Simon Wardell
Simon Wardell
discount markets nigerian operations price production
The markets are going to discount Nigerian production in the price of oil. It could be that it shuts down all of Shell's onshore operations in Nigeria.
disruption iran large nigeria offset producers short
In the short term, any kind of disruption from two very large producers like Iran and Nigeria isn't something that can be offset by other production.
initially might people plants product system
There might be a little more flexibility in the U.S. refining system than people expected. Plants have been able to churn out more product than initially thought.