Click here if viewing from mobile Catch up on the latest and greatest

Oil prices came off today, now at two week lows as China announced it would be releasing reserve crude to help with rising prices.

Click here if viewing from mobile Catch up on the latest and greatest Attending Curtis Chandler [email protected] 239.405.3365

Click here if viewing from mobile Catch up on the latest and greatest Attending Curtis Chandler [email protected] 239.405.3365

Click here if viewing from mobile Catch up on the latest and greatest

Oil prices rose today as the USD moved to one month lows and 1.7MM/bpd of Gulf production remains shut in.

Click here if viewing from mobile Catch up on the latest and greatest

If refiners recover capacity in two to four weeks, then we should be OK. Beyond that, we will be driving inventory levels very low and prices may start to react meaningfully highe

Oil products, like gasoline and diesel, are likely to see prices rise more acutely from refinery outages especially if there are difficulties in bringing refineries and pipelines back online

Hurricane Ida is now forecasted to make landfall as a category 4, a major storm. More than 1MM/bpd of offshore gulf production (59%) has already been taken offline.