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Latest Analysis / Oil Alerts

Crude Alert - Logistics and freight rates will play a bigger role in shutting production than lifting costs

Published: 25 March, 2020

Highlights:

  • Canada reports major economic production shut-in – more to follow
  • Production shut-ins: 200 kb/d of US “stripper” well production could be gone by end 2Q 2020
  • 2020 outlook for lost production: 900 kb/d of economic shut-ins by end 2020, plus 900 kb/d of new tight oil production lost ...

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