Global Oil Market Update

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Global Oil Market Update

Post by dan_s »

https://www.investing.com/analysis/oil- ... -200205748

The peak of the Atlantic Hurricane Season is September, but we are already seeing an uptick in low pressure waves heading toward the Gulf of Mexico. Mexico's primary oil producing regions are going to be hit by a Tropical Storm that could become a hurricane by Tuesday night.

The situation in Venezuela is going from BAD to WORSE. It is a threat to oil supply.

Statements from the OPEC meetings will get the most press.
Dan Steffens
Energy Prospectus Group
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