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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
- 3,360 views
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Russia Plans $50 Billion Investment In Iran’s Oil, Gas Industry
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...- HermitMunster Replied
- 3 replies
- 2,458 views
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67.50 was the low for now, $70 - $76+ back in play
Sometimes the market won't give you the targets you request, at those times you need to take what you can, and say thank you,...- Top Oil Trader Replied
- 42 replies
- 12,730 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
- 1,162 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
- 2,745 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
- 1,451 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
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- Ronald Stein Replied
- 1 reply
- 15,366 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
- 15,866 views
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Rally on Hold, if 69.5 don't break, 62.5 could be next.
I may have one viewpoint, but the market action must support my view, if it does, but not enough, my view changes, if it...- Top Oil Trader Replied
- 41 replies
- 12,798 views
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Iran's President Warns Over U.S. Push For Countries To Stop Buying Oil From Iran
Iran issued a new warning over Mideast oil supplies as the United Arab Emirates said on Tuesday it could increase its own production, the...- rainman Replied
- 13 replies
- 4,533 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
- 1,315 views
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Chart shows Crude to hit $60
There are good opinions for why Crude will hit $85, the current prevailing view among analysts, traders and talking heads. And we have people...- Top Oil Trader Replied
- 2 replies
- 5,407 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
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- Marina Schwarz Replied
- 0 replies
- 1,526 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
- 1,125 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
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- Ja’Nako Bezze Replied
- 10 replies
- 3,008 views
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Russia & China bypassing Oil Sanctions to North Korea, U.S. Peeved
I'm shocked. Shocked I tell you. Russia and China violating UN sanctions by secretly selling oil to North Korea. What's next? Iran defiantly selling oil...- Tom Kirkman Replied
- 7 replies
- 3,557 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
- 1,716 views
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Dollar index now 95, will go below 91 starting next wk
If people understand Elliot, Gann, Get etc, they'll be able to see what I see. Now when the Dollar index goes down, normally the Oil...- Top Oil Trader Replied
- 1 reply
- 1,380 views
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Does S Arabia Have 2 Mln Barrels in Spare Capacity?
Well, does it? From a recent Oilprice story: "More recent history shows Saudi has never produced more than 10.6mn b/d on average over a single...- Marina Schwarz Replied
- 37 replies
- 13,896 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
- 1,851 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
- 1,861 views
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What's wrong with SA oil consumption?
Hey y'all (yep living in the south)! I am taking a look at the domestic oil consumption of Saudi Arabia, and something doesn't seem right. Consumption...- Simon Hauser Replied
- 8 replies
- 3,384 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
- 3,021 views
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Will the trade war hurt US project builds? Not if the US does it right.
IN an article posted today on Oilprice.com, analyst TSVETANA PARASKOVA quoted some oil industry executives that stated pipeline costs would escalate with the steel tariffs...- pipeline construction
- tariffs
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- Jan van Eck Replied
- 32 replies
- 10,131 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
- 1,190 views
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If WTI 69.5 holds, Rally back on. unless 67.5 breaks.
Oil prices where about to almost break 68, and move down, and the Sauds saved the day last minute with a statement,. To say Oil is...- Top Oil Trader Replied
- 0 replies
- 1,105 views
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Yemen's Houthis claim 'drone attack' on Saudi Aramco facility
He said / she said situation - - no proof either way. Yemen's Houthis claim 'drone attack' on Saudi Aramco facility Yemen's Houthi rebels claimed that...- Tom Kirkman Replied
- 3 replies
- 1,896 views
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Getting OPEC Whiplash as Aug Exports Set to Drop
Their production increased in June from May, then they agreed... kinda... in late June that they would stick more closely to the original cut...- Rodent Replied
- 1 reply
- 1,194 views
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The SPR should be downsized
The US once imported million of barrels of light oil into ports on the coast of the Gulf of Mexico. The US is now exporting...- Levid Replied
- 1 reply
- 6,554 views
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Chartist predicting a $1 fall, after WTI drops $10
https://www.axitrader.com/au/market-news-blog/market-analysis/2018/07/crude-oil-today-collapsamundo, like I said good chartists are hard to find.- Top Oil Trader Replied
- 5 replies
- 4,265 views