World Oil's Daily Brief

World Oil's Daily Brief


Friday, May 1st

May 01, 2020

In today's episode, Kurt and Cameron discuss OPEC's record-breaking output right before its vaunted production cuts take effect, Brazil finds itself in an enviable position relative to storage and demand, Texas Railroad Commission chair Wayne Christian releases an op-ed that would seem to render their upcoming vote on proration moot, and supermajors Exxon and Chevron feel the pain of low oil prices.


Find the Texas survey story Kurt referenced here: https://www.worldoil.com/magazine/2020/april-2020/special-focus/world-oil-survey-texas-ep-professionals-favor-prorationing-by-wide-margin