An Interesting Graphic But Hardly Relevant -- June 13, 2018

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Title : An Interesting Graphic But Hardly Relevant -- June 13, 2018
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An Interesting Graphic But Hardly Relevant -- June 13, 2018

From John Kemp today:


This will help put any production increase by Russia and Saudi Arabia in perspective.

If push comes to shove, my hunch is that US shale could respond quickly.

The problem: the mix of the different kinds of oil.


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