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Oil Surging As Shortage Hits


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http://www.wsj.com/articles/oil-rises-as-goldman-sachs-sees-supply-shortfall-1463393830

 

A string of Unexpected disruptions globally caught markets by surprise as Oil Demand now ecceeds production

 

In Nigeria and Lybia terrorism has destroyed crutial infrastructure taking away about 220,000 barrels a day from each

 

Another 100,000 to 300,000 barrels daily have been lost from Venezuela due to violent protests also causing destruction

 

In Canada 1,200,000 barrels a day are being lost from wild fires in the some areas of the oil sands that arent going away

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Roomingfree77
2 hours ago, Economy said:

http://www.wsj.com/articles/oil-rises-as-goldman-sachs-sees-supply-shortfall-1463393830

 

A string of Unexpected disruptions globally caught markets by surprise as Oil Demand now ecceeds production

 

In Nigeria and Lybia terrorism has destroyed crutial infrastructure taking away about 220,000 barrels a day from each

 

Another 100,000 to 300,000 barrels daily have been lost from Venezuela due to violent protests also causing destruction

 

In Canada 1,200,000 barrels a day are being lost from wild fires in the some areas of the oil sands that arent going away

Anybody die yet? I cant find facts relating, but that is how the good Lord works I imagine...

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Economy
2 hours ago, Roomingfree77 said:

Anybody die yet? I cant find facts relating, but that is how the good Lord works I imagine...

Die from what? 

 

And news for each disruption exists in segments. Ive had to look up like 5 sites for information on total outgages.

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Pierre
7 hours ago, Economy said:

Another 100,000 to 300,000 barrels daily have been lost from Venezuela due to violent protests also causing destruction

Wait, as a Venezuelan who stays in touch with the local news, I don't have any info about this protests :duck: Where exactly? 

 

5 hours ago, BoomKack said:

@Pierre stop protesting and bring us oil pls

Sis, I have no idea about those protests, PDVSA (the official oil company) is in hands of the goverment + has military control 24/7 :duck: 

❝Is not blue, not turquoise, not lapis. It's actually cerulean❞.
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Economy
8 minutes ago, Pierre said:

Wait, as a Venezuelan who stays in touch with the local news, I don't have any info about this protests :duck: Where exactly? 

 

Sis, I have no idea about those protests, PDVSA (the official oil company) is in hands of the goverment + has military control 24/7 :duck: 

Dont have info? Its called google sis :neyde: 

 

Anyway I got it mixed up. In Lybia and Nigerja only it was due to violence and terrorism.

 

In Venezuela its actually power outages causing it 

http://www.ft.com/intl/cms/s/0/8f563f76-0608-11e6-a70d-4e39ac32c284.html#axzz48xnDHtau

 

And dont compain. The biggest disruption is in my Country. Most oil producing Nations dont produce the portion we already lost, over 1 Million barrels a day and more could be lost soon :duck: 

 

Cant believe our economy is being threatned over stupid wild fire they cant put out... Such a boring reason compared to every other Nations thrilling stories yet it caused the biggest oil disruption :rip: 

 

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Pierre
2 hours ago, Economy said:

Dont have info? Its called google sis :neyde: 

 

Anyway I got it mixed up. In Lybia and Nigerja only it was due to violence and terrorism.

 

In Venezuela its actually power outages causing it 

http://www.ft.com/intl/cms/s/0/8f563f76-0608-11e6-a70d-4e39ac32c284.html#axzz48xnDHtau

 

 

 

Why google when I know that there are not protests in PDVSA tho :neyde:  And yeah, power is the mess right now, but it's goverment faults, as usual. :saladga: 

❝Is not blue, not turquoise, not lapis. It's actually cerulean❞.
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Computer

I guess when knew it would happen

Suppliers out of business and no investment. 

I guess I will get some use of my gas card.

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