InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,743.88
(
-0.23%
)
Post# of 112732
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

researcher59

Send PM Follow Ignore
Followers 321
Posts 31877
Boards Moderated 22
Alias Born 12/30/2004

researcher59

Member Level

Re: nelson1234 post# 50049

Tuesday, 06/19/2018 9:23:57 AM

Tuesday, June 19, 2018 9:23:57 AM

Post# of 112732
Nelson: AXAS - good catch on those Permian oil transportation bottlenecks .... according to this article Cushing/Midland price differentials have reached an astronomic $9/bbl, versus a mere $0.37 on average for Q1. So a huge drop in realized prices. Some of the small producers hedge the differentials so are at least partly protected in the short term, but clearly this is a major negative for the rest of 2018 and early 2019 before new pipeline capacity comes online.

https://finance.yahoo.com/news/wins-oil-price-differentials-widen-204854624.html
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up