---
title: Syz The Moment | oil (23)
description: oil | Syz The Moment (23)
---

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Show more

26 Aug 2024

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-93e9f4fb&text=Crude%20Oil%20falls%20to%20lowest%20price%20since%20January>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-93e9f4fb&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1724308376214.jpg&title=Crude%20Oil%20falls%20to%20lowest%20price%20since%20January&summary=Source:%20Barchart&source=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-93e9f4fb>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-93e9f4fb>

#### Crude Oil falls to lowest price since January

Source: Barchart

[#Volatility|](https://blog.syzgroup.com/syz-the-moment/tag/volatility) [#oil](https://blog.syzgroup.com/syz-the-moment/tag/oil)

![Crude Oil falls to lowest price since January](https://blog.syzgroup.com/hubfs/1724308376214.jpg)

![Crude Oil falls to lowest price since January](https://blog.syzgroup.com/hubfs/1724308376214.jpg)

21 Aug 2024

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-1919911f&text=Another%20shocking%20chart:%20oil%20in%20gold%20terms%20at%2040%20year%20low>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-1919911f&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1724185400576.jpg&title=Another%20shocking%20chart:%20oil%20in%20gold%20terms%20at%2040%20year%20low&summary=Source:%20www.zerohedge.com,%20Bloomberg&source=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-1919911f>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-1919911f>

#### Another shocking chart: oil in gold terms at 40 year low

Source: www.zerohedge.com, Bloomberg

[#gold|](https://blog.syzgroup.com/syz-the-moment/tag/gold) [#oil](https://blog.syzgroup.com/syz-the-moment/tag/oil)

![Another shocking chart: oil in gold terms at 40 year low](https://blog.syzgroup.com/hubfs/1724185400576.jpg)

![Another shocking chart: oil in gold terms at 40 year low](https://blog.syzgroup.com/hubfs/1724185400576.jpg)

21 Aug 2024

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-3635c4f3&text=2%20key%20takeaways%20from%20saudi%20budget%20data%20in%20the%201st%20half%20of%202024>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-3635c4f3&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1724166740141.jpg&title=2%20key%20takeaways%20from%20saudi%20budget%20data%20in%20the%201st%20half%20of%202024&summary=1.%20Saudi%20needs%20oil%20at%20$95%20to%20balance%20its%20budget.%202.%20Adding%20domestic%20investments%20by%20the%20sovereign%20wealth%20fund,%20the%20figure%20rises%20to%20$112.%20If%20Oil%20price%20stays%20at%20this%20level%20($77),%20deficits%20are%20likely%20to%20persist.%20Source:%20Bloomberg,%20@ZiadMDaoud%20on%20X&source=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-3635c4f3>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-3635c4f3>

#### 2 key takeaways from saudi budget data in the 1st half of 2024

1\. Saudi needs oil at $95 to balance its budget. 2. Adding domestic investments by the sovereign wealth fund, the figure rises to $112. If Oil price stays at this level ($77), deficits are likely to persist. Source: Bloomberg, @ZiadMDaoud on X

[#oil](https://blog.syzgroup.com/syz-the-moment/tag/oil)

![2 key takeaways from saudi budget data in the 1st half of 2024](https://blog.syzgroup.com/hubfs/1724166740141.jpg)

![2 key takeaways from saudi budget data in the 1st half of 2024](https://blog.syzgroup.com/hubfs/1724166740141.jpg)

15 Aug 2024

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-76324775&text=BREAKING:%20US%20crude%20oil%20production%20has%20officially%20hit%20a%20record%2013.4%20million%20barrels%20per%20day.>
- <http://www.linkedin.com/shareArticle?mini=true&url=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-76324775&submitted-image-url=https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/1723614634017.jpg&title=BREAKING:%20US%20crude%20oil%20production%20has%20officially%20hit%20a%20record%2013.4%20million%20barrels%20per%20day.&summary=Daily%20oil%20production%20has%20increased%20by%2022%%20over%20the%20last%204%20years.%20Since%202008,%20production%20has%20skyrocketed%20350%%20from%20~3.8%20million%20barrels%20per%20day.%20The%20US%20is%20now%20the%20world’s%20largest%20oil%20producer%20exceeding%20Russia>
- <https://www.facebook.com/sharer/sharer.php?u=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-76324775>

#### BREAKING: US crude oil production has officially hit a record 13.4 million barrels per day.

Daily oil production has increased by 22% over the last 4 years. Since 2008, production has skyrocketed 350% from ~3.8 million barrels per day. The US is now the world’s largest oil producer exceeding Russia's output by ~35% and Saudi Arabia by ~38%. The US is dominating global oil production. Source: The Kobeissi Letter, The Daily Shot

[#Commodities|](https://blog.syzgroup.com/syz-the-moment/tag/commodities) [#oil](https://blog.syzgroup.com/syz-the-moment/tag/oil)

![BREAKING: US crude oil production has officially hit a record 13.4 million barrels per day.](https://blog.syzgroup.com/hubfs/1723614634017.jpg)

![BREAKING: US crude oil production has officially hit a record 13.4 million barrels per day.](https://blog.syzgroup.com/hubfs/1723614634017.jpg)

7 Aug 2024

- <https://twitter.com/intent/tweet?url=https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-8fcd0365&text=In%20case%20you%20missed%20it...>
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#### In case you missed it...

Crude Oil has fallen to its lowest price since early February. Source: Barchart

[#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#oil](https://blog.syzgroup.com/syz-the-moment/tag/oil)

![In case you missed it...](https://blog.syzgroup.com/hubfs/1723011554478.jpg)

![In case you missed it...](https://blog.syzgroup.com/hubfs/1723011554478.jpg)

28 Jun 2024

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#### 1.285 million barrels of oil were added to the Strategic Petroleum Reserve last week, the largest addition since June 2020

Source: Barchart

[#oil](https://blog.syzgroup.com/syz-the-moment/tag/oil)

![1.285 million barrels of oil were added to the Strategic Petroleum Reserve last week, the largest addition since June 2020](https://blog.syzgroup.com/hubfs/11-Jun-28-2024-09-20-04-4978-AM.jpg)

![1.285 million barrels of oil were added to the Strategic Petroleum Reserve last week, the largest addition since June 2020](https://blog.syzgroup.com/hubfs/11-Jun-28-2024-09-20-04-4978-AM.jpg)

28 Jun 2024

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#### 1.285 million barrels of oil were added to the Strategic Petroleum Reserve last week, the largest addition since June 2020

Source: Barchart

[#Commodities|](https://blog.syzgroup.com/syz-the-moment/tag/commodities) [#oil](https://blog.syzgroup.com/syz-the-moment/tag/oil)

![1.285 million barrels of oil were added to the Strategic Petroleum Reserve last week, the largest addition since June 2020](https://blog.syzgroup.com/hubfs/9-Jun-28-2024-08-59-39-1220-AM.jpg)

![1.285 million barrels of oil were added to the Strategic Petroleum Reserve last week, the largest addition since June 2020](https://blog.syzgroup.com/hubfs/9-Jun-28-2024-08-59-39-1220-AM.jpg)

26 Jun 2024

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#### Saudi aramco and the rest...

Source: Visual Capitalist

[#oil|](https://blog.syzgroup.com/syz-the-moment/tag/oil) [#Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east)

![Saudi aramco and the rest...](https://blog.syzgroup.com/hubfs/3-Jun-26-2024-12-44-33-4874-PM.jpg)

![Saudi aramco and the rest...](https://blog.syzgroup.com/hubfs/3-Jun-26-2024-12-44-33-4874-PM.jpg)

❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/oil/page/22)

[21](https://blog.syzgroup.com/syz-the-moment/tag/oil/page/21) [22](https://blog.syzgroup.com/syz-the-moment/tag/oil/page/22) [23](https://blog.syzgroup.com/syz-the-moment/tag/oil/page/23) [24](https://blog.syzgroup.com/syz-the-moment/tag/oil/page/24) [25](https://blog.syzgroup.com/syz-the-moment/tag/oil/page/25)

[❯](https://blog.syzgroup.com/syz-the-moment/tag/oil/page/24) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/oil/page/31?hsLang=en)

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