Oil Production

  1. It sounds to me like marine fuel oil is low price, low profit, so it’s being de-emphasized in favor of…

  2. INTERVIEW: Mercuria shipping head says fuel shortages could **idle 10% of global fleet** https://www.spglobal.com/energy/en/news-research/latest-news/refined-products/060326-interview-mercuria-shipping-head-says-fuel-shortages-could-idle-10-of-global-fleet “The shipping sector is fast approaching…

  3. At post linked below there is a great chart showing the decrease in Permian productivity per foot of lateral length.…

  4. Brent futures chart from https://oilprice.com/futures/brent/ also see link below (chart snipped from site at link above)

  5. Ovi, My knowledge on the actual practices in the oil field are limited, your guess sounds reasonable. Chart below considers…