Omair Panjwani
@opanjwaniEconomist from London School of Economics (LSE), CA (ICAEW), Oil downstream commercial expert (refining & petchems), keen interest in finance 🇬🇧 🇴🇲 🇵🇰
Similar User
@doreyw09
@lesgilbertlazer
@UsamaEhsan92
@Rembo08927090t
@wih24mtu
@yaseralmakhmari
@MoAk04
@shady_vc
@newlinpreben
@Stockcatcha
@KumarVivivini
@JustRizkIt
@coiotedecoia
Quality of life, 2023: 1 🇳🇱 Netherlands 2 🇩🇰 Denmark 3 🇨🇭 Switzerland 4 🇱🇺 Luxembourg 5 🇫🇮 Finland 6 🇮🇸 Iceland 7 🇦🇹 Austria 8 🇴🇲 Oman 9 🇦🇺 Australia 10 🇳🇴 Norway . 17 🇺🇸 USA 21 🇬🇧 UK 47 🇲🇽 Mexico 51 🇹🇷 Turkey 54 🇮🇳 India 59 🇺🇦 Ukraine 65 🇨🇳 China 66 🇷🇺 Russia 84 🇳🇬 Nigeria
Snippets from the signing ceremony of the joint petrochemical complex agreement between OQ, SABIC and Kuwait Petroleum International. This project will achieve several national goals in the environment sector and promises investments to achieve the Oman Vision 2040.
OQ, SABIC & Kuwait Petroleum International (KPI) signed a Project Development Agreement for a petrochemical complex in the Special Economic Zone at Duqm, Oman. The companies aim to establish steam cracker and derivative units & a natural gas liquid (NGL) extraction facility.
An incomprehensible policy move by the new UK government Tax cuts at the very top will not translate into any growth gain BOE will have to raise rates faster - fiscal budgets matter! Middle class with largely adjustable rate mortgages will bear additional burden
Liz Truss's government has unveiled the most radical UK tax cuts in 50 years, scrapping the top rate of income tax and the cap on bankers' bonuses @lizzzburden says it's a political and economic gamble that has sent UK markets into meltdown bloom.bg/3xJmnAx
Lot of people assuming commodities can’t rally in recession, and everybody knows that everybody knows this. But that is a failure of imagination + recency bias. Look at 1973, 1980, 1990 commodity-induced recessions.
Central banker after every rate increase:
The very same government who organised COP26 in Glasgow six months ago and told British oil major companies they weren’t welcomed in the climate change summit
Liz Truss's government has unveiled the most radical UK tax cuts in 50 years, scrapping the top rate of income tax and the cap on bankers' bonuses @lizzzburden says it's a political and economic gamble that has sent UK markets into meltdown bloom.bg/3xJmnAx
🇸🇦 #Saudi energy minister Prince Abdulaziz bin Salman: "When in our lifetimes have we seen refining margins of $47-50/bl... It tells you that there is no refining capacity commensurate with the current demand and expectation of demand this summer." #oott #mpgc2022
Crack spreads continue to surge, boosting refinery margins. #OOTT
OIL MARKET: In many years covering the @IEA monthly market report, I rarely have seen such a strong warning about shortages of refined oil products, depleted inventories of diesel, gasoline and jet-fuel, and sky-high refinery margins driving up inflation | #OOTT #DieselCrisis
OIL MARKET: American oil refiner HF Sinclair about the the refined petroleum products market: "Pre-pandemic demand and post-pandemic supply" #OOTT #DieselCrisis
Three words: record refining margins And two extra words: more inflation My latest @bopinion column: bloomberg.com/opinion/articl… #OOTT #DieselCrisis #RefineryWall
U.S. average **retail diesel** price climbs above $5.5 per gallon for the first time ever, up 78% y-on-y | #OOTT #DieselCrisis
Next? Secondary oil sanctions à la Iran (yes, yes, yes... just give it time. Or do you really think EU/US/UK will take the pain of higher oil prices, and let some other countries buy discounted Russian oil and undermine their foreign policy objectives vs the Kremlin?) #OOTT
Diesel - the work horse fuel of the modern economy - is mooning as we are short everything. More precisely, wholesale Diesel prices in the US are up >100% since January 1st while crude oil prices are "only" up 38%. 1/n 🧵
FBR has collected Rs 5122 billion in current FY (Jul 21- Apr 22) up from Rs 3981 billion during Jul 20-April 21, registering 28.7% growth. Refunds of Rs 264 b disbursed during Jul 21-Apr 22 compared to Rs 203 b paid last year, up by 30.1%. The FBR team deserves appreciation. 1/2
🛢️Buffett & Munger on #Oil! Buffett: It's hard to say which of us knows less about oil Munger: we should hold much larger oil reserves in the SPR and elsewhere because it will be worth a lot more in the future Buffett: rapid energy transition odds are extremely low. #oott
ULSD now stands for ultra low-supply diesel…
United States Trends
- 1. #FridayVibes 4.825 posts
- 2. Good Friday 54,2 B posts
- 3. CONGRATULATIONS JIMIN 215 B posts
- 4. #NoMikeRogers 7.146 posts
- 5. #2024MAMA 1,02 Mn posts
- 6. #FridayMotivation N/A
- 7. Mnet 375 B posts
- 8. Pam Bondi 293 B posts
- 9. Donny Dough N/A
- 10. Browns 110 B posts
- 11. Red Friday N/A
- 12. CONGRATULATIONS JUNGKOOK 91,2 B posts
- 13. Candy Corner N/A
- 14. Chris Brown 26,7 B posts
- 15. #PinkPrintAnniversary 2.421 posts
- 16. Happy Friyay 2.247 posts
- 17. Victory Friday N/A
- 18. Jameis N/A
- 19. yeonjun 134 B posts
- 20. Lakers 56,7 B posts
Who to follow
-
Will Dorey
@doreyw09 -
Leslie Gilbert
@lesgilbertlazer -
Dr. Usama
@UsamaEhsan92 -
Rembo
@Rembo08927090t -
𝕃𝔸ℕ𓈒◌
@wih24mtu -
أ.ياسر المخمري
@yaseralmakhmari -
M.AKheir
@MoAk04 -
Postmillenial 🥑
@shady_vc -
Newlin Preben
@newlinpreben -
Stockcatcha
@Stockcatcha -
विनय कुमार
@KumarVivivini -
1 million October 7's - Glory to the resistance
@JustRizkIt -
jarraypedal
@coiotedecoia
Something went wrong.
Something went wrong.