Crude has traded at the whim of broader risk....>

OIL: Crude has traded at the whim of broader risk sentiment over the last 24

hours or so, with little in the way of major oil specific headline flow noted.

- WTI & Brent print ~$0.20 & ~$0.10 below their respective settlement levels at

writing after lodging sub-$1 gains Thursday.

- Stories worth touching on from the last 24 hours include:

- A second failed Brazilian oil rights auction in as many days.

- Continued interest in matters surrounding the Saudi Aramco IPO.

- Saudi Arabia pointed to a ~150K bpd increase in contracts to supply Chinese

buyers in 2020.

- RTRS source reports pointing to a "reformer and a hydrotreatung unit (HTU)

shut down on Thursday at Motiva Enterprises' 607,000 barrel-per-day (bpd) Port

Arthur, Texas, refinery."