22
Jul

Wrap – Week Ended 7/21/17

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

But first, some graphs for thought ...

1) Natural gas tracking to a sub 3.9 Tcf end of season peak, supportive of our $3.25 2017 deck. 

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2) Third consecutive better than expected WPSR as we eat into the 5 year surplus and fall below on YoY for products and approach YoY deficit for oil (despite the 16.8 mm barrel YTD SPR release this year). 

3) Middle East oil headed to the U.S. dropping off ... 

4) ...  Including from the KSA .... 

5) ... So if you think this is low ...

... Aug/Sept may be even more interesting ...

6) ... Helping to repair this. 

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2 Responses to “Wrap – Week Ended 7/21/17”

  1. 1
    tomdavis12 Says:

    JAG  Lockup expiration 7/26

  2. 2
    tomdavis12 Says:

    RSPP?  After hours trades +10%

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