Commodity Market Report
North America Crude Markets short-term outlook: November 2019
Report summary
The Permian upstream and midstream outlooks continue to tell wildly diverging stories. In this latest update, we capture our most recent thoughts on the deceleration of L48 production growth and how that starkly contrasts with the latest Permian midstream developments. Also in this update: -Refresh of export terminal assumptions, -Discussion of a potential upsize of the Red Oak pipeline, and Latest pricing and supply views for L48.
Table of contents
- US Lower 48: declining rig activity worsens outlook for 2020 growth
- Permian midstream picture gains clarity
- Export infrastructure project refresh
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