25
Sep

Wrap – Week Ended 09/23/16

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Last week the ZLT was down 0.7% (all of the drop occurring on Friday) and is up 30.7% year to date. The XOP was flat on the week and is up 19.6% on the year. 

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

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wrap 092316

8 Responses to “Wrap – Week Ended 09/23/16”

  1. 1
    Baylor Says:

    Saudi middle class getting crushed by oil collapse. How long can they endure

     

    http://www.wsj.com/articles/kingdom-comedown-falling-oil-prices-shock-saudi-middle-class-1474623003

  2. 2
    Baylor Says:

    Z – on the section about oil storage, could you add a column for "5 year average"?  Helps me with perspective on how far we have to go to get back to "normal"

  3. 3
    Baylor Says:

    today technically marks the historic average day of the year for the nadir of NG shoulder season.

  4. 4
    zman Says:

    re 2 – it's in the Thursday post each week at the top of the oil review section. 

  5. 5
    crysball Says:

    Pemex   Product tanker burns  in GOM……………crew safe……………..carrying  approx 178,000 barrels  of  gas & diesel.

     

  6. 6
    Baylor Says:

    Ok. I'll continue to look there

  7. 7
    Baylor Says:

    https://www.yahoo.com/finance/news/why-oil-prices-rise-more-230000812.html

  8. 8
    zman Says:

    re 2 /6 –  I guess there is space for it in the wrap, will make a note to alter table. 

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