Energy Week

Episode 44 - India wants waiver | Saudis tell Trump no more oil | E-15 announcement likely from Trump


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India wants sanctions waiver:
https://www.reuters.com/article/us-india-oil/india-wants-us-sanctions-waiver-after-cutting-iran-oil-imports-officials-idUSKCN1MI1GA
Does India really deserve a waiver considering how much oil from Iran its still importing?

Saudi Arabia Tells Trump No More Oil (by yours truly)
https://www.forbes.com/sites/ellenrwald/2018/10/05/saudi-arabia-tells-trump-no-more-oil/#6a0cbb26dfc0
Saudi Arabia isn't moved by Trump's strong words and isn't going to flood the market with oil.

Explosion at Canadian oil refinery
https://www.wsj.com/articles/canadas-largest-oil-refinery-reports-major-incident-1539012161
Despite an outage at a refineries that supplies the northeast US, we shouldn't see gasoline prices rise because there's a record amount of gasoline in storage for this time of year.

E-15 announcement likely from Trump
https://www.spglobal.com/platts/en/market-insights/latest-news/agriculture/100818-trumps-expected-e15-announcement-not-likely-to-clear-rfs-reform-stalemate
Don't put E15 in your car if you don't want to void the warranty and don't worry, most of your gasoline will stay the same.

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Energy WeekBy Ryan Ray

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