All
  • All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Views
Write a Squawk
No posts
  • 1d
    Ole Hansen Ole Hansen
    Crude oil trading higher by 1% this Monday with headlines from the Northern Iraq the main driver. https://www.bloomberg.com/gadfly/articles/2017-10-15/iran-s-a-distraction-the-urgent-problem-is-kurdish-oil
    Recent headlines from Reuters:
    OIL, NATURAL GAS PRODUCTION FROM KIRKUK PROCEEDING...
  • Calendar event / Thursday at 15:00 GMT
    High Crude Oil Stocks, Net Chg (Bbl)
    -1.7M
    -2.747M
    High Gasoline Stocks, Net Chg (Bbl)
    -0.6M
    +2.49M
    High Distillate Stocks, Net Chg (Bbl)
    -1.4M
    -1.48M
    Med Crude Oil Stocks (Bbl)
    462.216M
    Med Gasoline Stocks (Bbl)
    221.426M
    Med Distillate Stocks (Bbl)
    133.959M
    Med Total Prod Supplied (Bbl/day)
    19.716M
    Med Total Prod Supplied, Net Chg (Bbl/day)
    +0.002M
    Med Refinery Usage
    88%
    89.2%
  • 4d
    Ole Hansen Ole Hansen
    Limited market reaction to the EIA report despite seeing the API data being wrong on all three. Hurricane Nate played its part on trade, production and stocks....
    4d
    Ole Hansen Ole Hansen
    Charts
  • Squawk / Thursday at 7:14 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    Crude oil trading softer ahead of the 'Weekly Petroleum Status Report' from the U.S. Energy Information Administration (EIA) at 1700CET. This in reaction to a surprise rise in oil and distillate stocks being reported by the API last night (table attached).
    Before then at 1000 CET we get the monthly 'Oil Market Report' from the International Energy Agency (IEA). It was last months report which helped send oil to its recent peak before two consecutive bearish stock report triggered the correction that lasted up until last Friday.
    IEA comments will be posted below once out.
    Link: https://www.iea.org/oilmarketreport/omrpublic/
    Read the Squawk
    5d
    Ole Hansen Ole Hansen
    Crude oil trading a tad softer as the IEA says oil inventory decline will halt in 2018. A 1.5M b/d rise in non-Opec production leaving no room...
    5d
    BHASKAR REDDY BHASKAR REDDY
    thank you sir
    3d
    Martinez Martinez
    Hello Ole,How is your health and work doing?
  • Calendar event / Wednesday at 20:30 GMT

    US API Weekly Statistical Bulletin

    forecast
    actual
    Med Crude Stocks, Net Chg (Bbls)
    +3.1M
    Med Gasoline Stocks, Net Chg (Bbls)
    -1.6M
    Med Distillate Stocks, Net Chg (Bbls)
    +2M
  • Calendar event / 04 October 2017 at 14:30 GMT
    High Crude Oil Stocks, Net Chg (Bbl)
    -0.3M
    -6.023M
    High Gasoline Stocks, Net Chg (Bbl)
    +1.2M
    +1.644M
    High Distillate Stocks, Net Chg (Bbl)
    -1.8M
    -2.606M
    Med Crude Oil Stocks (Bbl)
    464.963M
    Med Gasoline Stocks (Bbl)
    218.936M
    Med Distillate Stocks (Bbl)
    135.439M
    Med Total Prod Supplied, Net Chg (Bbl/day)
    -1.386M
    Med Total Prod Supplied (Bbl/day)
    19.714M
    Med Refinery Usage
    89.7%
    88.1%
  • 04 October
    Ole Hansen Ole Hansen
    Oil and gasoline both higher following EIA report which showed a 6M barrel drop in crude stocks and a 1.6M barrel increase in gasoline. Distillate stocks declined...
    04 October
    Ole Hansen Ole Hansen
    Surging US crude oil export once again the big outlier in this weeks report. With additional barrels being moved into the global market it should further reduce...
    04 October
    JJb JJb
    I guess I’m out of these dodgy price reactions on Wednesday. Anything is a reason to sell. I guess US also makes money by exporting some of...
  • 02 October
    AIRLINE AIRLINE
    Hi Ole,

    Interesting what you mention regarding Brent (BZ) at CME as well as Brent/WTI spread. Perhaps you could include this and inform a little about...
  • 29 September
    Ole Hansen Ole Hansen
    Funds increased bullish bets on Brent crude to a fresh record in week to Sep. 26. Looking stretched with length also added again to products
    01 October
    torres089 torres089
    The largest traders are longs in CL