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

U.S. Energy Balance Leads Oil-Dollar Correlation

U.S. Energy Balance Leads Oil-Dollar Correlation Interesting chart suggesting that the U.S. real energy balance leads the oil-dollar correlation by three years. Image: Oxford Economics, Macrobond

The Treadmill of U.S. Oil Shale

The Treadmill of U.S. Oil Shale Chart suggesting that the treadmill of U.S. shale is accelerating. Image: Goldman Sachs Global Investment Research

History of Oil Prices Since 1861

History of Oil Prices Since 1861 This chart is a good illustration of oil price volatility over time. Image: Goldman Sachs Global Investment Research

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

Oil Market Disruption

Oil Market Disruption This chart suggests that “the oil market can cope with a larger Saudi disruption for several months.” Image: Goldman Sachs Global Investment Research

Countries Dependent on Saudi Oil Imports

Countries Dependent on Saudi Oil Imports Japan, South Korea and South Africa are among the countries most dependent on Saudi oil imports. Image: Arbor Research & Trading LLC

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

The World’s Biggest Oil Producers

The World’s Biggest Oil Producers The U.S. is the first-largest producer of oil in the world, accounting for 16.2% of all production in 2018, and has surpassed Russia and Saudi Arabia. Image: Statista