An Important Message For Oilprice Members

  1. CD


    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...
      

  2. Marina Schwarz


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

  3. Rodent


    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
    • 5,264 views
  4. Rodent


    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

    • Rodent Replied
    • 2 replies
    • 1,270 views
  5. ML


    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...
      

    • dowmike Replied
    • 2 replies
    • 2,837 views
  6. Marina Schwarz


    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,...
      

  7. Rodent


    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&

    • Rodent Replied
    • 0 replies
    • 1,042 views
  8. saud hashm


    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...
      

  9. KH


    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...
      

  10. Marina Schwarz


    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...
      

  11. Marina Schwarz


    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...
      

  12. GG


    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...

  13. SP


    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....
      

    • Sofia Replied
    • 1 reply
    • 6,574 views
  14. Marina Schwarz


    “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...
      

  15. jose chalhoub


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

  16. KH


    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...
      

  17. mauricesheiner


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

  18. Marina Schwarz


    The way I understand it, MBS wants to take money out of the pocket labelled "Aramco" and put it in the pocket labelled "PIF"....
      

  19. Rodent


    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
    • 1,825 views
  20. Osama


    Oil prices, as I have maintained, have started to fall. How low can they go? Well that is not easy to answer. Nor should...
      

    • Osama Replied
    • 273 replies
    • 133,073 views
  21. CM


    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...

  22. KH


    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...
      

  23. JJ


    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...
      

  24. Riccardo Zingaro


    Hi my name is Riccardo Zingaro and I am writing my thesis in Finance about chinese crude oil future. I have some questions about...
      

  25. Rodent


    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
    • 1,417 views
  26. jose chalhoub


    https://pubs.lubesngreases.com/lubereport-americas/1_31/lubricants/In-Search-of-Motor-Oil-in-Venezuela-13706-1.html
      

  27. jj


    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...
      

  28. JJ


    Rockets hitting Israel. Syrian plane brought down by Israel, Israeli planes brought down. Iran threats. Not good for oil prices. Prices broke the pivot...

  29. rainman


    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
  30. HermitMunster


    I don't know the entire history of Russia-Iran relations, but, they sure are chummy now. I think this puts to bed any doubts that...