Tuesday, December 18, 2018
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Speculators Cut Bullish Oil Bets by Most in Nine Months

Hedge funds reduced their bets on rising West Texas Intermediate crude prices by the most in almost nine months as U.S. inventories climbed and concern eased that sanctions against Russia will disrupt oil supplies.

Frigid U.S. Weather Means Highest Power Prices Since ’08: Energy

Freezing temperatures gripping the eastern U.S. will result in the highest electricity prices in six years for consumers in Boston, Dallas and San Francisco.

Brent Trades Near Two-Month Low as Libya Output Recovers

Brent fell to its lowest intraday level in two months following the first increase since March in oil supply from Libya, holder of Africa's biggest reserves.

Speculators Boost Bullish Oil Bets to Record on Cushing: Energy

Hedge funds increased their bullish bets on West Texas Intermediate oil to a record as rising flows of domestic crude to Gulf Coast refineries cut demand for more costly foreign grades.

Brent Halts Longest Decline Since August Amid Iraq Clash

Brent halted its longest run of losses since August on concern that clashes between Iraq's government and militants linked to Al-Qaeda may lead to a disruption in oil output.

Brent rises above $106; fall in Cushing stocks buoys US crude

Brent crude rose above $106 a barrel on Wednesday, pulled higher by gains in U.S. benchmark oil after industry data showed a drop in inventories at the WTI contract's delivery point.

Brent Crude Rises Most in Two Weeks as Libyan Ports Remain Shut

Brent crude rose the most in two weeks in London, rebounding from yesterday's drop, as four major ports in Libya remain shut.

Brent holds near $108 on cold spell, stimulus cut weighs

Brent oil rose to $108 per barrel on Thursday as bitter cold in the United States boosted heating oil demand, though prices were capped by weak Chinese economic data and the U.S. Federal Reserve's move to trim its monetary stimulus.

Nigerian Oil Unions Defer Strikes Over Refinery Sales

Nigeria's two main oil unions deferred plans to start an indefinite national strike on Jan. 1 until they meet with government officials to discuss proposals to privatize the nation's four state-owned oil refineries.


  • Department of Energy Weekly Report (Wednesdays 10:30am est)
  • American Petroleum Institute Weekly Report (Wednesdays 10:30am Est)
  • Natural Gas Inventories Weekly Report (Thursdays 10:30am est)
  • OPEC Production Quotas
  • OPEC Monthly Oil Market Report
  • Non-OPEC Oil Production
  • Mideast Stability
  • Weather- Related demand
  • CFTC Commitment of Traders Report
  • Energy Information Administration Report (Tuesday afternoons)
  • International Energy Agency Policy
  • Chinese (Asian) demand
  • Iraqi production and export levels
  • Russian shale production
  • Alternation Energy production and technological breakthroughs
  • Inflation
  • Dollar weakness and purchasing power
  • Refining Capacity
  • Weather related refining production limitations (eg hurricanes in the gulf)
  • Venezuelan Production
  • Venezuelan Foreign Policy in relation with US
  • Iran Nuclear dispute status
  • US Strategic Petroleum Reserves
  • US New Drilling and Exploratory Initiatives
  • Oil Spills
  • International Energy Agency Reserves
  • General Accountability Office Study on Geopolitical Disruptions
  • International and Domestic Tax rates relating to oil and gasoline
  • New Geopolitical order after Arab Spring

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