The Brent oil price was solid Friday night at $55.32. Henry Hub gas is at $3.39mmBtu:
I haven’t been posting much on oil because post-OPEC cuts our course is more or less set. The price will hover between $50-60. And US shale will rocket back. Last week the rig count jumped another 12 to 450 and production is up and away:
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More interesting today is LNG where prices have broken out. Contract prices are at $7.75mmBtu: