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U.S now exports more oil than what Venezuela produces
According to a recent report the U.S. now is exporting more barrels of oil than the overall Venezuela's oil production, at least after recent...- jose chalhoub Replied
- 2 replies
- 2,320 views
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Alberta Wants to Move More Oil by Train
Alberta's energy minister is meeting with oil producers and the two biggest railway operators in the province to negotiate more oil train capacity. All...- Marina Schwarz Replied
- 2 replies
- 2,845 views
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But this time it's *different*
I would simply like to advise some caution during this exuberant bull run. Remember 2014 and 2015. What goes up eventually goes down. And I'm still waiting...- Tom Kirkman Replied
- 2 replies
- 6,319 views
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When Will Oil Demand Start to Suffer?
Okay, how much higher does Brent have to go for demand to start declining? Let's have a wild guess party, since that's what everyone...- Marina Schwarz Replied
- 1 reply
- 1,784 views
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IMF threatens to bar Venezuela from voting on IMF issues
IMF has made repeated attempts to get information from Venezuela, and it has not been forthcoming. Now it is threatening to bar Venezuela from...- Rodent Replied
- 2 replies
- 1,553 views
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Is Russian Giving Up on Production Cut Deal?
10.97 million bpd in April, same as March. Large companies produced more in April, while smaller companies produced less for a net zero change....- Rodent Replied
- 1 reply
- 1,608 views
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Here we go! Oil Heads Up To $74 a Barrel, But U.S. Bonds, Crude Supply Cast A Pall
Oil eased on Wednesday, but held in sight of three-year highs reached the previous day, as rising U.S. fuel inventories and production weighed on...- Pavel Replied
- 17 replies
- 6,507 views
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North Sea Decommissioning Could Cost 80 Bln
That's compared with a government estimate of 39 billion pounds. The higher bill was calculated by an NGO that says the Oil and Gas Authority...- Marina Schwarz Replied
- 1 reply
- 1,563 views
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Northern Territory Allows Fracking
Australia's poorest and least populated state has lifted a two-year ban on fracking saying a study of the environmental impact of the extraction method...- Marina Schwarz Replied
- 4 replies
- 2,620 views
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Should the World Follow Norway's Lead?
Norwegian drivers pay the highest gas prices in the world and most of them are made up of taxes on ICE vehicles. One Green...- Marina Schwarz Replied
- 0 replies
- 1,310 views
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Great Q1 for Anadarko
Anadarko profit up as costs way down (-35%ish). Like Devon, raised production guidance for 2018 (shocker). Stock down 1.19%- Rodent Replied
- 1 reply
- 3,094 views
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Devon Raises Production Forecast
Oklahoma-based Devon Energy Corp (DVN.N) raised its annual production forecast today, expecting it to rise 16 percent from 2017. It was previously forecasting a 14 percent rise. Devon...- Rodent Replied
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- 1,269 views
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OPEC and Oil Market Dynamics
Lengthy article from Petroleum Economist with oodles of reasonings. My view on this is pretty simple - OPEC (especially Saudi Arabia) is getting way too...- opec
- saudi aramco
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- Tom Kirkman Replied
- 6 replies
- 4,656 views
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Gasoline prices will be mediated
Gasoline prices will be mediated by natural gas and electric vehicles. Also by ethanol and new oil producers worldwide using fracking and horizontal drilling.- ronwagn Replied
- 2 replies
- 1,840 views
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iran tariffs
once the dust settle's I have my doubts if this whole Iran sanction deal will have any lasting effect on crude supply or price,...- cattleman Replied
- 2 replies
- 1,671 views
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Crude Jumps on Netanyahu War-Mongering
Oil prices jumped after Israel's Prime Minister Benjamin Netanyahu revealed files he claims show Iran ran a secret program to produce nuclear weapons. https://www.cnbc.com/2018/04/30/benjamin-netanyahu-to-address-iran-nuclear-deal-sending-oil-higher.html- BlackTortoise Replied
- 2 replies
- 2,018 views
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Saudi Aramco Appoints First Female Board Member
The Saudi state-owned oil producer is planning to become a publicly listed company and has appointed five new board members. Among them is Lynn...- BlackTortoise Replied
- 2 replies
- 1,694 views
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Marathon Andeavor Merger to Create Largest Fuel Maker in US
$23B deal.The offer values Andeavor at about $152.27 a share-- about 24 percent premium over Friday’s closing price. https://www.bloomberg.com/news/articles/2018-04-30/marathon-to-buy-andeavor-in-23-3-billion-u-s-oil-refining-deal- Rodent Replied
- 0 replies
- 1,879 views
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BP's Dudley Slowly Poisoned By Russians?
Does this have merit, or is this more Russia fear-mongering? https://www.telegraph.co.uk/news/2018/04/29/bp-chief-poisoned-russia-plot-claims-former-colleague/- Rodent Replied
- 0 replies
- 1,421 views
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Yemen's Rebels Step Up Attacks on Aramco Oil Facilities
Yemeni rebels are increasingly targeting Saudi Arabian oil facilities, threatening the kingdom’s economic engine and adding another layer of geopolitical tension that is helping...- Stormysaga Replied
- 15 replies
- 7,318 views
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- kafave Replied
- 2 replies
- 1,985 views
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Exxon Reports Quarterly Profit of $4.65bn On Rising Crude Oil Price
The company posted net income of $4.7 billion, or $1.09 per share, compared to $4.01 billion, or 95 cents per share, in the year-ago...- ThunderBlade Replied
- 4 replies
- 4,595 views
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Low Oil Prices
Anyone has any idea when the last time oil prices was in the range of $35 to $45 a barrel? Newby on board.- Promear Replied
- 3 replies
- 1,757 views
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Can Saudi Arabia Afford Vision 2030?
I've been seeing way too many headlines including Saudi Arabia and billions of dollars in them. So, the Saudis are clearly on a spending...- saudi arabia
- vision 2030
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- Marina Schwarz Replied
- 7 replies
- 4,567 views
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Investment: The Next Obstacle for OPEC
"The overhang of unwanted crude and oil products has reached OPEC’s target, but the group now says it would rather see a pickup in...- Marina Schwarz Replied
- 0 replies
- 1,435 views
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Pemex Announces New Round of Onshore Auctions.
What are the chances of success here? Mexico is offering up 7 more areas on shore. Since most of Mexico's auctions have had lousy...- Rodent Replied
- 1 reply
- 1,531 views
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Oil price to make shale profitable?
I am going over Oilprice.com's free document called "Tricky Terminology That Can Make Or Break Your Bottom Line" they sent to me this week. I...- shale profitability
- shale
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- Cherish Replied
- 1 reply
- 1,519 views
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Low WCS Causing production problems in Canada
Husky Energy said today its Q1 production was 300,400 barrels of oil equivalent per day (boe/d), down from 320,000 boe/d in Q4 2017 and 334,000...- Rodent Replied
- 0 replies
- 1,325 views
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Will Mexico Elections Mean No More Foreign Oil Friendliness?
US should be worried that Obrador, even if he's not going to undo all the energy reforms in Mexico, would use nationalist policies to...- Blockchainbull Replied
- 3 replies
- 2,361 views
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Comprehensive List of Factors that affect crude oil price
Considering trading crude oil. Will study for 6 months and use free practice trading accounts. Can the community help me create a list of...- Achilles Replied
- 7 replies
- 3,895 views