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Oil Surplus 'Already Cleared'?
Would love to hear the experts' take on this Bloomberg piece citing sources who say OPEC and 'allied producers' "have already cleared surplus" https://www.bloomberg.com/news/articles/2018-05-27/opec-committee-is-said-to-see-oil-stockpiles-below-5-yr-average- HK Rach Replied
- 0 replies
- 3,063 views
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Oil Bulls Tripped, and Russia + OPEC May Increase Production Soon
Here's 2 items which I would like to bring to your attention, in combination. It seems the increasingly loud calls by stampeding oil bulls for $100+...- Tom Kirkman Replied
- 1 reply
- 2,876 views
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hiring oil field personals
would hiring be effected recently based on the oil prices cause lately it dropped down, i also want to know what should i do...- Saeid Replied
- 1 reply
- 7,595 views
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Only 1/4 of Top Permian Producers Made Money in Q1 - Despite Higher Oil Prices
Mainstream Media is waking up to the over-hype of U.S. Shale Oil economics. It is a bit strange to me that the MSM has been paying...- Tom Kirkman Replied
- 7 replies
- 4,625 views
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Rising Fuel prices vs rising oil prices. Whom do they hurt?
Social media is something that I'm straying away from. Changing my mind and stuff is impossible when not allowed to delete previous posts. So I...- Danny Hangartner Replied
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Kinder Morgan scores big court victory
Well, it looks like the Courts have just handed a rebuke toboth the City of Vancouver and the Squamish First Nations,demolishing their lawsuit to...- kinder morgan
- vancouver
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- Jan van Eck Replied
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- 1,324 views
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A Return of Low Prices Is Suggested
It was reported yesterday by CNN that Khalid al Falih, Oil minister of Saudi Arabia, said "Two years ago we pulled supply. I think in...- William Edwards Replied
- 76 replies
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Where do I find the "analyst estimates" of inventory data?
When the weekly API inventory data comes out, I always read how it compares to analyst estimates. How/where do I find those analyst estimates?- AE911truth.org Replied
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- 1,708 views
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Tweet Trips Up Bull Run
So, um, anyone recall my earlier repeated comments here that I've been hoping for an average of $65 oil this year? That $80 was...- oil prices
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- Tom Kirkman Replied
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- 4,459 views
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its
The OILPRO.COM Pundits have regrouped !
Nice to see the OILPRO.COM pundits/refugees have found a new home !- Glenn Ellis Replied
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- 4,376 views
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- SHIVA Replied
- 3 replies
- 3,901 views
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Holiday weekend: Gas Prices Surge
With the holiday weekend getting underway, gas prices are climbing toward the three dollar mark for the first time in four years. Regular gas...- Pavel Replied
- 13 replies
- 4,307 views
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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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- 1,500 views
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Venezuela's oil minister General Quevedo tasked by Maduro to increase oil output by 1 million barrels per day. Not going to happen...
So how exactly is a military general with no experience in Oil & Gas supposed to significantly increase oil output, despite increased international sanctions? Maybe...- Tom Kirkman Replied
- 1 reply
- 1,725 views
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Maduro Not to Blame for Venezuela's Woes
https://lta.reuters.com/article/idLTAL2N1SV1LX?rpc=401& Maduro said that blaming him for Venezuela’s economic meltdown was a “stupid simplification.” And he pledged to boost oil production and open dialogue with business...- Rodent Replied
- 3 replies
- 1,828 views
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Russia and Saudi To Discuss Relaxing Oil Production Caps
Russia and Saudi Arabia’s energy ministers will discuss a relaxation of the global oil production cap agreed between Opec and Moscow, amid calls for...- russia
- saudi arabia
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- pinto Replied
- 4 replies
- 3,042 views
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Bigger Picture: Oil Markets
Here is my bigger picture analysis of what is going on and what might happen. Yes...I do believe that oil prices will come down.....the reasons?...- oil
- bigger picture
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- Osama Replied
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Democrats Urge Trump to ‘Stand Up to OPEC’ Amid Rising Oil Prices
U.S. Senate Democrats urged President Trump to try to prod OPEC to take steps to lower oil prices and suggested that millions of Americans...- Selva Replied
- 21 replies
- 14,915 views
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Elon Musk Goes Full Conspiracy Theorist, Blames Big Oil for Tesla's Negative Media Coverage
Presented without comment. (I'm laughing like a hyena, but that's not really a comment). Elon Musk Goes Full Conspiracy Theorist, Blames Big Oil for Tesla's Negative...- Tom Kirkman Replied
- 68 replies
- 28,509 views
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Russia/China bow out of Sanctions on Venezuela
China and Russia don't seem too interested in playing along with US sanctions on Venezuela, despite Maduro's suspect win. And Venezuela gave two US...- Rodent Replied
- 3 replies
- 2,285 views
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Hedging Haircuts and Big Basis Moves
http://www.petronerds.com/hedging-haircuts-and-big-basis-moves/ Another fantastic article by the folks over at Petronerds. You would think with the price of WTI rising operators would now be turning a...- FeetDontFailMeNow Replied
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- 1,179 views
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Norway Fund Votes Against Climate Target at Shell
The Norway sovereign wealth fund has voted against a shareholder proposal for Shell to set itself carbon emission targets. I'm confused -- this same...- Marina Schwarz Replied
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How Lousy Shale Oil Economics Will Pull Down The U.S. Economy
This article is a bit feisty. More than a bit, actually. Pretty sure quite a few readers here will disagree. And that's perfectly OK. Give...- Tom Kirkman Replied
- 20 replies
- 8,243 views
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- Psnraju Replied
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NBR Breaking out, Cramer says $14.00 target.
Jim CramerVerified account @jimcramer 2h2 hours ago More Nabors Industries stock is poised to break out: Kamich 1 reply2 retweets10 likes Reply 1 Retweet 2 Like 10 Direct message- MJL Replied
- 4 replies
- 2,928 views
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How Much Oil Could EVs Feasibly Displace by 2040?
I've been seeing a lot of chit-chat about how much oil EVs could displace on various forums, but most of it is a collection...- Scotsman Replied
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Saudi electricity demand
https://qz.com/1284239/70-of-saudi-arabias-electricity-is-used-for-air-conditioning/ 70% of Saudi electricity usage goes toward air conditioning, and 100% of electricity is generated from fossil fuels.- Rodent Replied
- 5 replies
- 3,671 views
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Santos Board diches Harbour offer
Santos board unanimously rejected Harbour unconditional offer of $5.25 USD/share; ends talks. https://www.santos.com/media-centre/announcements/santos-rejects-harbour-proposal-and-terminates-discussions/- DanilKa Replied
- 1 reply
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U.S. DOD feels a bit NIMBY about O&G in Eastern Gulf of Mexico
The U.S. Department of Defense reported to Congress that they really don't like the idea of offshore oil & gas in certain parts of...- gulf of mexico
- department of defense
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- Tom Kirkman Replied
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- 2,030 views
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High Oil Prices Becoming Herd Mentality
I'm very much pro oil & gas. And currently I am very much knowingly biased in favor of oil & gas over "renewable" energy, which...- Tom Kirkman Replied
- 9 replies
- 5,994 views