Global Crude Oil Demand

Global Crude Oil Demand Global demand for crude oil has fallen off a cliff, as the coronavirus pandemic spreads in the U.S. and around the world. Image: The Wall Street Journal

DM Real GDP and WTI Crude Oil (Leading Indicator)

DM Real GDP and WTI Crude Oil (Leading Indicator) Chart suggesting that the 18-month rate of change of WTI crude oil (inverted) tends to lead DM real GDP by 18 months. Image: Topdown Charts

Crude Oil vs. Managed Money Short Positions

Crude Oil vs. Managed Money Short Positions Chart suggesting that oil could rise, when managed money short positions are so extreme. Image: Ned Davis Research, Stifel

ISM Composite PMI vs. Crude Oil

ISM Composite PMI vs. Crude Oil Interesting chart showing that the correlation between the ISM Composite PMI and crude oil is up to 75% since 2015. Image: Lohman Econometrics

Imports of Saudi Arabian Crude Oil

Imports of Saudi Arabian Crude Oil In 2018, the U.S. imported $21.9 billion of crude oil from Saudi Arabia. Image: The Washington Post