Free Trial

What to Watch: EIA Drilling, WTI Option Expiry and JODI Data

  • EIA release their latest drilling productivity report at 14:00 ET with details of US production from oil and gas rigs. The updated Baker Hughes rig count data on Friday showed a jump in oil rigs to 610 after holding steady since July while gas rigs were stable at 157.
  • The Nov22 WTI options expire against the 19:30BST future close price today. Current open interest shows the biggest nearby strike of interest is at 85$/bbl.
  • The update to the Jodi world oil database is due today giving the latest data regarding both global supply and demand amid high market uncertainty.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.