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Commentary – How Much Oil Could an Oil Rig Rig?

Commentary – How Much Oil Could an Oil Rig Rig?

Written by Peter Tertzakian | January 26th, 2017

How much wood could a woodchuck chuck? Okay, that’s trite, but assuming a woodchuck can chuck wood, the (...)

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Uncertainty about when tankers will start transiting the Strait of Hormuz again created an oil price roller coaster this week, with WTI price reaching $118/B on Sunday, and then falling quickly to the mid-80s on the potential for SPR releases and  comments from the US President

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“The next act in an oil crisis: Time to get ready for rationing and hoarding” - @PTertzakian in @TheHubCanada

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