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[littlejohn]

VTLE is cheap, expecting Opec+ to hold

steady on production targets

over the weekend...

Saudi Arabia will use about 300,000

bbls/day or more for cooling between

June and September above the norm...

Other Middle East countries and South

American countries use more energy

in summer to cool,,,

but most of those will use more natural

gas in summer than oil...

Russia may be slipping some oil into

shipments under other Opec country

flags to keep their exports moving...

A country like Venezuela is years and

mega dollars away from increasing

their oil production...

There is one to watch...

Some country just needs to fib on

what false flag is moving the Russian

oil to get it stopped...

And not risk dipping production lower

now with demand so high...


So we watch...LJ