Strategic Petroleum Reserve

Several forecasts that look into 2022’s supply-and-demand balance see a market more favorable to oil consumers than that of 2021.

Plan was to buy crude oil for Strategic Petroleum Reserve.

The drone attacks were a combination of low-tech equipment versus an oil giant, creating more disruption than any time in recent history.

Also this week: another hint at what IMO2020 might do to prices; more signs that the OPEC cuts are real and are taking hold.