NO WAY FOR NOPEC

NO WAY FOR NOPEC

Inevitably aided and abetted by increases in oil prices and a US President who has been a long term critic of OPEC

OIL PRICE CALAMITY

OIL PRICE CALAMITY

When it came it was as abrupt as it was devastating, a collapse in crude oil price futures significant enough to be defined as a material adverse change. In other words a calamity, at a time Nigeria is least able to absorb it. 

HEDGE FUNDS BET ON A BEAR MARKET

HEDGE FUNDS BET ON A BEAR MARKET

Hedge fund managers unwound bets that crude will fall at the fastest pace in 16 months as the prospects for a trade war truce and a slowdown in shale drilling helped futures rebound.

OCCIDENTAL GET IT RIGHT?

OCCIDENTAL GET IT RIGHT?

It now seems that the massive Hedge undertaken by Occidental Petroleum Corp (OXY.N) and reported as “costless”

VITOL ROLLOVER AND PAY FINE

VITOL ROLLOVER AND PAY FINE

Vitol is the largest global independent trader of crude oil and refined petroleum products.

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