David Sheppard
OilSheppard
Interesting numbers from Sir Patrick Vallance based on serology tests:~10% of Londoners thought to have had coronavirus~4% for rest of UKThat implies ~3m total across UK from population of 66m
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Some of the biggest trading houses and hedge funds have emerged as winners in this week's chaotic oil market.The losers? Often retail investors believing crude could be a one-way bet.‘Muppets
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The numbers show why Saudi Arabia’s attempt to blame Mexico over 300k b/d might not fly in USS.Arabia oil output in February = ~9.8m b/dS.Arabia current output = ~12.3m b/d
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