An Important Message For Oilprice Members

  1. TS


    It's odd how the speculators respond more to the Iran nuclear deal withdrawal when it comes to oil prices, than they do to Venezuela,...
      

  2. Tom Kirkman


    Hey, you see all that talk of tightening oil supplies that are supposed to justify a bull run stampede toward triple digit oil prices? Here...
      

  3. Marina Schwarz


    This from the Daily Mail:  "The Saudi and Emirati energy ministers voiced concerns on Thursday over oil price fluctuations, saying they were determined to maintain...
      

  4. Rodent


    https://www.reuters.com/article/us-conocophillips-pdvsa-citgo/conoco-aims-to-seize-oil-cargoes-near-citgos-aruba-terminal-idUSKCN1IG30J?rpc=401& this story mentions Citgo's Aruba refinery has been down since 2012 for maintenance (described here as a major overhaul). To the best of my knowledge,...

    • Rodent Replied
    • 4 replies
    • 2,536 views
  5. MH


    If the contracts are sustainable and are a success, what do you think the implications will be on brent and wti contracts? Thoughts?

    • Mufasa Replied
    • 16 replies
    • 7,217 views
  6. Rodent


    Nicolas Maduro has had state oil firm PDVSA buy foreign oil worth US$440 million and sell it at below-market prices on friendly credit terms to...

    • Rodent Replied
    • 12 replies
    • 4,557 views
  7. Marina Schwarz


    China says no one can carry out oil, gas activities in Chinese waters without Beijing's permission This a day or so after Rosneft announced start...
      

  8. Marina Schwarz


    Christiana Figueres, formerly head of the U.N. Climate Change Secretariat when the Paris accord was reached by almost 200 nations in 2015, told Reuters...
      

  9. Marina Schwarz


    Sooo, Statoil again and musings on how its competitors don't have "oil" or "gas" in their names. Correct me if I'm wrong but this...
      

  10. Beowulf


    I must admit I get a kick out from reading about the pundits "enlightening" us all on what we can expect concerning oil demand...

    • Beowulf Replied
    • 1 reply
    • 12,386 views
  11. Rodent


    Spain’s Repsol says it will stop pursuing production growth in its upstream oil and gas division and will unveil a plan in June that would...

    • Rodent Replied
    • 1 reply
    • 1,608 views
  12. Rodent


    Welcome to the EIA inventory data thread. This thread will be updated weekly and will serve as the basis for all relevant conversation about...
      

    • Rodent Replied
    • 30 replies
    • 35,693 views
  13. Tomasz


    Worth mentioning - OECD oil and products inventories are on level of March 2015 -2819 milions of barrels  and actually  symbolic 1 milion barrels...

    • Tomasz Replied
    • 0 replies
    • 1,490 views
  14. Guillaume Albasini


    The International Maritime Organisation's (IMO) has ruled to reduce the sulphur cap for bunker fuel from 3.5% to 0.5% by 2020. The world merchant...

  15. Tom Kirkman


    A warm welcome to PRefChem the Joint Venture between Petronas and Saudi Aramco.  Great news indeed!  Elections were held in Malaysia last week, and there...
      

  16. Tom Kirkman


    Yep, this really shouldn't come as a surprise. By law, PETRONAS is subject to the control and direction of the Prime Minister. I've mentioned this before: I...
      

  17. JO

    oil price

    With the improvement in oil price, I am looking to network with people that are looking to grow their business and opportunities in Calgary. Please...
      

    • Jessy Replied
    • 1 reply
    • 2,064 views
  18. Rodent


    Just like when the sanctions on Iran were lifted, insurance proved to be particularly rough on shipments. Even with some people willing to buy...

    • Rodent Replied
    • 1 reply
    • 1,456 views
  19. Marina Schwarz


    Adnoc is in talks with BH for the acquisition of a minority stake in its drilling unit, which Adnoc listed last year, I think....
      

  20. FM


    U.S. retail sales rose moderately in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after...
      

    • franco Replied
    • 3 replies
    • 1,636 views
  21. PP


    Oil prices dived as much as 3.5 percent on Tuesday as a media report fed doubts about whether U.S. President Donald Trump would withdraw...
      

    • Petar Replied
    • 23 replies
    • 10,733 views
  22. rainman


     A U.S. decision to reimpose sanctions on Iran is supporting China’s newly established crude oil futures, and may spur efforts to start trading oil...
      

    • rainman Replied
    • 6 replies
    • 4,016 views
  23. DD


    OPEC countries are prepared to step in to alleviate any market shortages together with other producers, the group the suggested on Monday, acknowledging recent...
      

  24. Tom Kirkman


    The irrepressible Mike Shellman has another update over on his Oily Stuff site.  Worth reading Mike's views if you follow the U.S. Shale Oil...
      

  25. Tom Kirkman


    Um, a gentle reminder, I'm still accepting friendly wagers (such as the loser buys lunch) that the USA and Iran will normalize relations by the...
      

  26. Tom Kirkman


    Malaysia political shift may impact Petronas' management: WoodMac As the article above mentions, I fully expect some changes to be made to PETRONAS - Malaysia's...
      

  27. AB


    Pentagon warned that lifting the existing moratorium on oil and gas operations in the eastern Gulf of Mexico might have a negative effect on...
      

  28. DG


    Heating oil jumped .10 overnight, and I normally wait to fill my 2 tanks until mid-summer (last July 1.89/gal).  Do I buy now or...
      

  29. Marina Schwarz


    The next logical step after the announcement of the huge discovery that may or may not be recoverable meaningfully.
      

  30. SK


    Surprisingly, they have not yet roiled the oil markets https://www.economist.com/news/business/21742124-surprisingly-they-have-not-yet-roiled-oil-markets-american-shale-oil-producers-are
      

    • Sanjay Replied
    • 1 reply
    • 1,403 views