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Everything posted by PhantomPhlyer

  1. Thanks Adam: I typically don't comment/respond/question your updates and appreciate them very much. I do have a question however. I am of the opinion that the Iraq budgetary figure for oil is very important. When I look at the sources of daily (some delayed) oil prices, there are numbers of quotes: West Texas Intermediate (WTI) Crude Oil (NYMEX) at $37.71, Brent Crude (ICE) $40.50, Opec Basket $40.29, Basra Light $41.76, Basra Heavy $40.12. So I think I see that you use the NTMEX number. Why wouldn't Iraq use the Basra Light/Basra Heavy number for sale of their oil. It may be the d
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