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Madrid. Key topics of discussion: 1 — OPEC / Saudi Policy - OPEC agreed to cut production by 1.2mb/d, along with 600kb/d from non-OPEC producers. Francisco believes Saudi’s key objective will be to push the oil forward curve into backwardation to 1)lower global refinery margins 2) lower prices for forwar
Page: HOUSE_OVERSIGHT_014695 →hat if a tax was imposed, it would have profound implications for EM demand and the WTI/Br arb. The appointment of key cabinet members Rex Tillerson, Rick Perry, and Scott Pruitt pose significant implications for the US energy sector. 4 — Commodity Macro — Forward inflation expectations around the world have
Page: HOUSE_OVERSIGHT_014695 →f Madrid. Key topics of discussion: 1— OPEC / Saudi Policy - OPEC agreed to cut production by 1.2mb/d, along with 600kb/d from non-OPEC producers. Francisco believes Saudi's key objective will be to push the oil forward curve into backwardation to 1)lower global refinery margins 2) lower prices for forwa
at if a tax was imposed, it would have profound implications for EM demand and the WTI/Br arb. The appointment of key cabinet members Rex Tillerson, Rick Perry, and Scott Pruitt pose significant implications for the US energy sector. EFTA_R1_01366292 EFTA02367777 4 — Commodity Macro — Forward inflation
eling with his 17-year-old brother, Marlon Galicia, who lacks legal status. Marlon signed a voluntary deportation form and was sent to Mexico, but Francisco, who was born in Texas, is still in detention with little access to a phone. "The ICE detainee locator system shows Francisco is being held at the
rnas and -Fruman]. Why did Parnas and Fruman want the ambassador out? It's still not clear. ... One person who probably could shed light on this is Rick Perry. ... According to testimony by U.S. Embassy staffer Holmes, Perry used a meeting with Zelensky to give him a list of `people he trusts' on energy
Entities connected to both Francisco and Rick Perry

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