06/11  Closing Prices / revised 06/12/2024 07:53 GMT 06/11 OPEC Basket  $82.36   +$1.43 cents 06/11 Mexico Basket (MME) $72.63  +$0.43  cents  | 04/30 Venezuela Basket (Merey)   $74.91   +$3.93 cents | 06/11 NYMEX WTI Texas Intermediate July CLN24 $77.90  +$0.16 cents  | 06/11 ICE Brent August  BRNQ24    $81.92  +$0.29 cents  | 06/11 NYMEX Gasoline June RBN24  $2.40  +0.1%  |  06/11 NYMEX  Heating Oil July  RBN 24    $2.42  +0.3% | 06/11 Natural Gas July NGN24  $3.12   +7.7%  | 06/07 Active U.S. Rig Count (Oil & Gas)   594  -6  | 06/12 USD/MXN Mexican Peso   18.6503  (data live)  | 06/12 EUR/USD     1.0745 (data live)  | 06/12 US/Bs. (Bolivar)   $36.43850000 ( data BCV)

How oil made Guyana the fastest growing economy in the world – Bloomberg (Video – Podcast)

How oil made Guyana the fastest growing economy in the world . What happens when a huge player strikes (black) gold?

The Georgetown port in Georgetown, Guyana.(Luis Acosta/AFP) Guyana Is the Most Exciting Story in the World Oil Market | Odd Lots

Tracy Alloway and Joe Weisenthal, Bloomberg News

NEW YORK
EnergiesNet.com 11 17 2022

We talk a lot about the US shale boom. And we talk a lot about OPEC. But one of the most exciting stories in the global oil industry is the incredible rise of Guyana, which has seen a massive amount of oil discovery over the past several years. This oil boom has made the South American country one of the fastest growing economies in the world. So what does history say about the emergence of a new oil superpower?

Watch video: On this episode of the podcast-video, we speak with oil historian Gregory Brew about the Guyana story, and what happens when so much new oil is being produced outside of OPEC.
Listen to : Guyana Is the Most Exciting Story in the World Oil Market

bloomberg.com 11 14 2022

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