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BHP eats its earlier investment in US shale
BHP sold its US shale oil assets for $10.8 billion, which it purchased a few years ago for over $20 billion. Ouch. If they are...- Rodent Replied
- 21 replies
- 5,265 views
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Iran Insures Oil Exports to India
India set out to cancel some Iranian oil imports because their insurance carrier dropped them like a hot potato. Iran generously stepped in to...- Rodent Replied
- 3 replies
- 1,827 views
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Oil (WTI $69.30) headed for $80, in August.
Well it depends, if we look at the new oil discoveries, or shale production seems we're go down. War in Middle east OIl goes...- Top Oil Trader Replied
- 64 replies
- 25,895 views
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Saudi Arabia's "Unusual Funding Strategy"
The way I understand it, MBS wants to take money out of the pocket labelled "Aramco" and put it in the pocket labelled "PIF"....- saudi arabia
- aramco
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- Marina Schwarz Replied
- 2 replies
- 1,523 views
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Could Oil Plummet To $45?
Citigroup’s commodities chief Ed Morse believes Brent oil prices, which are currently trading near $72.50 per barrel and have tried to breach the $80...- BlackTortoise Replied
- 1 reply
- 1,517 views
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Capital Constrained Independents Find a Better Way
Capital for small independents has been an issue since the downturn and doesn't appear to be abating even with $65-70 oil. Banks have been...- capital
- independents
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- BlackLine Resources Replied
- 0 replies
- 1,176 views
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CHINA FUTURE
Hi my name is Riccardo Zingaro and I am writing my thesis in Finance about chinese crude oil future. I have some questions about...- backed gold
- medium sour
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- Riccardo Zingaro Replied
- 0 replies
- 1,178 views
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My comments on the lack of motor oil in Venezuela for Lubs n Greases
https://pubs.lubesngreases.com/lubereport-americas/1_31/lubricants/In-Search-of-Motor-Oil-in-Venezuela-13706-1.html- jose chalhoub Replied
- 0 replies
- 1,259 views
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Venezuela's fast currency footwork
I'm no Econ major, but removing some zeros from their currency doesn't seem like it would solve Venezuela's problems. Is this kicking the can,...- Rodent Replied
- 2 replies
- 1,418 views
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Oil broke 69.5, new Syrian conflict, expecting 76+
Rockets hitting Israel. Syrian plane brought down by Israel, Israeli planes brought down. Iran threats. Not good for oil prices. Prices broke the pivot...- Top Oil Trader Replied
- 1 reply
- 1,699 views
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EIA weekly US oil inventories -6147K vs -3000K expected
Weekly oil inventory data from the EIA Prior week was +5836K Gasoline -2328K vs -1092K exp Distillates -101K vs +550K exp Refinery utilization -0.5% vs +1.0% exp Production unchanged...- Claude Replied
- 0 replies
- 1,156 views
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U.S. Crude Oil Floods Into Italy as Libyan Supplies Falter
Italy’s imports of U.S. crude oil vaulted to a record in June after attacks by armed groups shuttered two major Libyan oil ports and...- rainman Replied
- 5 replies
- 3,354 views
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BLCO at Wholesale prices- Off-OPEC sellers
I have a well vetted US based seller/off-OPEC agent for 2 allocation holders of BLCO. We can deliver TTO, CIF or ex-tanks China, Las...- Maurice Blanchard Replied
- 0 replies
- 2,735 views
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Smoke and Mirrors? U.S. Oil Threats Against Iran Can Be Easily Answered: Revolutionary Guards
United States threats to throttle Iran’s international oil trade can be easily answered, the head of the elite Revolutionary Guards said on Wednesday, according...- jpZelabal Replied
- 9 replies
- 3,295 views
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Introducing
Hi just joined the community. I am a consultant Directional Driller wondering when things will get better. Day rates on the big wide world...- Ross Stevenson Replied
- 1 reply
- 1,439 views
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We’re Addicted to Prosperity
The two prime mover of transportation, the jet turbine and the diesel engine, provide the backbone of our prosperity – commerce and recreation. The...- oil
- transportation
- (and 2 more)
- Ronald Stein Replied
- 1 reply
- 15,358 views
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KSA consumption puzzle Pt II
Can't let go of the consumption puzzle ,sorry guys, just trying to understand some data ;). Assume the following formula: Consumption = Production - Exports...- Simon Hauser Replied
- 1 reply
- 15,856 views
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Iran Says Will Respond In Kind If U.S. Tries To Block Oil Exports
Iran will react with equal countermeasures if Washington tries to block its oil exports, the foreign ministry said on Tuesday, while the Islamic Republic’s...- damirUSBiH Replied
- 32 replies
- 11,397 views
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US production hits record
Crude oil and natural gas production hit a new record in June with the highest production ever in the U.S. Production of crude topped 10.7 million barrels per...- Cokiga Damke Replied
- 19 replies
- 12,653 views
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Energy Giants Opening Natural Gas Spigots, Fueling Profit Rise
The world’s largest oil companies are pumping more natural gas than ever before, helping to spur a rise in profits while sating rising global...- Pavel Replied
- 2 replies
- 1,306 views
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Anyone Else Fed Up with Big Oil = Big Tobacco?
I have really had it with this "equation", especially in light of the lawsuits that try to play the Big Tobacco analogy card. How...- big oil
- big tobacco
- (and 2 more)
- Marina Schwarz Replied
- 0 replies
- 1,514 views
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UPDATE 3-Oil prices fall on demand concerns as G20 warns of risks to growth
G20 Statement regarding oil "demand": UPDATE 3-Oil prices fall on demand concerns as G20 warns of risks to growth https://ca.investing.com/news/commodities-news/update-1oil-prices-fall-on-demand-concerns-as-g20-warns-of-risks-to-growth-1213020- Dan Warnick Replied
- 1 reply
- 1,118 views
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Can We see another boom in oil prices soon?
Despite of recent corrections can we see another spike in oil prices soon? if we ignore the fundamental theories..facts and figures shows different stories...- Harsh vardhan singh Replied
- 1 reply
- 1,706 views
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Oil @ 69.5, headed for 62.5. Down for 3+ weeks
First fundamentally here are reasons why it is headed down. This will be the 4th week that oil prices are down, for the trend which...- Top Oil Trader Replied
- 67 replies
- 19,468 views
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Iran threatened to block the Strait of Hormuz
What are the consequences, if Iran blocks the Strait of Hormuz? and can iran do that? I mean, are they are so powerful to...- Bharath Replied
- 0 replies
- 1,849 views
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Oil Price In Saskatchewan Canada
My family owns mineral rights to a 7500bpd play in Saskatchewan, Canada. About 1.5 from Lloydminster. Our oil has an API gravity between 10...- Jullien Bagneris Replied
- 2 replies
- 1,842 views
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Aramco IPO ... more delays NOW CANCELED
If you are one of the three people in the world holding out that Aramco will complete its IPO this year or next, you...- Rodent Replied
- 27 replies
- 13,410 views
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Baltimore joins oil lawsuit
Baltimore has become the latest U.S. city to try and hold the world's biggest oil companies financially responsible for global warming.The city filed a...- baltimore oil
- baltimore
- (and 1 more)
- Ja’Nako Bezze Replied
- 10 replies
- 2,999 views
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Since 70.x didn't hold, now down to 65
Also remember 69.5 had to hold too, and will soon be broken. Charts say it all. Fundamental news also that US is slapping China with...- Top Oil Trader Replied
- 0 replies
- 1,181 views
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WTI needs to stay above 70.x, for rally to continue.
Wti now 70. At 76 I said we go to 62.5 then 52, well it didnt hot those targets, but it did go down and...- Top Oil Trader Replied
- 7 replies
- 3,006 views