Brent up at USD26.17/bbl now. G20 video conf should b happening at some point.
Meanwhile, Aramco pumped 19 mmbbls onto 15 Tankers, a record for them.
No wonder MarineTraffic shows a sea of red (tankers, ie) over the last few days.
https://www.saudiaramco.com/en/news-media/news/2020/breaking-record
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How much crude will Woodside's oilfields at Wanaea-Cossack & Greater Enfield produce in 2020, that's the key question for 2020. These fields were producing at apprx 14k & 45k BOPD in Q4. Qtrly is due in 2 weeks time on 16th April.
6 MMbbls crude oil was what WPL produced in 2019, Revenue 360mil. They should flow better than 2019 with Enfield cranking up. Oil is Hedged at 33.47/bbl from April to December.
Oil wars, page-10
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