Saudi Arabia recently cut their OSP's or official selling price into key markets given the oversupply in their floating storage...
Read moreDetailsWe have been beating the drum on how short the world is on distillate, and the position for diesel/heating oil...
Read moreDetailsThe OPEC+ meeting came across with some fun fireworks, where they announced a cut of 2M barrels a day to...
Read moreDetailsThe U.S. remains on pace to grow production to about 12.3M-12.4M barrels a day as completion activity stays on track.
Read moreDetailsHere is the quick and dirty for the insights this week- a much broader review will come over the next...
Read moreDetailsOPEC+ provided a nominal cut of about 100k barrels a day, but none of the countries are producing above or...
Read moreDetailsEarly next week I will send out another regarding Chinese data, USD strength, and Emerging Market issues.
Read moreDetailsThe U.S. Dollar is driving higher and given the underlying backdrop- it’s unlikely to pause its run higher.
Read moreDetailsThe Chinese data only strengthens the guidance we have provided regarding the consumer and general economic headwinds.
Read moreDetailsAs we described in the previous report, global trade is slowing when we look at some key metrics.
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