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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
- 1,190 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
- 1,566 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
- 0 replies
- 1,386 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
- 1,575 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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- 1,242 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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- 2,006 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
- 6,803 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
- 1,712 views
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Venezuela's President plans to control domestic gasoline supplies through a control card
Last Saturday, President Maduro announced his intentions to rationalise the supply of gasoline in the country through some tool called Carnet de la Patria...- jose chalhoub Replied
- 3 replies
- 2,404 views
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New Oil Supply and Institutional Yield... Correlative?
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...- oil markets
- hedge funds
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- BlackLine Resources Replied
- 0 replies
- 1,610 views
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Oil price determination
Where is the computer located that determine the supply and demand for oil and therefore create a price ?- mauricesheiner Replied
- 0 replies
- 1,125 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
- (and 4 more)
- Marina Schwarz Replied
- 2 replies
- 1,698 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
- 2,052 views
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Oil prices going down
Oil prices, as I have maintained, have started to fall. How low can they go? Well that is not easy to answer. Nor should...- oil
- oil prices
- (and 3 more)
- Osama Replied
- 273 replies
- 142,455 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
- 1,672 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
- (and 1 more)
- BlackLine Resources Replied
- 0 replies
- 1,344 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
- 21,448 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
- (and 1 more)
- Riccardo Zingaro Replied
- 0 replies
- 1,310 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
- 1,576 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
- 1,461 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
- 3,545 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
- 1,845 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
- 3,605 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
- 2,664 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
- 13,755 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
- 1,291 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
- 2,994 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
- 1,583 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
- 15,609 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
- 16,054 views