Oil (General)

    2233 Topics in this forum


  1. BP is expected a higher post-tax earnings in 2018 thanks to corporate tax changes for 2018, it said today. Lowering from 35% to 21%...
      


  2. US set to take over as world's largest oil producer in 2018--and Russia just hit a 30-year production high in 2017. 
      


  3. East Siberia-Pacific Ocean oil pipeline extension began operating on the first day of the new year, which is set to increase Russia's market presence...
      


  4. Iran's oil revenues up 56.8% year on year (Iranian year, which started in March 2017) to US$14 billion. Higher oil prices will have it...
      


  5. Russia's oil production, according to Reuters, hit an average output of 10.98 million bpd in 2018--a 30-year high, despite its pact with OPEC. 2016 average bpd:...
      


  6. Big Oil is still reluctant to venture into the Arctic, even if it's Norway's Arctic. besides Eni and its Goliath project, apparently only Shell...
      


  7. Or so says Venezuela. It will supposedly be backed by 5.3 billion barrels of oil worth $267 billion.  
      


  8. Too long horizontal wells are straining pumpjacks. Time for a new tech breakthrough or time to rein in the length. I'd bet on the...
      


  9. A few of the biggest Iran importers in Asia, such as  China, Japan, S Korea imported near 30 percent  less oil crude from Iran...
      


  10. Seeing a lot of press about China selling oil to North Korea despite sanctions. Is this just a case of smuggling, or is China...


  11. The burden on the US oil industry may soon lighten as department of interior considers easing of safety regulations that were put in place...


  12. I expect US drillers to now increase their drilling budgets nicely for Q1/2 2018. Makes sense if they scaled back drilling budgets when prices...
      


  13. Oil exploration in U.S. Arctic waters got underway this week with the spudding of a new oil well from the man-made Spy Island in...
      


  14. https://www.cushingoilinventory.com/?gclid=Cj0KCQiAyZLSBRDpARIsAH66VQKEXEGKCLyyTNqWPrpAYLJjjDUasr6zLX_rvVJH7xWPSdyElgMW_kkaAlySEALw_wcB new service for reporting cushing inventory ahead of the EIA. They fly over oil storage and provide same-day reporting on the levels.  However... "We capture...
      


  15. Last week, the UN Security Council unanimously voted in favor of the resolution to introduce new sanctions against North Korea for its continuing ballistic...
      


  16. What if Saudi Arabia decided to exit OPEC's production cut deal as soon as its IPO is launched? They need higher oil prices to...
      


  17. Mexican light crude is being kept at home, limited how much is available for export. Guess who's gonna fill the gap left int he...


  18. Five Oil Signals to Watch in 2018 Nothing really new or surprising except the possibility of disruptions in Iran. Things seem pretty calm there right...
      


  19. Oil truckers in the Permian Basin (Texas) who were fired when oil prices tanked in 2014 are now back in high demand as prices...
      


  20. I had no idea that leading a Chinese state-run oil giant was so .. not lucrative. The recently resigned chairman of state-run Sinopec reportedly...
      


  21. With all the bullishness raging on in oil now, especially after Libya's pipeline attack that took some 90,000 bpd offline for at least a...
      


  22. Exxon's started exporting gas from Argentina's Vaca Muerta shale. I don't think OPEC are factoring Argentina's shale oil and gas into their plans, I...
      


  23. CEO Bob Dudley no longer sees U.S. shale being the swing producer he thought it would be. Could this be smokescreen for soaring, record shale...
      


  24. http://money.cnn.com/2017/12/03/news/economy/murkowski-senate-tax-bill-alaska-wildlife-oil-drilling/index.html I love then they say that the tax cuts will help middle class. There is no middle class in US anymore  


  25. Saudi Arabia expects oil revenue to jump about 80 percent by 2023 to help the kingdom record its first budget surplus in a decade
      


  26. Saudis Expect Oil Revenue to Increase 80% by 2023 I can't help wondering if someone woke up thinking "Let's produce some news" or all that...
      


  27. US administration has paused its funding for a major study meant to improve how regulators enforce offshore oil and natural gas drilling safety.  
      


  28. Despite the ongoing struggle for control of Libya's oil wealth (and this is probably going to go back and forth for some time to...
      


  29. They've announced that the Forties pipeline for North Sea oil is going to restart ... oil prices haven't really responded to that. Still stable...
      


  30. Here some good perspective on where oil demand might be headed, when you put all the demand forecasts from the EIA side by side...