GREY:LSTMF - Post by User
Comment by
DocMaillouxon Jun 08, 2016 9:03am
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Post# 24945333
RE:very interesting situation
RE:very interesting situationDude oil is going to 56-64$ , 80$ end of year
-Niger delta avengers bringing Nigeria o 0 productioo
- Venezuela in chaos
- Canadian production revised down because of forest fires
- refining capacity going up 800 000bbd in the next month
- Saudis and Emirates entering summer consumption 500 000 bbd more needed
were pretty much in balance and if it wasn't for the inventory overhang we would be in an undersupplied market right now ... 1 black swan event and were at 100$ wti