- 3 May 2019
Oh no, US weekly production for the week of 19/6/2020, apparently production went UP...! by 500
to 11,000 (x 10,000)
I think the figures are getting fudged!
That just makes the "going short" conviction even stronger, in my opinion.
The previous panic was a case of "much ado about nothing".
It's getting very real, storages are chockers. POO down overnight.
Who's ready to take delivery of oil and get paid for it.... again?