Hello, I am getting involved in energy trading lately. What are the most important reports and news to follow when trading energy? What are their release schedule? Is their a good calendar available somewhere? Thanks a lot.
TraDaToR, For Energy EIA reports are one of the important ones. Bloomberg genric cal has these listed; probably a good start. http://www.bloomberg.com/markets/economic-calendar/ But, as far as trading is concerned; its best to manage your positions so they are agnostic to any of these reports and report times. regards! -gariki
API stats are almost as important as the EIA ones nowadays... The only other regular one that I can think of is the Baker Hughes rig count, which comes out on Fridays.
Will "Baker Huges rig count" will move crude a good deal or hiccup and return back to previous trend? Thanks
Well, that's a very tricky question... Let me put it this way: when things were less clear, it used to be more meaningful than it is now, when it's basically scraping the bottom of the barrel. Maybe it will become more meaningful again when/if it starts rising.
You thought wrong, senor... I've never done credit, but I do inflation, which is why I follow all the crude noise.
An other thing, does someone know a good energy focused radio? I prefer to listen to radio when I trade instead of reading articles. Chip Flory's"Market rally"is really great for grain traders.