Venezuela Must Pay Debts Before Oil Returns
"Active discussions" between @SecretaryWright & Venezuela's leader are meaningless Until Venezuela pays what it owes and restores contract trust, Big Oil won’t come back. Pay up or shut up. They won't pay so what's the point? #Venezuela #Oil #EnergyPolicy #Sanctions #RuleOfLaw #Geopolitics #RealityCheck https://t.co/7FKWgPpOIo
Photo Op Won’t Revive Venezuela’s Oil Without Real Investment Conditions
You don’t revive Venezuela’s oil sector by touring dilapidated fields @SecretaryWright This is a pointless photo op Tell us about restoring conditions in which companies would risk capital to revive oil production. Otherwise, keep the photos on your phone #EnergyPolicy #Venezuela #OilMarkets #Geopolitics...
Oil Inventories Rise, Distillate Falls Amid Mixed Market
A mixed week for the oil glut story CI rose but has fallen from its mid-January maximum U.S. comparative inventory rose 1.7 mmb for the week ending February 6 Crude C.I. rose 7.1 mmb, gasoline rose 1.0 mmb but distillate fell 2.4...
WTI Inventories Plunge 54%, Prices Push Toward Yellow Curve
WTI comparative inventory has decreased 14 mmb (54%) from its mid-January maximum $63.09 WTI was $6.50 > marginal price on the red yield curve the week ending February 6 Markets may be adjusting price upward toward the yellow yield curve #energy #OOTT #oilandgas...
