-
Trump announces more sanctions on Venezuela after Maduro Win
US will prohibit purchases of debts owed to the government and PDVSA in an attempt to keep Maduro from liquidating assets. https://www.treasury.gov/resource-center/sanctions/Programs/Documents/venezuela_eo_20180521.pdf- Rodent Replied
- 5 replies
- 4,368 views
-
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
- 1,581 views
-
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
- (and 2 more)
- Marina Schwarz Replied
- 0 replies
- 1,418 views
-
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
- 1,682 views
-
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
- 5,666 views
-
Brent Crude Oil Tops $80!
Brent crude oil on Thursday topped $80 a barrel for the first time since November 2014, as the market grew concerned that the Trump...- damirUSBiH Replied
- 40 replies
- 15,599 views
-
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
- (and 4 more)
- pinto Replied
- 4 replies
- 2,882 views
-
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
- (and 7 more)
- Osama Replied
- 0 replies
- 13,527 views
-
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
- 2,032 views
-
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
- 0 replies
- 1,081 views
-
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
- 0 replies
- 3,105 views
-
- Psnraju Replied
- 0 replies
- 1,392 views
-
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
- 2,004 views
-
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
- 2,713 views
-
North Dakota: Initial well productivity trending higher, will a rising Gas/Oil ratio negatively impact EURs?
North Dakota – update through March 2018 This article contains still images from interactive dashboards available on the blog post. To follow the instructions detailed...- shale
- north dakota
- (and 1 more)
- shaleprofile Replied
- 9 replies
- 5,368 views
-
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
- (and 3 more)
- Tom Kirkman Replied
- 2 replies
- 1,829 views
-
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
- 3,473 views
-
Relationship between oil futures/oil prices and finance
Does anyone know what I can read (recent) to better understand the relationship with oil and finance in the U.S. and elsewhere?- Terry Karl Replied
- 3 replies
- 1,880 views
-
Airlines To Get Crushed Under High Oil Prices
Some smaller airlines were struggling to make ends meet even when oil was at $40. Now it's almost twice that--a fact that should thin...- Rodent Replied
- 2 replies
- 1,658 views
-
China's CEFC Defaults on Bond Payment
After that Rosneft deal fell through, CEFC said it missed a major bond payment today. Fitch is expecting the corporate bond defaults in China will continue...- Rodent Replied
- 0 replies
- 1,176 views
-
Higher Fuel And Staff Costs To Weigh On Ryanair Profits
Ryanair (RYA.I) expects annual profits to fall for the first time in five years due to higher fuel and staffing costs and flat fares,...- Petar Replied
- 4 replies
- 2,151 views
-
Trump Could 'Punish' Venezuela With Oil Sanctions Immediately After Presidential Vote
Venezuela's oil industry could be directly targeted by the U.S. immediately after the crisis-hit nation's upcoming presidential election, oil experts warned, as global energy...- Sofia Replied
- 28 replies
- 10,614 views
-
The Gravity Effect on Oil Prices
Surprisingly, I just read a liberal, mainstream media article about oil prices, and agreed with darn near every single point they made. What the...- Tom Kirkman Replied
- 6 replies
- 3,270 views
-
Price Determines Demand (and Supply)
I am new to Oilprice.com. But I am not new to the oil business. I personally experienced much of the industry history that most...- William Edwards Replied
- 14 replies
- 5,684 views
-
BP sees oil falling to between $50 and $65
Seems I'm not the only one who thinks oil prices should be at around $65. For the last few years (2015 to 2017) I have...- Tom Kirkman Replied
- 2 replies
- 6,468 views
-
US Oil And Gas Jobs
A topic to Post Current Positions and Opportunities in US Positions in Oil And Gas- #1 Oil and Gas Recruiter Replied
- 2 replies
- 1,373 views
-
Energy Deals to Cut US-China Trade Deficit?
Would really welcome everyone's thoughts on this article: https://www.axios.com/energy-deals-cut-us-china-trade-deficit-1526651120-12062378-10df-4ed8-8605-3cedc759ef91.html When President Trump demanded that China cut its $375 billion trade deficit with the U.S. by $200...- china
- united states
- (and 4 more)
- Scotsman Replied
- 1 reply
- 1,587 views
-
Oil Investors Say More Needed to Tackle Climate Change
Sixty global investors, representing more than $10.4 trillion in assets, called on the oil and gas industry to do more to tackle climate change,...- LAOIL Replied
- 3 replies
- 2,441 views
-
Contango
MbS is gonna be sooooo pissed! (Angel butterfly wing dreams of massive wealth for Aramco IPO jackpot suddenly come crashing to Earthly reality.) Anyway, here's the news: Oil...- Tom Kirkman Replied
- 1 reply
- 2,056 views
-
Don't Forget About Venezuela With All the Iran Excitement ...
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,...- TraderTate Replied
- 9 replies
- 4,428 views