Musings from the Oil Patch January 23rd 2019
Comment of the Day

January 23 2019

Commentary by Eoin Treacy

Musings from the Oil Patch January 23rd 2019

Thanks to a subscriber for this edition of Allen Brooks’ ever interesting report for PPHB. Here is a section:

Eoin Treacy's view

A link to the full report and a section from it is posted in the Subscriber's Area. 

OPEC’s supply cuts and US shale’s continued growth are already in the market. The question of how fast global growth will be, and therefore the demand outlook, is a movable feast but the trajectory of interest rates and the trade war are obviously important factors.

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