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Olduvai III: Catacylsm
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Oil Falls Off the Chart, Crushes Hopes

Oil Falls Off the Chart, Crushes Hopes Greatest oil glut in history exacts its pound of flesh. The ugly data for oil – ugly for those who’ve been hoping for, and hyping, a quick rebound to Nirvana – keeps piling up. But for two months, the price of oil was immune to it, trading in […]

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The Truth About U.S. Crude Storage

The Truth About U.S. Crude Storage Despite the popular narrative that we keep hearing, the U.S is not running out of crude oil storage. Yet there are those who are predicting that oil prices are going to fall to $20 or $30 a barrel, pointing to the crude oil storage numbers and suggesting that we […]

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Bullish Oil Wagers Cut in Sign of Growing OPEC Skepticism – Bloomberg

Bullish Oil Wagers Cut in Sign of Growing OPEC Skepticism – Bloomberg. Speculators are the least bullish on U.S. crude in 20 months as they lose faith in OPEC’s willingness to ease a global supply glut. Money managers reduced net-longpositions in West Texas Intermediate by 8 percent in the week ended Nov. 4, U.S. Commodity Futures Trading Commission […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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