Vlad on US Oil Output and AEPVlad appears to making remarkably fast strides with his written English! US output data interesting I thought:
As Vlad say, US inventory means little as it all about how much extra US choose to import to maintain stocks. US production more of the interest although Alaska output although flat over the time very changeable week to week, so Vlad list the end of month output for each month since peak last a June.
June 2015: 9,595
July 2015: 9,465
Aug 2015: 9,218
Sept 2015: 9,096
Oct 2015: 9,160
Nov 2105: 9,202
Dec 2015: 9,202
Jan 2016: 9,214
Feb 2016: 9,077
Mar 2016: 9,022
Apr 2016: 8,825
May 2016: 8,735
June 2016: 8,622
July 2016: 8,460
So, AEP at Telegraph say shale output fall bottoming now yes? Not through Vlad's lens, looks to Vlad as though fall still accelerating as was expect in H2 2016. AEP he susceptible to the wine and the dine, Vlad has advice for AEP, that be 'always check the facts for your own self'