Oil: so much that they're turning it away?

answer 1. - yes, but with TA not fundamentals.

answer 2. - try mineral management service, something like 28 percent of GOM production remains shut.
 
Quote from daddyeaux:
part of the premium on the market is the so called "terror" premium" since 60% of US oil is imported......from our buddies in the mid east
Just to offer a correction here... It's my understanding that only something like 12-15% of our oil imports come from the middle east.

kt
 
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