Saudi oil minister al-Kalih is talking, and is optimistic that $60 is attainable this year... Here is a key point for bulls: "The minister’s words
Chevron Phillips, petrochemical expansion… FuelFix
The story from FuelFix is about a Chevron Phillips $6 billion petrochemical plant expansion, but here is the takeaway: "The effort is the
Shell ditches West Coast rail plan.. Reuters
Reuters discusses Shell's decision not to build a rail terminal in Washington state which would deliver up to 400,000 bpd of Bakken crude
Venezuela owned Citgo… Bloomberg
Years ago, I thought a Citgo sale to Petrobras would be a great fit, possibly as a JV with China... Chavez would get needed billions; Petrobras (Lula
Jim Lentz, CEO of Toyota…. Charlie Rose
I especially liked Jim Lentz's answer to Rose's question, "What keeps you up at night?": the forward price of gasoline (I'm paraphrasing)... Lentz
WTI Implied Vol, update…
Implied volatility in crude oil has dropped about 8 points from it's recent high of 41.7 on September 26th... The OPEC meeting/agreement was a main