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PENN WEST PETROLEUM LTD. T.PWT

Energy Oil & Gas E&P
"Penn West Petroleum, based in Calgary, Alberta, is an independent Canadian energy company focused on the exploration and production of oil and natural gas resources in Saskatchewan, Alberta, and British Columbia. At the end of 2015, the company reported proven reserves before royalties of 208 million barrels of oil equivalent. Daily production averaged 86,000 barrels of oil equivalent in 2015, at a ratio of 69% oil/31% gas."


TSX:PWT - Post by User

PENN WEST PETROLEUM LTD.
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Post by makedonkaon Jun 12, 2017 5:13pm
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Post# 26354229

Saudi Limit Oil Supplies To Asia In July And What It Means

Saudi Limit Oil Supplies To Asia In July And What It Means

Reuters reported that Saudi Aramco is limiting crude supplies to Asian buyers for July.

We highlight below why RBC believes that the Atlantic basin is a key indicator for global oil rebalancing.

We also highlight why RBC believes watching Saudi OSP (official selling price) is a great way to watch for the supply and demand outlook for Atlantic basin."

Welcome to the limit supply edition of Oil Markets Daily!

https://seekingalpha.com/article/4080918-saudi-limit-oil-supplies-asia-july-means?app=1&isDirectRoadblock=false


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