13
May

Wrap – Week Ended 5/11/18

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The ZLT was up 2% last week, underperforming the energy averages on the week as Permian differential fears weighed heavily on certain names in that sub sector last Friday. We will reiterate player exposure in the Monday post. 

Questions and comments under The Wrap will be addressed in the Monday post. 

The Blotter is updated. 

The ZEB positions and weekly performance page is updated. 

3 Responses to “Wrap – Week Ended 5/11/18”

  1. 1
    crysball Says:

    Curacao Court authorizes Conoco Phillips to seize approx $636 million in PDVSA assets at the PDVSA refinery in Curacao on May12. PDVSA is reported to be shutting refinery down……Venezueala loses  a 335,000 bopd source of revenue!

  2. 2
    crysball Says:

    Not only does Venezueala  lose the refinery output, but they also used the facility to blend heavy  crude  (Orinoco) grades with lighter  crude grades so they could export the the blend……..this capacity also is lost.

  3. 3
    zman Says:

    Well this is early …

    http://www.nola.com/weather/index.ssf/2018/05/tropical_development_in_gulf.html

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