Total oil inventory by global region.

Source: Morgan Stanley

#oott #com

Tanyarlfes Sorry oott, ada yang jual VIU?

API inventory moves 4/23

crude -3.23 million (+1.8 million exp.)
gasoline -595,000
distillates +724,000
Cushing -898,000

SPR +800,000
#oott #crudeoil

Notes on the unit were more accurate than the well files.
Either way she is back online! $$$$$
#OOIL #EFT #OOTT #Oil #Oil AndGas #OFS

CHART OF THE DAY: American total oil exports (crude and refined products, on a gross basis) surged last week pass the 12 million barrels per day level | #OOTT #ShaleRevolution #Permian #Texas

$sei.v $aoi.to $galp.ls #oott $shel AND ANOTHER OILFIND. This time it’s enigma 1x .. just amazing. And what’s cool is that Sintanas exposure to this basin is on par with that of Africa Oil - a 1bn C$ company campared to sintanas 150m. upstreamonline.com/exploration/sh…

Opec won’t raise production anytime soon #OOTT

And away………..we………….go!
#OOIL #EFT #OOTT #Oil #Oil AndGas #OFS

The Brent front-month timespread is tightening strongly. I keep thinking about it, but it doesn't seem to be this tight yet...

Makes me wonder if I have a bearish bias or if there is something I'm not seeing. Who's buying crude oil in a hurry?

#oott #com

OIL - IT'S THE DEMAND STUPID! #OOTT ALWAYS!!!

Analyzing global diesel/gasoil flows.

Source: Vortexa

#oott #com

Massive shale reserves in Russia….it’s time to make friends. #EFT #OOTT #ONGT

321 crack spread at $30.83 up 5.8% Bullish #com #oott

'Oil erased earlier losses to top $83 a barrel as a weaker dollar boosted commodities priced in the currency.'
bloomberg.com/news/articles/…
#energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #commodities

We are mapping out Venezuela’s oil & gas industry. It will be essential for energy businesses and for any investor looking into Venezuela. What are the main opportunities and challenges? What is the value of each point of interest? #OOTT

orinocoresearch.com/news/mapping-v…

*BRENT OIL PRICES SURGE 3% ON REPORTS OF ISRAELI STRIKES ON IRAN

#OOTT

FT: “.. Two decades ago the US produced about 7mn barrels a day of petroleum .. Now the US produces almost 20mn .. The prolific Permian Basin .. pumps more oil than Kuwait, Iraq or the UAE, three of Opec’s powerhouses.” 🇺🇸

Financial Times #OOTT Kevin Gordon
ft.com/content/030dc3…

Exclusive: #Iraq will stick to its pledge to cap crude exports at 3.3mn b/d until the end of the year, regardless of what the #Opec + coalition decides at its June meeting, sources told Argus Media.

More on this & the latest regarding north crude exports in the link 👇🏼.
#oott

Meanwhile… the opec cats think this is very tricky market to manage. Don’t rule out any options including creative ones at the upcoming June meeting. #OOTT

⚡️More commodities open higher in #China on Thursday. INE Freight Index futures open up 5.5%, to a new high since its debut.
#IronOre rises 1.5%. #Copper +0.64%, #nickel +0.6%, #aluminum +0.52%. #Tin extended gain to 0.8%. #Zinc flat.
INE crude oil +1.08%. #OOTT