@crudegusher0.bsky.social
Institutional Investor (11) 2023 ranked #1 Independent Wall Street Research: Energy
And this, my friends, has been our concern all along - because it gets worse from here. Basically.
09.03.2025 20:10 β π 1 π 0 π¬ 0 π 0The stock markets tanked so hard this week many people even lost their daylight savings.
09.03.2025 15:05 β π 9538 π 1175 π¬ 247 π 66
09.03.2025 15:30 β π 6533 π 1384 π¬ 411 π 91
In interviews with NBC News, many federal workers shared stories of overwhelming stress, personal crises, rapid weight loss, panic attacks and more amid job cuts and a barrage of messages that federal workers have no value.
https://nbcnews.to/41xjeSl
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09.03.2025 16:21 β π 25469 π 5090 π¬ 359 π 140
Share if you agree. π¨π¦ π²π½
09.03.2025 13:03 β π 49540 π 14006 π¬ 1942 π 756Raskin: "This is what Viktor Orban has done in Hungary -- to clear out the civil service with real expert professionals and people devoted to the public interest and replace them with a bunch of party hacks and sycophants to the dear leader."
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www.theguardian.com/us-news/2025...
One day heβs telling us that tariffs are amazing because they will bring lots of new jobs to the US and raise so much money we wonβt have to pay income tax, then the next day heβs telling us we arenβt doing them because people were nice to him on the phone.
07.03.2025 01:39 β π 37875 π 8197 π¬ 1688 π 438
From our October note "ExxonMobil MO: Magnus
Opus
Follow me pal. We need to catch up
07.03.2025 00:42 β π 0 π 0 π¬ 0 π 1When oil hits 60$ a barrel, millions of U.S. jobs will be lost. If OPEC increases production and floods the market... we are doomed to repeat the little Bush recession, or possibly another great depression
Trump has no idea what he's doing. He must be removed.
In total, OPEC+ countries exceeded the quota by more than 1 million barrels
Russia was unable to produce oil even within the quota. What happened?)) LOL
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*OPEC+ WILL GO AHEAD WITH APRIL OIL OUTPUT INCREASE: DELEGATE
*OPEC+ TO ALSO PROCEED WITH OUTPUT HIKES BEYOND APRIL: DELEGATES
via BBG
π¨π¦ Canadian total petroleum liquids production (crude + NGLs) averaged ~5.9 MMbpd in 2024.
That's ~270 kbpd higher year-over-year, making Canada the second largest source of non-OPEC production growth last year behind only the United States.
La OPEC+ se esfuerza por comunicar que sube y subirΓ‘ la demanda de petrΓ³leo. Pero en China ya cayΓ³ en 2024 y 2025 ha comenzado con otra fuerte caΓda
Y ahora ya se achaca a los coches elΓ©ctricos y no se excusan en la economΓa
Falling crude bodes well for anchoring inflation expectations and keeping yields in check. Policy missteps will counteract that.
05.03.2025 16:47 β π 6 π 1 π¬ 0 π 0Global oil demand is not a growth story; itβs in a slow process of topping now. OECD demand peaked 20 years ago.
Trumpβs promises to βunleashβ the US oil industry is laughable. It has never been on a leash and more production will just cause lower prices. And OPEC is trying to regain some share now
Shale producer breakeven crude prices by formation Means: Permian (Delaware) $21 Other US (Shake) $34 Oklahoma (SCOOP/STACK) $35 Permian (Midland) $38 Permian (Other) $43 Other US (nonshale) $45
By the way, mark your calendars for March 26th, when we will get updated data from the Dallas Fed on shale producer breakevens. Really useful annual snapshot, part of the Q1 special questions in the Dallas Fed's quarterly energy sector survey.
www.dallasfed.org/research/sur...
WTI prices 2014-current
The US economy looks really different from Trump's first term, but one key dynamic is crude. 2017-2019 were about a recovery from the huge drop of 2014-2015, driven by shale overproduction and OPEC trying to squeeze shale out of the market. Now, crude is falling from highs not recovering from lows.
05.03.2025 16:44 β π 94 π 6 π¬ 6 π 1
OPEC+βs decision to gradually increase production is positive for Indiaβs state-owned refiners, as it should help them offset losses from LPG. Read for free with your email on what could move markets today
05.03.2025 03:00 β π 23 π 4 π¬ 2 π 0
Russian Urals Oil Falls to $55 Per Barrel After OPEC+ Decision to Increase Production
OPEC+ countries have agreed to begin increasing oil supplies to the global market, which they have delayed three times since last September
www.moscowtimes.ru/2025/03/04/r...
Oil prices dropped on Wednesday as economic uncertainty rippled through global markets, a reaction to President Trumpβs tariffs on Canada, China and Mexico and a decision by members of the OPEC Plus oil cartel to begin increasing crude production in April.
05.03.2025 19:40 β π 116 π 29 π¬ 20 π 4
"The only good number in the oil market is the oil price"
"The only good numbers for oil demand are refining margins"
"The only barrier of entry to being an oil analyst is units"
"As the Swiss drugs police told me: we are looking for kilos"
Trump official says president ready to meet Mexico, Canada 'in the middle'
05.03.2025 20:21 β π 22 π 9 π¬ 44 π 9
During his Senate confirmation hearing, President Trumpβs NIH pick appeared to be open to funding new studies investigating the long-debunked link between vaccines and autism.
05.03.2025 21:43 β π 53 π 19 π¬ 24 π 4Indeed
05.03.2025 21:55 β π 0 π 0 π¬ 0 π 0Same question
05.03.2025 21:53 β π 2 π 0 π¬ 0 π 0
