As we are already entering 2022, i hope that its not too late to wish everyone a happy and prosperous new year.
As we strive to be better in providing integrated solution for companies, we look forward to serve and enhance value proposition to our client.
#oilandgas
WTI comparative inventory decreased -13.28 mmb
to +14 mmb more than 5-yr average for week ending July 26.
Weekly avg $56.05 price $4 under-valued & $58.34 front-mo price ~$1.70 under-valued.
#OOTT#oilandgas#oil#WTI#CrudeOil#fintwit#OPEC
"Unaccounted-For Oil" a factor week ending July 26
-4,914 kb withdrawal based on field production + net imports - refinery intakes
-3,584 kb "Unaccounted-For Oil" resulted in withdrawal of -8,498 kb
#OOTT#oilandgas#oil#WTI#CrudeOil#fintwit#OPEC