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Legendary Oil Trader "End of Demand Growth In Sight

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"Electric cars and Renewables."

 Novel thought

" He quoted Sheikh Ahmad Zaki Yamani, Saudi Arabian oil minister who famously said that the Stone Age didn’t come to an end for lack of stones, and the Oil Age will end long before the world runs out of oil."

NOTE 1 : U.S. Production new weekly ending Nov 8th, record 12.8 million barrels/day

NOTE 2 : Conoco Investor day next Tuesday.  Get call in number from website to listen. One item of interest to be discussed 20% EUR AT A FEW EAGLEFORD TEST WELLS.

As a leading Shale producer it will be interesting to hear their perspective on Shale Growth, Peak Demand, Efficiency (EUR) , Exports, Aramco IPO and Pricing.

Edited by Jabbar

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