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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
- 1,272 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
- 6,656 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
- 4,459 views
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Wood Mackenzie joined the naysayers club as they forecasted peak oil demand by 2036
Forecasted peak oil demand by 2036 is too early...and now we have to wait for next 20 years. https://www.ft.com/content/a12af4be-85cf-11e8-96dd-fa565ec55929?segmentid=acee4131-99c2-09d3-a635-873e61754ec6- Harsh vardhan singh Replied
- 2 replies
- 1,527 views
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Libyan Oil Workers Abducted, Sharara Production to Fall
I missed the next potential drop in Libyan oil production after the abduction of oil workers from the Sharara oilfield over the weekend, following...- Seleskya Replied
- 1 reply
- 1,971 views
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Trump mulling releasing 5 to 30 Mill Barrels
If trump wanted to just lower the prices of oil, he would just need release the SPRs, and from what I see, this will...- Top Oil Trader Replied
- 4 replies
- 2,385 views
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Permian Land Rush Over, Consolidation Time?
A new report from Austin-based Drillinginfo analytics is forecasting a surge in M&A activity for oil and gas for the rest of this year...- acqusitions
- mergers
- (and 3 more)
- TraderTate Replied
- 2 replies
- 1,797 views
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Trouble in Basra
Is anybody outside of oilprice.com writers paying attention to what's going on in Iraq, and specifically in Basra. Honestly, I'm surprised it's taken this...- Royalblood Replied
- 2 replies
- 10,625 views
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Kingdom is pumping more oil to tackle venezuelan oil crisis or for U.S. Shale
I think The Kingdom’s strategy is very simple: Less oil prices + Gain more clients + Happy clients = Tackle U.S. Shale- Harsh vardhan singh Replied
- 1 reply
- 1,282 views
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Venezuela, the largest oil reserve in the world, faces deep shortages of motor oil
On a personal anecdote, i need to change my motor oil of my car, and Im nervous since i dont know if and when...- jose chalhoub Replied
- 22 replies
- 8,388 views
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WTI @ 68.04. Good news will move it up to 70s range
Charts speak louder than words. What the fundamental news item will be, I have no clue, it can be anyone's guess. I am sure...- Top Oil Trader Replied
- 0 replies
- 1,262 views
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Well from $74 we hit 67.xx now what?
Well, as you see, charts can predict future prices quite accurately. They can't predict the event though. But this is not saying you can...- Top Oil Trader Replied
- 5 replies
- 3,364 views
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Kaplan Says Rising Oil Prices Won't Hurt US Economy
The Fed's Kaplan is now saying that higher oil prices shouldn't really hurt the U.S. economy much, because US is producing more and businesses...- oil prices
- us economy
- (and 2 more)
- Seleskya Replied
- 15 replies
- 5,254 views
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Oil Boom Bust Lather Rinse Repeat Oh Sh*t
Good analysis, worth reading. A number of valid points raised for consideration. The lather-rinse-repeat of the oil boom-bust cycle might be in for a serious...- Tom Kirkman Replied
- 1 reply
- 2,277 views
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OIl Targets from Experts to $300, vs. imho $52
What is funny, is how many Analysts still can't see prices collapsing. The reason is because most put too much emphasis to the current...- Top Oil Trader Replied
- 22 replies
- 9,813 views
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How to Replace the California Gas Tax Law if it’s Repealed
With California's fuel costs among the highest in the country, the public did NOT vote for the SB1 tax that was added in 2017. This...- Ronald Stein Replied
- 1 reply
- 2,173 views
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Will Guyana outpace Venezuela as oil producer in South America?
Guyana, the tiny neighbour country of Venezuela, once the largest oil producer and exporter in the region, has been since quite a time in...- oil
- geopolitics
- (and 2 more)
- jose chalhoub Replied
- 0 replies
- 1,167 views
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What can bring oil prices down?
This is my humble attempt at defining some of the factors, that I opine, can bring down or stabilize the rising oil prices. Let's...- oil
- oil prices
- (and 7 more)
- Osama Replied
- 8 replies
- 6,376 views
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WTI just broke $71.20 up, now back to earth
This was expected again it was just a 150 basis point move up, and with oil volatile as it is, it's no big deal....- Top Oil Trader Replied
- 3 replies
- 3,586 views
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Oil Falls Toward $73 Per Barrel As Supply Concerns Ease
Oil prices fell on Friday and were set for a second straight week of decline after Libyan ports reopened and on the view that...- Pavel Replied
- 2 replies
- 1,375 views
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U.S. and German support for Russian Oil & Gas
Heck, let's just pour some fuel on this dumpster fire. The bizarre geopolitical relationships concerning international oil & gas make for entertaining soap opera. Forbes decides...- Tom Kirkman Replied
- 3 replies
- 2,081 views
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Crude (WTI) touched below $70, what now?
Well prices managed to touch low 69, and will now try to stay above $70 maybe $71 to try and resume the rally for...- Top Oil Trader Replied
- 1 reply
- 1,324 views
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by 7-12-2018, WTI (crude) will be trading under $72
Not trying to be William Delbert Gann from 1800s early 1900s, but it been clear now since last week, just wanted to put a target and...- Top Oil Trader Replied
- 13 replies
- 4,211 views
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Oil went below $72 as predicted, now headed for $52.
The question in most oil traders, analysts and buyers minds is, well Oil went down, OK, very good guess. But that is just a drop of $6...- Top Oil Trader Replied
- 10 replies
- 7,175 views
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the future price of oil
The future price of oil could go down significantly due to global warming. Especially if the harbor-front states follow suit in suing oil companies,...- ricky Replied
- 4 replies
- 4,428 views
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Rhode Island Sues Big Oil
The biggest, baddest, b-somethingest lawsuit to date: 21 defendants. Rhode Island AG claims the state has been uniquely damaged but Big Bad Oil. Don't they...- rhode island
- big oil
- (and 1 more)
- Marina Schwarz Replied
- 54 replies
- 17,743 views
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Why Oil had to go down, fundamentally speaking.
As I have mentioned before, I focus on charts, showing signs of whats about to happen way before the fundamental news come out. But...- Top Oil Trader Replied
- 0 replies
- 1,118 views
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Saudi Production Up 500,000 bpd in June
Saudi Arabia's oil production jumped by nearly 500,000 barrels per day in June, so what can we expect in July?- saudi arabia
- opec
- (and 3 more)
- Carlsbad Replied
- 4 replies
- 2,231 views
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Libya: When Will Trump Tweet to NOC?
NOC's chairman is saying production in Libya is falling by the day with all the export terminals closed. How long before Trump starts yelling...- Marina Schwarz Replied
- 3 replies
- 1,907 views
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What caused oil to spike from July '73 to Jan '74?
Did it have anything to do with Nixon getting us out of the Bretton Woods' agreement, or was it wholly because of the Arab...- HermitMunster Replied
- 2 replies
- 1,378 views