An Important Message For Oilprice Members

  1. JJ


    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...
      

  2. AS


    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...
      

    • Seleskya Replied
    • 15 replies
    • 5,471 views
  3. Tom Kirkman


    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...
      

  4. JJ


    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...
      

  5. Ronald Stein


    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...
      

  6. jose chalhoub


    Guyana, the tiny neighbour country of Venezuela, once the largest oil producer and exporter in the region, has been since quite a time in...
      

  7. Osama


    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...
      

    • Osama Replied
    • 8 replies
    • 6,506 views
  8. JJ


    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....
      

  9. PP


    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
    • 1,466 views
  10. Tom Kirkman


    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...
      

  11. JJ


    Well prices managed to touch low 69, and will now try to stay above $70 maybe $71 to try and resume the rally for...
      

  12. JJ


    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...
      

  13. JJ


    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...
      

  14. rC


    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
    • 4,515 views
  15. Marina Schwarz


    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...
      

  16. JJ


    As I have mentioned before, I focus on charts, showing signs of whats about to happen way before the fundamental news come out. But...
      

  17. CB


    Saudi Arabia's oil production jumped by nearly 500,000 barrels per day in June, so what can we expect in July?
      

    • Carlsbad Replied
    • 4 replies
    • 2,281 views
  18. Marina Schwarz


    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...
      

  19. HermitMunster


    Did it have anything to do with Nixon getting us out of the Bretton Woods' agreement, or was it wholly because of the Arab...

  20. Rodent


    I guess they are in between a rock and a hard place, with being a major importer. https://www.rferl.org/a/india-top-iranian-oil-importer-says-will-not-honor-us-sanctions-swaraj/29256213.html

    • Rodent Replied
    • 7 replies
    • 2,997 views
  21. KW


    how oil as well as other major energy sources influenced indias foreign policy....

  22. Tom Kirkman


    Here's an independent, serious analysis of U.S. Light Tight Oil economics in the Bakken.  Number crunching and financial modeling done by Rune Likvern. This is...
      

  23. JJ


    Like i said in an earlier post, certain countries may circumvent OPEC and purchase oil directly from Iran, or others. Could oil hit $50...
      

  24. Tom Kirkman


    Pic related:
      

  25. MJ


    Read recently that a bunch of companies have all piled into West Texas for the frac sand, and all combined they are planning to...
      

  26. Marina Schwarz


    Several hundred oil workers in Norway have gone on strike after failing to reach an agreement on wages with their employers. It doesn't sound...
      

  27. JB


    I see alot of old wizards here and lots of good commentary.  This website is great. After driving season, oil is likely to retrace.  But...

    • taamvan Replied
    • 0 replies
    • 1,696 views
  28. Marina Schwarz


    Aramco more resilient to oil slump than listed rivals: accounts Next in the series of ridiculous comparisons: Plastics vs Metals Fruit vs Vegetables Cars vs Bicycles and of course Oranges...
      

  29. Rodent


    https://www.cbc.ca/news/business/suncor-syncrude-production-1.4738951

    • Rodent Replied
    • 0 replies
    • 1,304 views
  30. jose chalhoub


    according to a news release, Minister of Oil Manuel Quevedo called for a mass at a church in order to pray to God to...