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djiboutikid

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About djiboutikid

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    Senior Member
  • Birthday 07/07/1971

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    Center of Happiness, MI

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  1. I don’t believe that they want or need to give any notice, but it would make sense for “order 66” to be ready and waiting to make things happen. No Jedi were harmed in the creation or delivery of this post.
  2. Adam is right to say we are on course, oil will keep rising as the supply is drained since output won’t be changed until after their next meeting in late June
  3. Oil logs March’s highest finish as Saudi signals near-term crude export reductions By Myra P. Saefong, Mark DeCambre Published: Mar 11, 2019 3:15 pm ET IEA: A ‘second U.S. shale revolution is coming’ Oil ends higher Monday Oil futures on Monday marked their highest settlement so far in March, finding support from reports that Saudi Arabia planned to extend efforts to reduce crude exports. April West Texas Intermediate crude CLJ9 rose 72 cents, or 1.3%, to settle at $56.79 a barrel on the New York Mercantile Exchange, after prices rose 0.5% last week, according to Dow Jones Market Data. Global benchmark May Brent crude UK:LCOK9 gained 84 cents, or 1.3%, to $66.58 a barrel on ICE Futures Europe, after the contract registered a weekly rise of 1% on Friday. Both front-month crude benchmarks ended the session at their highest levels this month so far. Reuters cited Riyadh’s oil minister in reporting that Saudi Arabia plans to cut its oil exports to below 7 million barrels a day, while keeping its output “well below” 10 million barrels a day, in an attempt to alleviate a glut of supply. Saudi Energy Minister Khalid al-Falih told Reuters on Sunday that it would be too early to change a production curb pact agreed by OPEC and its allies, which includes Russia, another major producer, before June. The Joint Ministerial Monitoring Committee, or JMMC, which monitors compliance with output reductions, is scheduled to meet in Azerbaijan on March 18. OPEC’s next scheduled meeting will be held on April 17-18. Reports also say the group will again meet in late June to discuss production levels. “We will see what happens by April, if there is any unforeseen disruption somewhere else, but barring this I think we will just be kicking the can forward,” Falih said. So far, Saudi Arabia, OPEC’s de facto leader, has shouldered most of the burden of trimming output to boost crude prices. Contributing further support to oil prices Monday, OPEC member Venezuela’s main oil export terminal and crude processing complex have been shut down as a result of power outages in the country that began on Thursday, energy news provider Argus reported Monday. Venezuela is home to the world’s largest proved oil reserves, but according to an annual output report released Monday from International Energy Agency, the country’s crude output is expected to fall from 1.3 million barrels a day in 2018 to 750,000 barrels a day in 2019 as U.S. sanctions on Venezuela remain in place. The news comes after active U.S. rigs drilling for oil fell by nine to 83 last week, according to data from Baker Hughes BHGE reported Friday. The data imply a slowdown in domestic production activity. Meanwhile, the IEA’s annual oil outlook indicated that OPEC members, including Russia, have been effective in reducing global output. A survey last week from S&P Global Platts showed OPEC output in February fell to a nearly four-year low. However, the IEA report predicted a “second U.S. shale revolution is coming,” potentially bringing unprecedented growth in the U.S. oil-and-gas industry in the coming years, which could weigh on crude prices. Oil prices settled lower on Friday, following weaker-than-expected monthly U.S. jobs data. “WTI futures came for sale in a big way as demand expectations fell due to sharply rising growth concerns,” said Tyler Richey, co-editor at the Sevens Report. “Looking ahead, the path of least resistance for WTI is down towards support in the low $50s, but if volatility continues to flare and growth concerns persist (the two go hand in hand), then it will be hard for WTI prices to hold on to a $50 handle.” Oil products climbed on Nymex Monday, with April gasoline RBJ9 up 1.4% at $1.826 a gallon—the highest since October of last year. April heating oil HOJ9 edged down by 0.3% to $1.994 a gallon, marking the lowest finish since Feb. 25. April natural gas NGJ19 however, lost 3.3% to settle at $2.772 per million British thermal units, the lowest since late February. Monthly oil reports are due out this week, from the Energy Information Administration on Tuesday, OPEC on Thursday and the IEA Friday. Christopher Alessi contributed to this article https://www.marketwatch.com/amp/story/guid/CF9E05AC-43E8-11E9-941F-9DD58265ED8A
  4. G’day, will this Monday Eid-al-Adha be a holiday that we can all celebrate? Also, are you watching the pre pre-season kneeling er games, or am I not alone in my disgust at their hypocritical silence during the off-season? Asking for a friend
  5. https://www.dailysabah.com/mideast/2018/08/07/iraq-concludes-manual-recount-of-may-12-poll-results Do you have any inside track on the results of the recounts now that they are completed? 🙂 I forget who had the lead the RV, the RD, or the lop LOL
  6. Here it is end of the day on Monday and nobody has pointed out about the OPEC meeting. I guess I will bite the bullet and take one for the team 🙂 Am I correct in believing that there is almost nothing that OPEC can or will do it that will have any effect on the RV? And to follow up, if you have not addressed it already, what is going on in front of or behind the scenes with the government formation in Iraq?
  7. Sea blinded me with science... Thugs you are killing me! Not even softly Thomas Dolby Surround sound? Thanks for the laugh! Keep up the good work!
  8. I just want to know if you're buying... then I'm out to lunch with you! After the RV, then lunch will be on me and maybe some beverages of a celebratory sort
  9. Color me slightly concerned coral (that's the shade right in the middle between tickled pink and cautionary yellow). Gas prices have dropped down low (not sure on oil, but usually they are intertwined), and I'm not seeing much in the news about Iraq. I'm hopeful though, that things are happening behind the scenes (hence your 'late' chat) If nothing else, do you think extra thuggery is going to overshadow Cleveland for the next week or two?
  10. So Al Sadr had proposed a 72 hour deadline on the government acting on reforms. Have I missed it, or has there been some movement? I like the idea of Al Sadr turning his considerable influence towards government reforms. Do you think he is having any effect? What does this kerfuffle with Al Jubouri mean (is he dragging his feet on reforms?), or is he like Maliki refusing to leave his post as requested?
  11. These videos never made any sense to me... this one was at least somewhat amusing
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