“We have an agreement” for a “nominal” production increase of 1 million barrels a day, Saudi Energy Minister Khalid Al-Falih told reporters in Vienna.
Pipeline constraints to continue in the Permian…
From the Houston Chronicle, here, quoting Scott Sheffield, CEO of Pioneer Natural Resources: “"We will reach capacity in the next 3 to 4 months,"
Carrizo Oil and Gas CEO talks to Cramer… CNBC
Here is CEO Chip Johnson’s take on tariffs: ”I don't think that really matters. I think we'll sell the oil that we export to Europe if we don't
China’s threat to cut US oil imports… WSJ
Here is some common sense from Tom Pugh, Capital Economics, quoted in the WSJ, here... ”“If the U.S. is exporting less to China, it’s exporting
Andy Lebow quote…WSJ
CRG’s own Andy Lebow is quoted in the Wall Street Journal here: ““If there’s any impact on the global economy from disruption of trade due to
US petroleum, products stock levels… EIA
The EIA’s This Week In Petroleum helps us put stock levels in perspective... Compared to 5 year averages we see that distillate stocks are tightest,