Monday, April 8, 2019

Monday, April 8, 2019 -- T+96, Part 1

India: from twitter -- India imported 400,000 bopd of Iranian crude oil in March, a nearly 60% increase from February and the highest level in five months based on shipping data and tanker traffic by Bloomberg analysts.

Poll: from twitter -- will Brent hit $71 today (Monday, April 8, 2019)? About two-thirds of respondents say "yes." Brent, before the US market opens, is trading at $70.59.

Tax freedom day: April 19, 2019. In Canada, they celebrated that day on June 10 last year (2018).  For Canadians, almost six months of earnings went to taxes; in the US 3.5 months.

OPEC, also from twitter today --
 

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Outside Our Back Door

Actually about half-a-mile from our little hovel in Grapevine, TX:


About 24 head altogether.

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