Key Facts
USO closed at US$134.64 up 0.07% on Friday, August 21, tracking a WTI futures market caught between Hormuz tension and Iraq supply ambitions.
Petrobras New York shares rose 0.74% to US$19.15 as reports of a Pemex deepwater partnership in Mexican Gulf waters kept the Brazilian major on investors’ radar.
YPF gained 0.51% to US$51.18 after the Vaca Muerta operator submitted its US$51 billion Argentina LNG project under the RIGI incentive regime.
Guyana has recovered roughly US$55 billion of Stabroek investment moving the ExxonMobil-led project toward the full 50% profit-oil split under the 2016 production-sharing agreement.
