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Showing posts with label SaudiShellGame. Show all posts
Showing posts with label SaudiShellGame. Show all posts
Wednesday, June 7, 2017

US Crude Oil Inventories "Unexpectedly" Increase -- June 7, 2107

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WTI drawdown : forecast: a 4-million bbl drawdown; actual: a 3.3 million build. Wow. From CNBC. Weekly reports are here (dynamic link). I c...
Sunday, June 4, 2017

Worth Reposting: Saudi Blowing Smoke -- Bloomberg -- June 4, 2017

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Updates June 4, 2017 : Saudis just blowing smoke -- Bloomberg . Nice update of the three Motiva refineries: Port Arthur in Texas (Saudi A...
Friday, June 2, 2017

Worth Re-Posting -- Global Crude Oil Supplies Increased First Three Months Of 2017 -- June 2, 2017

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A gazillion stories on the oil sector will be reported this month (as every month). It's hard to sort out the most important story or da...

The More Things Change, The More They Stay The Same -- June 2, 2017

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Back on January 28, 2016, The Financial Times said OPEC was irrelevant . It seems things haven't changed, although now The Financial Ti...
Wednesday, May 31, 2017

WTI Down Again -- May 31, 2017

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Second trillion-dollar mistake : see graph below. Oil traders are not impressed. Pushing WTI below $48. OPEC doesn't understand the mark...
Saturday, May 27, 2017

About That Cut In OPEC Production --- May 27, 2017

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Updates June 4, 2017 : Saudis just blowing smoke -- Bloomberg . Nice update of the three Motiva refineries: Port Arthur in Texas (Saudi ...
Monday, May 22, 2017

Why I Love To Blog -- Reason #23 -- May 22, 2017

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Weeks ago, if not months ago, this was the first ad-free, no-subscription/password-required blog on the Bakken that saw through the smoke an...
Saturday, May 6, 2017

OPEC Runs Out Of Options -- Bid To Boost Oil Prize Fizzles -- Bloomberg -- May 6, 2017

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New Poll With regard to the stories in this post, let's see what readers think. New poll at the sidebar in which we ask whether one ...
Friday, May 5, 2017

Saudi Arabia's 2nd Trillion-Dollar Mistake -- Playing a Shell Game -- May 5, 2017

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The stories now coming out: OPEC likely to extend production cuts but won't make the cuts deeper . The initial cuts were minimal in th...