Reuters Oil Price Outlook for remainder of 2019

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dan_s
Posts: 37359
Joined: Fri Apr 23, 2010 8:22 am

Reuters Oil Price Outlook for remainder of 2019

Post by dan_s »

John Kemp spoke this morning in London from the slides at the link below.

https://fingfx.thomsonreuters.com/gfx/c ... PDATE).pdf
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 37359
Joined: Fri Apr 23, 2010 8:22 am

Re: Reuters Oil Price Outlook for remainder of 2019

Post by dan_s »

U.S. finding and development costs are now the lowest in the world for new proven oil reserves.

https://www.eia.gov/petroleum/weekly/ar ... _print.php

When someone tells you that U.S. oil companies cannot make money at today's oil price, send them the report at the link above.
Dan Steffens
Energy Prospectus Group
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