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  1. CMOP


    The Way You Receive Oil & Energy News Is Changing - For The Better. - Be The First To Download Our New App   We are excited to...
      

    • CMOP Replied
    • 9 replies
    • 19,279 views
  2. Tom Kirkman


    Due to global oil demand collapse, too many oil producing countries are still overproducing, and are rapidly running out of storage for oil.  Overproduction is...

  3. ronwagn


    https://www.theepochtimes.com/real-death-toll-in-wuhan-might-be-12-times-official-figure-ashes-urns-tell-us_3289749.html   Real Virus Death Toll in Wuhan Could Be 12 Times Official Figure BY NICOLE HAO   March 29, 2020 Updated: March 30, 2020
      

    • ronwagn Replied
    • 27 replies
    • 2,911 views
  4. CD


    WHY IS  OIL PRICE. com ALWAYS NEGATIVE ???? I'm guessing because it originates from England ??? Anybody out there from the US or England can identify...

  5. MG


    Looks like Wyoiming Light crude went negative, selling at minus $1.76/bbl.   And Canada WCS is down around $6.50 US.  Oil-sands bitumen?  Essentially worthless.  OK,...
      

  6. ronwagn


    https://dailycaller.com/2020/04/02/tucker-carlson-shutdown-strategy-coronavirus/   Tucker Questions Severity Of Shutdown Strategy: What If ‘We’d Adopted A More Conventional Response To This Epidemic?’
      

    • ronwagn Replied
    • 57 replies
    • 2,666 views
  7. ronwagn


    Sims – Get America Moving Again: Why Trump Is Right to Re-Open the Economy 2,712
      

    • ronwagn Replied
    • 367 replies
    • 59,531 views
  8. Tom Kirkman


    Today, President Donald J. Trump will meet with executives in the energy industry to discuss the impact of COVID-19 and recent developments in energy...

  9. Tom Kirkman


    A bit too late.  U.S. Oil & Gas sector is already getting decimated. The silver lining to this mess might be if U.S. kept more of...

  10. cv


    Oil Industry Experts Say Shale Will Rise Again     (Bloomberg) -- The American shale industry shocked the world with its rebound after the 2014-2016 bust, setting records for...
      

  11. cv


    China to Start Buying Oil for State Reserves After Crash   https://www.bloomberg.com/news/articles/2020-04-02/china-to-start-buying-oil-for-state-reserves-after-price-crash?fbclid=IwAR04YmL-SfBiYLNbeuqdJcojsNrqDiYM_aPjZagJxuxjpZnP6Jj6ds2Ndj4
      

  12. SJ


    The idea that electric cars are lowering demand is ridiculous.  Electric cars haven’t made a dent, just a small scratch in oil demand. Electric...

  13. Tom Kirkman


    Unexpected news.  Posting article in full, because the Sputnik website seems to be having difficulties. Russia's Rosneft Oil Company Announces Termination of Its Activity in...

  14. Ward Smith


    Yahoo article about Occidental
      

  15. BL


    The OPEC+ Cut helps but hardly makes up for demand loss. It's not a supply problem at this time.  It's the DEMAND. Said the OPEC+ cuts...

    • BLA Replied
    • 3 replies
    • 423 views
  16. Tom Kirkman


    Key bit of the article bolded below. Oil Extends Gains As OPEC Leaders Call Emergency Meeting To Discuss Trump Production Cuts Global oil prices extended gains...

  17. BL


    Tough with $22 brent Their pipeline  is vulnerable to attack  for 100's of miles.  Why would someone want to invest in such a risky asset,...

    • BLA Replied
    • 25 replies
    • 3,204 views
  18. BL


    India just declared Force Majeure with Saudi Arabia oil.  Don't need anymore oil.  Don't want anymore. Saudi exports to U.S. last week dropped in half.  Supposedly...

    • BLA Replied
    • 3 replies
    • 628 views
  19. ronwagn


    https://seekingalpha.com/article/4333579-contrary-to-assertions-saudi-arabia-cant-endure-30_00-oil-for-long Contrary To Assertions, Saudi Arabia Can't Endure $30.00 Oil For Long
      

    • ronwagn Replied
    • 23 replies
    • 2,701 views
  20. BL


    More PR than substance. The producers have to make major cuts to exports not production.   There is so much oil in storage and the demand destruction...

    • BLA Replied
    • 1 reply
    • 418 views
  21. Tomasz


    Quote Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia, & I expect & hope that...

    • Tomasz Replied
    • 2 replies
    • 480 views
  22. Wolfgang Horn


    We are witnesses to the end of the petroleum age. After more than 125 years, oil is now beginning to radically descend into the...
      

  23. Dr.Masih Rezvani


    >>The falling of the Persian Gulf oil empires is near << Oil is a blessing for the Gulf states . Oil exploration in the middle of...

  24. Tom Kirkman


    MbS is determined to shoot himself and Saudi Arabia and OPEC in the foot.  I'm fine with that. As Saudi Arabia Boosts Oil Output, Some...

  25. BK


    So, the fed says it's doing a $2t direct stimulus and also a $4t fund for loans to "whomever." I hope somebody is up...

  26. Tom Kirkman


    https://twitter.com/tassagency_en/status/1245179320575782913 Article referenced: https://tass.com/economy/1138399 The US Department of Energy said that "Secretary Brouillette and Russian Minister of Energy Alexander Novak had a productive discussion on the current...

  27. James Regan


    Jungle drums are beating and it looks like a few of the Contractors are preempting the inevitable. https://seekingalpha.com/amp/article/4331180-valaris-prepare-for-bankruptcy-after-recent-events Pacific and Noble sited to be in same...
      

  28. BL


    Today Trump moves ahead with a promising therapeutic that could control the virus by summer. When Trump first asked about the availability of HCQ +...
      

    • BLA Replied
    • 129 replies
    • 16,645 views
  29. cv


    NEW YORK/WASHINGTON (Reuters) - The Trump administration plans to lease out space for energy companies to store oil in the nation's Strategic Petroleum Reserve,...
      

  30. JM


    As the oil producers wait for the additional barrels to come on-line from OPEC and non-OPEC countries in April where do U.S.producers store their...

    • JoMack Replied
    • 28 replies
    • 3,443 views