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Falling oil prices: for how long can high gas prices prop them up?
Oil prices have been falling for two successive weeks and the rate of fall appears to be somewhat tamed only by the high gas...- oil price
- oil prices
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- hemanthaa@mail.com Replied
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Brazil Government Looks To Fully Privatize Petrobras By 2022
After years of corruption from the left wing PT Workers Party and the Illustrious work carried out in operation Lava Jato by the honourable...- James Regan Replied
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19 Oil Tankers Held Hostage Off Yemeni Coast
The Yemeni Houthis have captured 19 oil tankers and are keeping them from entering the Hodeidah port - Kingdom’s ambassador. The ambassador suggested three possible reasons...- oil tankers
- hostage
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- CMOP Replied
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The Tyranny Index for the World’s Oil and Gas – Canadian Energy Centre
An overview of some of the geopolitical aspects of international oil & gas. Contains lots of documentation and links. tl;dr takeaway: ever-more oil and gas...- Tom Kirkman Replied
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- SKEP Replied
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2019 US Refinery Inputs Continue to Decline in Comparison to 2018 Data
As US GDP continues to drift lower in the 4th quarter US refinery run rates continue to be depressed. In this discussion I will...- Gary LeBlanc Replied
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Refining
Annual U.S. refinery runs expected to decline for first time in 10 years https://www.eia.gov/todayinenergy/detail.php?id=40933- ceo_energemsier Replied
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Vaca Muerta Bottlenecks
The next big thing in shale may not happen if costs don't fall below $40 per barrel. Which will be difficult because shortage of:...- argentina
- vaca muerta
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- Marina Schwarz Replied
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Saudis expect oil revenue to jump 80% by 2023
Saudi Arabia expects oil revenue to jump about 80 percent by 2023 to help the kingdom record its first budget surplus in a decade- Meanwhile Replied
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Could Latin America become the New Clothing/Footwear Mfg center, displacing China ?
U.S. petrochemical plants along the Gulf Coast have steadily been coming online. Additional plants are getting the approval. The demand for ethylene is projected...- Falcon Replied
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Norway Defies Environmentalists And Ramps Up Energy Output
The civilized world runs on oil and gas. Oil haters making oil & gas to be the bad guy is ludicrous. Way to go Norway, in...- Tom Kirkman Replied
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- 1,503 views
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Oil Price: API and EIA shorten the shadow of declining Chinese imports
Chinese oil imports have suffered in June and July and the fall in price of crude oil may, partly, be due to it. The...- oil
- oil and gas
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- hemanthaa@mail.com Replied
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OPEC Revises UP Production Estimates for 2018
OPEC's MOMR, released today, has non-OPEC supplies increasing by 1.15 million bpd in 2018 (last MoMR had this estimated at 900,000 bpd). That's nearly...- Rodent Replied
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Effects of oil prices crash on US oil sector
Rystad Says Over 100K US Oil, Gas Jobs Lost Amid Oil Slump The U.S. oil and gas labor market is one of the world’s most...- ceo_energemsier Replied
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How consistent is the significant crude inventory build and oil price - this time?
The US crude inventories have been growing for the past two weeks, according to the data from both the API and EIA. In light of the...- crude build
- crude inventories
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- hemanthaa@mail.com Replied
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Iran Sputters Back "I Know You Are But What Am I"
After Trump's tweet on Saturday, Iran has a blustering reply. Did Jahangiri take lessons from Kim Jong Un on hyperbole? See the bolded bit at...- Tom Kirkman Replied
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Russia, Saudis Discuss 1 Mln Barrel Oil Output Increase
"Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil output by around 1 million barrels per day (bpd), easing 17 months of...- oil
- production
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- Marina Schwarz Replied
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PDVSA signs $430 mil deal with seven companies in effort to boost crude production
But will the 7 companies actually get paid? How on earth can any company trust to do business these days with PDVSA? I'm not...- Tom Kirkman Replied
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NIMBY will kill this: Revived proposal for new oil & gas drilling in California
The "Keep Oil & Gas in the Ground Forever" brigade in California should be jacking up the "Not In My Back Yard" screeching and foaming...- Tom Kirkman Replied
- 2 replies
- 1,500 views
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Alaska Still Has a Few Good Decades of Oil Pumping Ahead
Or so says IHS Markit. These guys have been very optimistic about U.S. oil recently, I notice. Could those barrels really be extracted at...- Marina Schwarz Replied
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Aramco Shedding Assets... an IPO move?
http://www.arabnews.com/node/1315386/business-economy Aramco sheds some non-oil assets, emerging as a leaner company supposedly ahead of the much-anticipated IPO.- Rodent Replied
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- 1,499 views
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Just When You Though You Have Seen It All
Just when you thought you have seen it all. West Texas Intermediate (WTI) crude oil currently trades at around $58 U.S. per barrel (42 gallons). However, here...- canadas canadas Replied
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READ: The Shale Boom Is About To Go Bust
.https://oilprice.com/Energy/Crude-Oil/The-Shale-Boom-Is-About-To-Go-Bust.html Embarrassing article from a so-called Industry Journalist(?) based on information and analysis from a Tree Hugger from Bloomberg's "Beyond Carbon" AOC Green Dealers unite.- Falcon Replied
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Chevron to stay wedded to shale, for 'incredible flexibility': CEO
Chevron to stay wedded to shale, for 'incredible flexibility': CEO No return to 13 million b/d US crude output in 'next couple of years' Middle East...- ceo_energemsier Replied
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Mexico Got a Dime for Deepwater Horizon Disaster
I've yet to wrap my head around the possibility of BuzzFeed being an outlet featuring serious fact-based reporting but I'm aware that things change...- deepwater horizon
- bp
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- Marina Schwarz Replied
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Rising oil price: will the US direct intervention work this time?
The crude oil price lost the gains of the past two days due to combination of key factors including the direct intervention by the...- hemanthaa@mail.com Replied
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Effects of Hedging on Spot Prices?
So I've been reading much of the lively discussions here about oil prices and inventories and demand and supply. I was reading another article that...- BeamMeUp Replied
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Russia grabs more Asian market share as pipeline starts
East Siberia-Pacific Ocean oil pipeline extension began operating on the first day of the new year, which is set to increase Russia's market presence...- Rodent Replied
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"Can We Use Less Energy And Still Be Happy?" by Haley Zaremba at OilPrice.com
Balancing climate change goals and growing energy demand is proving to be a complex task, but the solution might just be as simple as...- Tom Nolan Replied
- 3 replies
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Saudi Arabia Might Start Shipping U.S. Crude to Asia
Saudi Arabia has considered exporting U.S. crude to Asia via its Motiva unit. For now it's uneconomical, apparently, but the option is on the...- saudi arabia
- oil
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- Marina Schwarz Replied
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- 1,495 views