June 2025

  1. Dennis, Ovi, Might a fairly simple model of our current Hormuz situation be helpful? Here’s a very rough draft: Hormuz…

  2. The big banks and financial institutions (more likely their clients) are net short 546,125,000 barrels of oil………. These paper barrels…

  3. Good morning, I just took a peek at the WTI COT report: https://www.barchart.com/futures/commitment-of-traders/interactive-charts/CL*0 In the disaggregated report (=more accurate representation…

  4. US tight oil scenario in chart linked at bottom, tight oil output decreases at an average annual rate of 8.5%…

  5. In my experience, this tar/bitumen came in 2 forms – mobile and immobile. The mobile version was more likely to…