Search Results for: oil

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

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

Countries Contribution to Total Oil Production The United States accounted for 18% of global oil production in 2018. Image: Visual Capitalist

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 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 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 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