Understanding Oil consumption demand drivers – step three

  Slightly dated but still very relevant article by Alan Reynolds at CATO that explains where Oil consumption actually goes. The key point being made in by Alan in 2005 was don’t look at vehicular consumption of refined products, look at industrial production and usage driven by manufacturing, heating, farming and logistics. Alan also goes…Read moreRead more

Understanding Oil – An analyst’s starting point

A year ago when we first started looking at oil, it was like a different world with a different language. To bring some sanity and order to our confusion we started with a list of very simple and basic questions to better understand the behavioral dynamics of oil. The first question dealt with supply. How…Read moreRead more