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Oil Prices Hold Steady Ahead Of Inventory Data quoting : Oil Prices

As it stated in

As we await another weekly dose of U.S. inventory data, all we can hear are bullish snores amid a bearish pause (paws?).
Mr. Sheffield has previously stated how he expects Permian production to rise to 5 million barrels per day by 2020.
Exports of Qua Iboe averaged 330,000 barrels per day in 2015, before dropping to 220,000 bpd last year.
Loadings through the first two months of this year have now dropped below 200,000 bpd.
As of December 2016, generation capacity for wind has surpassed that of hydro, driven by wind capacity additions in 2016 (hark, 8,727 MW).

referring to

Oil Prices Find Support As OPEC Compliance Nears 100%

Oil Prices Find Support As OPEC Compliance Nears 100%*/

Libya’s major oil export terminals Es Sider and Ras Lanuf have been crucial elements in the latest upswing in Libyan oil production.
Oil prices fell to three week lows before recovering slightly on Friday morning, as early reports of OPEC’s compliance in February look promising.
OPEC compliance will keep prices from falling but rising U.S. shale production will cap any price gains.
Related: Are Oil Prices Really Driven By Supply And Demand?
(Click to enlarge)(Click to enlarge)(Click to enlarge)(Click to enlarge)(Click to enlarge)(Click to enlarge)(Click to enlarge)Friday, March 3, 2017Oil prices dropped to a three-week low on Thursday following a bearish data release from the EIA.

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Stocks still are up 9.2 million barrels from 493.7 million barrels one year ago picture-13396-310x165

Stocks still are up 9.2 million barrels from 493.7 million barrels one year ago

Cushing — home to the country’s largest commercial storage hub — saw storage levels drop …