BRUTAL day for the equities markets as majors index’s fall over 3.5% as large institutions begin a tech sellout amid what some are calling the top of the latest bull run. Jobless claims shed some hope as 881,000 first time filers for unemployment marks the lowest since March.  Economists and traders are eyeing tomorrows jobs report hoping to add over 1.3 million jobs. 

Energy and OFS lead the way in terms of gains, with Natural Gas inventories plunging this week 

International: Aramco is diversifying across the world in downstream and real estate - ENI asking to off load 1.2 million barrels of oil from a distressed repurposed tanker that is listing.  

US: 

Ursa Piceance filed 9/2, over 550 operated wells in the Piceance Basin, plans 363 

OAG360 editors guess: Look for Caerus Oil and Gas to acquire these assets

Denbury Resources plans to emerge shortly from BK, elimating close to 2.1 billon in bond debt 

Trump admin planning major EPA regulation cuts if elected to another term, according to EPA chief  

FUN FACT OF THE DAY: NPV10 of Supermajors under different price decks via WoodMac 

  


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