Hints and tips:
...The January WTI contract settled around $77/b yesterday, off $10 this month. The December 2023 contract, by contrast, sat about $75/b, off just over $2 over the same period....
...“It is a healthy correction for all of those ‘nice to have’ fintechs, especially series B and above”....
...We forecast demand to rise by an additional 2.2m b/d by year-end, leaving a 5m b/d supply shortfall” the bank’s oil team wrote this week. Why does this matter to investors generally?...
...The state would need as many as 35 drilling rigs in operation and 20 frac crews to keep output around 1.25m b/d. It has 10 and five, respectively....
...Whichever shape the recovery takes — V, W or L — any emissions decline flattens out by the middle of the decade....
...The company says it’s so far received 29 per cent of the rent due on March 25 versus 77 per cent received on the quarter day last year....
...That number has more than tripled to 628 b/d per rig....
...The 77-year-old had received an ovation when he first come on stage....
...Much like the V-22, the project has also suffered setbacks....
...But it doesn’t feel like a V or a W.” Three factors are critical to any recovery....
...- The V.C.s of B.C. - VC: Who will buy my sweet young unicorn? - Of fiscal inflation targeting. - Blanchard says goodbye. - The special relationship between US and UK bond yields....
...-14, rising to 77.3m b/d from 73.8m b/d....
...Fewer rigs are active and companies are slashing upstream budgets. Without new investment US shale oil capacity would deplete at about 300,000 b/d a month says the EIA....
...Although logistical issues to get the surplus oil in the right geographical locations may create volatility in timespreads, ultimately we estimate that there is sufficient capacity store 1.0 million b/d...
...Today, inefficiency and incompetence have led to a string of accidents, causing 77 deaths before the Amuay explosion since 2003....
...Lamprell , the oilfield engineer, jumped 8.9 per cent to 305p after winning an order from Greatship Global Energy Services to build a new drilling rig....
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