Saudi officially came out and reduced their OSPs (official selling prices) inline with our expectations EXCEPT when it comes to...
Read moreThe inflation story and “narrative” has been switching all over the place the last several years. It started with “inflation...
Read moreThere is some new equipment coming to market in 2023, but nothing that is going to take us back to...
Read moreQuick update- frac spread count fell inline with seasonal norms so there really hasn’t been much change to report.
Read moreWe also “officially” have the price cap set at $60, but it’s still well above the price of Urals.
Read moreThe market remained volatile across the paper markets after a missile landed in Poland killing two people. Governments have tried...
Read moreWe have described time and time again that that China won't be abandoning the zero COVID policy. After the communist...
Read moreSaudi Arabia recently cut their OSP's or official selling price into key markets given the oversupply in their floating storage...
Read moreWe have been beating the drum on how short the world is on distillate, and the position for diesel/heating oil...
Read moreThe OPEC+ meeting came across with some fun fireworks, where they announced a cut of 2M barrels a day to...
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