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Thursday, June 27, 2019

Notes From All Over -- Part 2 -- June 27, 2019

From Rigone: offshore's future constrained by cash problems? Pretty funny. Tables turned. All that talk about shale oil constrained by cash problems. Now its offshore's problem.

WTI surges, from Rigzone. 24 hours later:
  • WTI up 12 cents.
  • Brent not even close to where Saudi needs it to be.

Faux environmentalists to open the champagne this weekend: largest US east coast refinery to close. Accounts for 3% of the local region's demand for gasoline. Whatever.

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