demand & Markets

• EIA: +2.5mil v -1.9mil exp. (EIA)

• China Reshapes World Of Commodities. (Economist)

• SP 500 Earnings & Revenue, Ex-Energy. (John Butters via Factset)
  

Weekend News 19Jul

12-17Jul Auction 
via The Daily

Central Banks

Wed's Sellside Auction On"Bullish" EIA Data

• China Increases Gold Holdings 57% Since Last Official Update In 2009. (Zerohedge)

Geopolitics

• 4 Questions To Determine Long Term Success Of Iran Nuclear Deal. (Elizabeth Rosenberg via CNAS)

• Iran Nuclear Deal Effect On Oil Markets. (Platts)

• Varoufakis Opens Up About His Tenure. (New Statesman)

• Greek Deal Done As Parliament Approves Bailout. (Reuters)

Source: EIA (Jul 2015)

Supply/Demand & Markets

• EIA: -4.3mil v -2.1mil exp. (EIA)

• China Oil Demand Rises In June. (Reuters)

• Russian Oil Majors At $60/bbl. (Wood Mackenzie)