Fayez Majzoub

Experienced advisor with demonstrated history of working in the O&G industry. Skilled in Petroleum, Gas, Analytical Skills, & Market Research

[Fayez Majzoub @fmajzoub1]

@bujsem الله يحفظه ويطول بعمره

[Fayez Majzoub @fmajzoub1]

@ARaj_Energy The SPR was built when US imported around 12 mil b/d in 80's and 90's and was used occasionally omly during Hurricane Disruption,however there was no interruption from AGulf imports
Today US prod. incl. liquids ar 18 mil.b/d and imports from A Gulf is one mil bl/d

[Fayez Majzoub @fmajzoub1]

@lngglobal For Security of Supply also they lease LNG capacity as tolling to liquify their LNG and shipped to their regasification terminal

[Fayez Majzoub @fmajzoub1]

@lngglobal European Gas companies need to invest in US LNG liquification plant and logistical pipeline and shipping industry

[Fayez Majzoub @fmajzoub1]

@Attaqa2 Most major oil companies get higher margin from Gasoline and Diesel
Gasoline and Diesel margins usually around 25 to 30% above crude oil prices

[Fayez Majzoub @fmajzoub1]

@OilandEnergy Releasing crude oil from SPR will improve market sentiment and may help gasoline prices,however the shortage in US refining capacity will continue affect gasoline supply and price movement

[Fayez Majzoub @fmajzoub1]

@kingofcrude Also Dr. The winter weather impact if it cold or warm weather will affect crude oil and heating oil prices and Iran Nuclear deal will add more supply

[Fayez Majzoub @fmajzoub1]

@anasalhajji Hi Dr.
Natural gas prices in the Permian Waha fell to negative 2/MMBTU compared to Henry Hub Nymex $around 5/MMBTU
due to lack of pipeline capacity and pipeline maintenance shutdown
This Natural Gas they extract the liquid associated with it and almost giving away

[Fayez Majzoub @fmajzoub1]

@qa_observer 🙏

[Fayez Majzoub @fmajzoub1]

@SullyCNBC Higher interest is not going to bring cost of living down
This is International phenomena the $80/bl for crude oil is equivalent to $60
20 years ago
Any thing goes up in prices it takes years to come down

[Fayez Majzoub @fmajzoub1]

@elerianm I think inflation and cost of living is
International phenomena today
EXample crude oil prices at $80/bl
Is equivalent to $60 ten years ago
To bring cost of living down supply should eceed demand
US economy is very strong they have everything they can produce domestically

[Fayez Majzoub @fmajzoub1]

@qa_observer @anasalhajji When US$ is strong crude oil prices becomes very expensive to other curreny
Also demand growth affected crude oil prices in either direction
AND OPEC crude oil excess capacity usually gives security for the market incase any disruption

[Fayez Majzoub @fmajzoub1]

@qa_observer @anasalhajji OPEC rule to ensure fundamentals of oil market are balanced
OPEC has no control on crude oil prices
Speculators and traders in the future market can drive prices upside and down
Also the strength of US$ can affect crude oil prices
OPEC always make any short fall in the market

[Fayez Majzoub @fmajzoub1]

@anasalhajji Also Saudi Arabia cuts usually from end of crude oil burning for utlil powe plants during summer
Which is does not affect crude oil exports

[Fayez Majzoub @fmajzoub1]

Keep It Comin' Love – Permian Crude Leads Growth, But Will Gas Processing Capacity Keep Up? | RBN Energy https://t.co/ZMjhlnXHbm

[Fayez Majzoub @fmajzoub1]

IMF cuts global growth forecast for 2023, warns ‘worst is yet to come’ IMF cuts global growth forecast for 2023, warns ‘worst is yet to come’

https://t.co/Oumj5kTc9U

[Fayez Majzoub @fmajzoub1]

@SullyCNBC US light sweet crude oil exports
Can be swapped with medium sour crude especially during refinery seasonal maintenance during Oct and Nov ahead of winter demand

[Fayez Majzoub @fmajzoub1]

@Attaqa2 US oil production including natural gas liquids current around 18 million bls/day and projected to increase by 1 million bls/day in 2023
US oil exports including Ngl"s around 4 million bls/day

[Fayez Majzoub @fmajzoub1]

Morgan Stanley Boosts 2023-24 LNG Price Forecast on Europe Demand - BNN Bloomberg https://t.co/LCSxqJYwzQ