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2018-04-23 Arabia
The rising, falling crude fortunes
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Posted by Fred 2018-04-23 00:00|| || Front Page|| [7 views ]  Top
 File under: Govt of Saudi Arabia 

#1 US Oil Rig Count is at a current level of 820 and up from 683 one year ago. This is a change of 20.06%. Rise in crude = big moves in Permian Basin and Bakken. Niobrara finally seeing activity. $80 dollar oil (unlikely) and drilling will explode in USA.
Posted by Clurong Peacock9529 2018-04-23 11:01||   2018-04-23 11:01|| Front Page Top

#2  What SA wants, what it will get, and what the real meaning of the outcome turns out to be, are all unknowns. Some prices of oil can kill economies and trade.
Posted by Anguper Hupomosing9418 2018-04-23 15:15||   2018-04-23 15:15|| Front Page Top

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