Sunday Guyana, the Sequel: Namibia

Today, after a preamble, perhaps ramble, a rant, we talk about Namibia. It is clearly emerging as the next Guyana. What does that mean for the world? More market supply shift towards the Atlantic Basin, offsetting Russia, pressuring capital & quota discipline in the Middle East. Structurally adds to the death of Peak Oil Supply as a concept, if you missed the burial. Namibia can add incremental oil that pressures prices to the detriment of …

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