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From argusmedia.com|6 hr agoUS oil major Chevron is lowering its estimated year-end oil production target in Venezuela from 200,000 b/d to 175,000 b/d, according to sources familiar with operations, citing severe problems with oil-transportation infrastructure in western Venezuela. The general state of disrepair in the Lake Maracaibo navigation channel in Zulia state, which limits the ...
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From zerohedge.com|May 25, 2023This year's slide in oil has been painful to commodity bulls, and none more so than famed oil hedge fund manager Pierre Andurand whose already bad year is getting worse. Bloomberg reports that after dropping another 9.4% in May, his main Andurand Commodities Discretionary Enhanced Fund has extended this year’s slump to almost 46%, making this the worst-ever ...
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digger1 replied 29 min ago|2 likesjr , why would anyone with enough clout to move it buy ? or wind out of some , same thing , because they aint blanking stupid and they like making CASH
"AUSSI" my thread and anything I want to put here
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