Arthur Berman large

Erik Townsend and Patrick Ceresna welcome Art Berman back to MacroVoices. Erik and Art discuss:

  • Comparative inventory on oil
  • Inventory correlation to price
  • Price cycles and the oil-price yield curve
  • Impact of U.S. exporting oil
  • Trends in tight oil rig counts
  • Managed money unwinding net long positions
  • Distillate and gasoline inventories
  • Why is backwardation collapsing on WTI
  • Sensitivities to supply concerns
  • Discrepancies between IEA and OPEC forecasts
  • Where are oil prices going in 2019?