Berry Petroleum Company
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IEA Data 2H 2012 Oil Market in BalanceAccording to yesterdays IEA report May world liquids production was 91.1 million a day. Their estimated Q3 and Q4 demand is 90.8 and 91 million a day. It has been reported that the Saudis has been slowly dropping their production. IMO the bottom line is the oil markey can go in what ever direction the Saudis want at this point. So the major activity is to see where the Saudis want the price to be.
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| Msg # | Subject | Author | Recs | Date Posted |
| 94771 | Re: IEA Data 2H 2012 Oil Market in Balance | Opecker | 6/14/2012 2:38:17 PM | |
