Energy Investing - OPEC+ LIKELY TO STICK WITH EXISTING OIL-OUTPUT POLICY AT DEC. 4 MEETING FIVE SOURCE - Energy Investing - InvestorVillage


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Msg  466498 of 489677  at  11/29/2022 4:30:01 PM  by

smittyfrmpa

The following message was updated on 11/29/2022 4:31:09 PM.

 In response to msg 466488 by  doomonyou
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Re: OPEC+ LIKELY TO STICK WITH EXISTING OIL-OUTPUT POLICY AT DEC. 4 MEETING FIVE SOURCE

Okay Doom, let's try this in a somewhat different context. Assuming demand at 20 million BOD in May, 2014, we had 52.7 days of supply, with combined SPR and commercial inventories (1.054 billion), and WTI was $128/barrel. Today, we have 41 days of supply, at 20M BOD demand, with combined SPR + commercial at 827 million barrels, and WTI is ?


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Msg # Subject Author Recs Date Posted
466502 Re: OPEC+ LIKELY TO STICK WITH EXISTING OIL-OUTPUT POLICY AT DEC. 4 MEETING FIVE SOURCE navajojoe 0 11/29/2022 4:45:39 PM
466534 Re: OPEC+ LIKELY TO STICK WITH EXISTING OIL-OUTPUT POLICY AT DEC. 4 MEETING FIVE SOURCE ghmndod 13 11/29/2022 7:32:34 PM




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