Locator: 46918B.
Pay attention to Lousiana Light Sweet -- some see LLS as a proxy for Bakken (also light sweet). Difference of course is proximity to refiners.
Permian: existing wells break even at $37.
Gasoline demand, link here:
Tickers at the close:
- CVX: up slightly; pretty much flat
- DVN: down 23 cents;
- MPC: up $1.32;
- EPD: down 12 cents;
Market spooked by one of the Fed presidents saying "what's wrong with higher for longer?"
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.