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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
- 1,449 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
- 2,257 views
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Russia & China bypassing Oil Sanctions to North Korea, U.S. Peeved
I'm shocked. Shocked I tell you. Russia and China violating UN sanctions by secretly selling oil to North Korea. What's next? Iran defiantly selling oil...- Tom Kirkman Replied
- 7 replies
- 3,960 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
- 1,219 views
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Does S Arabia Have 2 Mln Barrels in Spare Capacity?
Well, does it? From a recent Oilprice story: "More recent history shows Saudi has never produced more than 10.6mn b/d on average over a single...- Marina Schwarz Replied
- 37 replies
- 15,466 views
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Will the trade war hurt US project builds? Not if the US does it right.
IN an article posted today on Oilprice.com, analyst TSVETANA PARASKOVA quoted some oil industry executives that stated pipeline costs would escalate with the steel tariffs...- pipeline construction
- tariffs
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- Jan van Eck Replied
- 32 replies
- 11,812 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
- 7,437 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
- 2,338 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
- 6,652 views
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Oil and indias foreign policy
how oil as well as other major energy sources influenced indias foreign policy....- Kailas Wagh Replied
- 2 replies
- 7,534 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
- 4,600 views
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CO2 Emissions Hit 67-Year Low In USA, As Rest-Of-World Rises
< *cough* > Guess I'll just wait here quietly for indignant wailing, gnashing of teeth, and implications that I am a neanderthal science denier... And just...- Tom Kirkman Replied
- 7 replies
- 6,519 views
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More on LTO Economics in the Bakken - Some Number Crunching
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...- Tom Kirkman Replied
- 2 replies
- 3,163 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
- 1,524 views
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Sudden run on West Texas sand
Read recently that a bunch of companies have all piled into West Texas for the frac sand, and all combined they are planning to...- west texas
- permian basin
- (and 1 more)
- Royalblood Replied
- 6 replies
- 8,402 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
- 4,485 views
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Norway Oil Strike
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...- Marina Schwarz Replied
- 2 replies
- 5,624 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
- 2,041 views
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Short term down, Long term, Skys the Limit!
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
- 1,841 views
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Syncrude Outage to Linger Until Mid-September
https://www.cbc.ca/news/business/suncor-syncrude-production-1.4738951- Rodent Replied
- 0 replies
- 1,342 views
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What happens if Asia don't buy US OIl?
Like i said in an earlier post, certain countries may circumvent OPEC and purchase oil directly from Iran, or others. Could oil hit $50...- Top Oil Trader Replied
- 13 replies
- 6,277 views
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How Oil Trends are broken
Here is a simple chart that shows the low made was made at about $72. It also shows the Trend line from the highs of...- Top Oil Trader Replied
- 0 replies
- 2,062 views
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Venezuela's Oil minister calls for a mass to pray for ramping up PDVSA oil production
according to a news release, Minister of Oil Manuel Quevedo called for a mass at a church in order to pray to God to...- jose chalhoub Replied
- 3 replies
- 2,139 views
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WTI (Crude) sells off, pivot @ 73.38 and it went below
As i mentioned for a couple of days now that Crude would head toward the $60, here is some more evidence. The fact that...- oil prices
- crude
- (and 1 more)
- Top Oil Trader Replied
- 0 replies
- 1,445 views
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China is Wrecking the Planet
So much for those aggressive clean energy targets: https://www.bbc.com/news/science-environment-44738952 And it's not energy related..... but it IS crude oil related: polyurethane foam!- Rodent Replied
- 1 reply
- 7,927 views
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Aramco The Resilient
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...- Marina Schwarz Replied
- 2 replies
- 2,652 views
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Total Sells Stakes in North Sea Fields
Total s selling $1.5 billion worth of oil and gas field stakes in the North Sea. Good for them. Those renewable energy firms won't...- Marina Schwarz Replied
- 0 replies
- 1,248 views
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Chart shows Crude to hit $60
There are good opinions for why Crude will hit $85, the current prevailing view among analysts, traders and talking heads. And we have people...- Top Oil Trader Replied
- 2 replies
- 5,744 views
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Weekend Hyperbole Reading - The Coming Oil Crunch
Looking for some weekend hyperbolic reading to kerfluffle your feathers? Here ya go. Maybe try enjoying 4 cups of coffee before reading it if you want to...- Tom Kirkman Replied
- 1 reply
- 2,110 views
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Electric car sets Pikes Peak record
Have you seen this? Pretty impressive, this sucker is fast! Amazing technology. Watch the video a bit! Electric car sets Pikes Peak ascent record,...- BillKidd Replied
- 1 reply
- 1,723 views