Post by
mrbb on Mar 07, 2021 4:38pm
Oil to Pop
Yemen’s Houthi rebels fired 14 drones and eight missiles at oil facilities and military sites in Saudi Arabia.
Comment by
oilandgasmick on Mar 07, 2021 5:11pm
Do you have a link to the article? At any rate Yemen is proving to be Saudi Arabia's Vietnam. The road to war is wide but the path home is very narrow.
Comment by
mrbb on Mar 07, 2021 5:35pm
since the 2015 oil price collapse, i didn't see middle east conflict risk premium return in the oil price. i didn;t provide link because it is news everywhere now.
Comment by
meritmat on Mar 07, 2021 6:06pm
Oil up over a buck. God bless oil
Comment by
oilandgasmick on Mar 07, 2021 6:44pm
Yemen's Houthis attack Saudi oil heartland with drones, missiles | Reuters Since Joe took office, saudis no longer have unqualified support for their war.
Comment by
mrbb on Mar 07, 2021 10:48pm
Brent crude oil just cracked the $70 mark. 70.68 now brent spot price
Comment by
oilandgasmick on Mar 07, 2021 11:10pm
If this price can be sustained for a year then its really going to make oil investments attractive so 2021-22 will be a great time to unload some assets and shore up that balance sheet.
Comment by
oilandgasmick on Mar 07, 2021 8:18pm
Looks like WCS is going to break through the $55 mark tomorrow. Who would have thunk it last summer when it was trading for absolutely nothing? Go baby go, go, go.
Comment by
mrbb on Mar 07, 2021 9:14pm
actually there was a day when we can't give oil away.