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Aug 9th, WTI @ 66.75, headed to 65.xx then to $80
Even though it looks like it the end for oil prices. Chart tells a different story. I think I made a mistake predicting the...- Top Oil Trader Replied
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- 1,746 views
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oil tips from teen vogue?
https://www.teenvogue.com/story/kinder-morgans-trans-mountain-expansion-oil-pipeline-indigenous-op-ed and here I was hoping for mascara tips... l🤪- Rodent Replied
- 3 replies
- 1,744 views
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Western Canada Select price continues to sink
Western Canada Select (or Oilsands heavy crude) has now dropped to $38.29 a barrel, while West Texas Intermediate hovers near $70. That is the...- widest gap with wti sine 2013
- wcs
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- Jan van Eck Replied
- 41 replies
- 17,737 views
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Financing Producing Properties
Financing Vehicles for Oil and Gas ProducersA Volumetric Production Purchase or VPP is a financing tool used in the oil and gas industry under...- financing
- oil and gas financing
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- BlackLine Resources Replied
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- 2,920 views
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Trumps already Backing down
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...- James Regan Replied
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- 27,333 views
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Iran Eggs On PetroYuan as Dispute with Trump Intensifies
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...- Tom Kirkman Replied
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- 1,299 views
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< sigh > $90 Oil Is A Very Real Possibility
< *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....- Tom Kirkman Replied
- 30 replies
- 14,618 views
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Look on newest steo report
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 ...- Tomasz Replied
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- 6,840 views
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Private Equity... Is It For All?
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...- oil
- private equity
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- BlackLine Resources Replied
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- 7,331 views
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Exxon cleared in accounting probe
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...- Sefko Trafikant Replied
- 7 replies
- 2,676 views
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Peak Shale - How much and When
All, I understand many of you have a much better handle on the current trends in the land shale industry than me. I am...- Mysterig Replied
- 18 replies
- 15,337 views
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Short puts on USO
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...- Doyle Johnson Replied
- 4 replies
- 6,888 views
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Where do we see the offshore Deepwater Drilling Market in 2019
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?- James Regan Replied
- 0 replies
- 1,748 views
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WTI @ 69.33 headed for $70s - $80s end of August
When I look at the charts, I filter out the noise, (greed, fear and uncertainty), this is hard to do, but someone has to...- Top Oil Trader Replied
- 184 replies
- 57,470 views
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Risks of Oil-by-Rail Rear Their Head
Environmentalists in Canada are beginning to worry about the risks associated with transporting crude oil by rail. Better lat than never, I say.- Marina Schwarz Replied
- 1 reply
- 1,682 views
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Venezuela Oil Exports to US on the Rise
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,...- Marina Schwarz Replied
- 1 reply
- 1,752 views
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what do oil and old people have in common?
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
- 1,699 views
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Oil Set for Gains Amid Iran Sanctions, Shrinking Supply
Banks raised their forecasts for oil prices for the 10th successive month in July amid anticipation of less Iranian crude and declining global inventories,...- jpZelabal Replied
- 29 replies
- 11,707 views
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Trouble in Teapot Paradise
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,...- Marina Schwarz Replied
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- 7,033 views
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supply crunch? what supply crunch?
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
- 1,229 views
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5 Permian Companies With Alleged $26/Barrel Break-Even Prices
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...- permian basin
- break-even oil price
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- dowmike Replied
- 2 replies
- 3,226 views
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Rosneft to start extracting oil in Kurdistan Region
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...- saud hashm Replied
- 1 reply
- 1,671 views
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Independents...Yardsticks for Successful Capital Sourcing
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...- BlackLine Resources Replied
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- 1,437 views
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Kuwait Takes $1 Bln Loan to Explore Shale Reserves
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...- Marina Schwarz Replied
- 1 reply
- 1,687 views
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Oil Overtakes Banking in Canada GDP
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...- Marina Schwarz Replied
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- 1,357 views
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Oil $400.00
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...- Georgecboe Replied
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- 2,048 views
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Oil To Hold Steady Into 2019
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
- 6,876 views
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How smart is Trump?
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...- BillKidd Replied
- 51 replies
- 23,363 views
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"Trump Hostage to Saudis"
“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...- trump
- saudi arabia
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- Marina Schwarz Replied
- 2 replies
- 1,784 views
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China’s Oil Futures Contract Is Beginning to Show Its Teeth
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...- Tom Kirkman Replied
- 111 replies
- 55,754 views