1. https://oilprice.com/Latest-Energy-News/World-News/US-Grants-Iran-Sanctions-Waiver-To-Southern-Gas-Corridor.html Wow that didn't take long. Looks like Trump is merely posturing and my prediction is that noting will happen in November regarding OIL sanctions. Trump...
      


  2. The Tylers on ZH are landing zingers again, with their take on the Trump vs. Iran government feud intensifying. PetroYuan meanwhile: Ahmadinejad Urges End To US...
      


  3. < *sigh* > Reluctantly, I have to agree with this assessment by Nick Cunningham. A gentle reminder, I do not want to see triple digit oil prices....
      


  4.    EIA STEO is rather a conservative projection.  But this time they changed their oil numbers  quite a lot. For example Non=OPEC production  July August 2016  57,95     ...


  5. Private equity... what's the situation today with the prices that have smartly moved from sub $30 per barrel to near $70 and OPEC actually...
      


  6. SEC dropped a two-year-old accounting probe into Exxon Mobil Corp.’s valuation of its reserves and whether Exxon Mobil's accounting practices were transparent about climate change risk. The...
      


  7. All, I understand many of you have a much better handle on the current trends in the land shale industry than me.  I am...
      


  8. I currently hold 1,000 short puts on USO, 500 contracts @ $13.00 strike,  expiring Jan. 18 2019, collected $22,500 in premium. break even $12.55, also...


  9. https://www.ft.com/content/caca46c2-8e61-11e8-bb8f-a6a2f7bca546 Based on the report above where do we see Rig Utliziation and how will geopolitical events influence this?
      


  10. When I look at the charts,  I filter out the noise, (greed, fear and uncertainty), this is hard to do, but someone has to...
      


  11. Environmentalists in Canada are beginning to worry about the risks associated with transporting crude oil by rail. Better lat than never, I say.
      


  12. It may sound illogical but it's yet another example of pure market logic: Venezuela's oil production is falling but its exports to the US,...
      


  13. i don't know.... ask China!! https://www.bloomberg.com/news/articles/2018-08-02/asian-oil-rig-giant-buys-into-old-folks-homes-across-the-u-s


  14. Banks raised their forecasts for oil prices for the 10th successive month in July amid anticipation of less Iranian crude and declining global inventories,...
      


  15. Chinese teapots are cutting their crude oil purchases as they face higher taxes, costlier imports, and a glut of refined products. It's pretty serious,...
      


  16. BP's Angolan oil sits on water for two months.  https://uk.reuters.com/article/uk-china-bp-oil-independents/bp-offloads-oil-cargo-to-shandong-refiner-after-two-month-delay-on-water-sources-idUKKBN1KN0IV?rpc=401&amp;


  17. Interesting research from GlobalData Energy (via Forbes) recently out: According to the data from 26 operators in the Permian Basin, the break-even oil prices...
      


  18. by the Warsaw Institute Foundation   It is all about the implementation of the contracts signed in October 2017. The entire process is expected to occur...
      


  19. One of the most pressing issues for independents is funding and harvesting inventory that still has producible oil and gas while not 'selling the ranch' equity...
      


  20. Kuwait's taken a loan of $1.1 billion to explore its shale reserves. My first thought was "Wherever are they hiding these shale reserves?" but...
      


  21. Crude oil was a bigger contributor to Canada's GDP this May than banking and insurance together. Sure, it's temporary but it's still a sign...
      


  22. Hello   Rumor hearing oil at close to $400.00 dollars a barrel by 2020. I think it will 300.00 dollars but an executive order will be put...


  23. According to Reuters poll, oil prices are likely to hold fairly steady this year and next as increased output from OPEC and the U.S....
      


  24. There is some great insight on this forum and I am curious about something. Trump keeps himself in the news just about every day. He's...


  25. “It seems President Trump has been taken hostage by Saudi Arabia and a few producers when they claimed they can replace 2.5 million barrels...
      


  26. Welp, it's been a few weeks since my last gentle reminder nudge about the inexorable, incremental, slow-moving financial tsunami that is the PetroYuan. Ignoring it won't...
      


  27. According to the Wall Street Journal, July 30th, 2018, "Crude oil is being used faster than its being replaced." How can that be?  Amid seemingly...
      


  28. Last Saturday, President Maduro announced his intentions to rationalise the supply of gasoline in the country through some tool called Carnet de la Patria...
      


  29. Where is the computer located that determine the supply and demand for oil and therefore create a price ?


  30. First up, this weekend's update on the Petronas vs. Sarawak oil rights dispute: Testing time for Petronas THE Sarawak government is expected to enforce the Oil...