Morning Oil Report 20/11/20

Brent crude futures were down 5 cents, or 0.1% to $44.17 a barrel at 0744 GMT. U.S. West Texas Intermediate crude contract was down at $41.90 a barrel. The WTI contract for November, which expires on today, was also flat at $41.74 per barrel.   The news of vaccine efficacy is having positive reverberations around …

Oil Through the Looking Glass 19/11/20

*Venezuelans Steal PDVSA Crude and Make Their Own Gasoline* Venezuela, which is currently starved of fuel has seen a large spree of thefts from idled state oil field with many home-distilling their own gasoline in a bid to try and obtain the product. Although it is only a small amount of total output from the …