US Cut Forecast for Oil Output Just Before Crude’s Latest Plunge

Where do you think oil prices will be at?

ENB Pub Note: Yesterday, we examined Cap Ex budgets, and today, we are investigating production, demand estimates, and storage. These three areas are broken out below.

The current storage levels are low and are listed below. Here is a lot of data to chew on. Go ahead and skip to the summary if you want to know what price I think we will see oil hold to …