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India is the next best Investment destination for National Oil Companies
India fulfills all three conditions: a large oil market, strong demand growth and lack of sufficient refining capabilities. India will lead the world in...- Harsh vardhan singh Replied
- 0 replies
- 1,453 views
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Iran Doesn't Want Higher Oil Prices
The Saudis want to keep tightening the market and pushing prices up and now Iran's come out with an official statement against higher oil...- iran
- saudi arabia
- (and 3 more)
- Kate Turlington Replied
- 39 replies
- 17,444 views
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What If There's No Oil Shortage from Iran?
I know this is far-fetched but: Japan, S Korea and the EU are already looking for ways to get an exemption from sanctions, so...- Marina Schwarz Replied
- 2 replies
- 1,588 views
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Russia Getting Rid of Dollar in Oil Trade?
Reiterating what Novak said last week, Putin now says it is looking to break free of the US dollar in the oil trade. Russia’s central...- Rodent Replied
- 1 reply
- 1,690 views
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Oil at $300?
The horror: if oil producers don't start investing in new production, crude could hit $300 in a few years, says Pierre Andurand. BUT if...- Marina Schwarz Replied
- 41 replies
- 31,577 views
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Conoco to Legally Seize PDVSA Assets - *Turnabout is Fair Play*
Karma has come home to roost for PDVSA, and for Venezuela's seizure-happy Socialist government. What goes around, comes around. Turnabout is fair play. Here's an Oil...- Tom Kirkman Replied
- 2 replies
- 1,662 views
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- Oscar Replied
- 0 replies
- 2,004 views
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Venezuela's oil industry is collapsing. A report by CNN Money
http://money.cnn.com/2018/05/09/news/companies/venezuela-oil-industry/index.html- jose chalhoub Replied
- 1 reply
- 1,729 views
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Aramco Sits on 270 Billion Barrels
That's what two anonymous (of course) sources told Reuters as Aramco is being audited independently. Now I want to see their reserve replacement rate...- Marina Schwarz Replied
- 13 replies
- 6,202 views
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Norway Announces Oil Licensing Round in Mature Areas
Norway announced today the latest oil licensing round in mature areas on the Norwegian Continental Shelf. Norway seems to be scrambling to find new...- Rodent Replied
- 0 replies
- 1,162 views
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Total, Shell Deals with Iran in Trouble?
Curious to see what will happen with Total SA's Iran oil deal, and Shell's tech licensing deal in light of promised U.S. sanctions on...- iran
- united states
- (and 4 more)
- TraderTate Replied
- 0 replies
- 1,416 views
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There goes our income tax cuts!!!!
When higher import duties are put on steel etc domestic steel prices will increase too. Mfg. costs go up and US consumer pays more...- PARRAS Replied
- 1 reply
- 3,273 views
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Look in the mirror for climate change
In the decades and centuries before 1900, man could travel as far as he could walk or as far as his horse would take...- Ronald Stein Replied
- 1 reply
- 1,631 views
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Future of Petrochemicals
As the world is gradually reducing its reliance on oil and gas for transportation and energy, how will this affect petrochemical industry growth and...- Sibi Thirunavukkarasu S Replied
- 5 replies
- 4,292 views
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Qatar Petroleum on Expansion Track
"QP, which produces 4.8 million barrels of oil equivalent per day (boed), aims to boost its output to 6.5 million boed in the next...- Marina Schwarz Replied
- 1 reply
- 1,730 views
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Electric Buses are Eating into Oil Demand
China is adding e-buses at a breakneck speed, apparently, and Bloomberg estimates these will eliminate almost 280,000 bpd from diesel fuel demand this year....- china
- electric bus
- (and 2 more)
- Marina Schwarz Replied
- 9 replies
- 4,119 views
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Oil Prices are Starting to Rise Too High
Oil prices are starting to rise too high in my opinion. $80 oil (as forecasted for later) is simply not sustainable. I really wish KSA...- Tom Kirkman Replied
- 40 replies
- 27,214 views
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Not Exactly Illegal, but.... Paid Actors?
Actors have been hired and paid to sit through public hearings for a proposed power plant in New Orleans, The Lens reports, citing interviews...- Rodent Replied
- 0 replies
- 1,266 views
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$300 / 1bbl?
Wlodek
300 $ per bbl, why not? I'm agree, If something could be happens w USD, when one match box reach for 15$ , can...- Wlodek Replied
- 0 replies
- 3,201 views
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Venezuela might be left ouf of the Caribbean market soon.
https://www.reuters.com/article/conocophillips-pdvsa-assets/conoco-moves-to-take-over-venezuelan-pdvsas-caribbean-assets-sources-idUSL1N1SD07L- jose chalhoub Replied
- 3 replies
- 2,121 views
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U.S. Oil Cracks $70, Dollar Heads Towards 2018 High
Oil prices jumped to their highest since late 2014 on Monday on a deepening economic crisis in Venezuela and worries that the Unites States...- franco Replied
- 9 replies
- 4,478 views
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Venezuela's ex oil czar predicts PDVSA's collapse
Rafael Ramirez, former venezuelan oil czar, just published another piece, another ranting, predicting something that started under his very tenure. Here's the link: https://www.bloomberg.com/news/articles/2018-05-04/man-who-ran-venezuelan-oil-giant-for-decade-predicts-fast-demise- jose chalhoub Replied
- 0 replies
- 1,988 views
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Venezuela Expects to Lose Another 200,000 bpd by end-2018
The odds are stacked in favor of the bulls, no doubt about it. Can this particular tailwind be reversed?- Marina Schwarz Replied
- 6 replies
- 3,247 views
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Qatar Steps In to Buy Rosneft Stake After China Deal Collapses
Qatar is taking a stake in Rosneft of nearly 19 percent, rescuing the Russian oil major from its stalled deal to sell a major...- Stormysaga Replied
- 1 reply
- 2,451 views
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Trump's Revenge: U.S. Oil Floods Europe, Hurting OPEC and Russia
As OPEC’s efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount...- damirUSBiH Replied
- 27 replies
- 12,896 views
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Shifting energy import patterns enhance China’s clout in the Middle East
Article worth reading, despite the unusual source. And time for me to add in that the potential clout of the PetroYuan should steadily increase. Which...- Tom Kirkman Replied
- 1 reply
- 2,879 views
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BP Fishing for More US Shale Exposure ...
Something for traders to keep an eye on: BP busy looking into BHP Billiton's US shale assets, per Bloomberg and Oilprice.com. Saw a lot...- Carlsbad Replied
- 0 replies
- 1,831 views
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Russia Stands by OPEC Deal
Russia reaffirmed its pledge to an alliance with OPEC, despite two months of breaching its target under a global oil-output deal. According to Russia's...- Selva Replied
- 1 reply
- 12,425 views
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PetroYuan - China's Oil Futures are Gaining Momentum
Ok, this is just plain weird. I'm sharing an Oil Price article here on the Oil Price community forum. I'm a long time reader...- petroyuan
- petrodollar
- (and 2 more)
- Tom Kirkman Replied
- 8 replies
- 6,603 views
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Renewables.....makes more sense than $300.
Well..... I have always maintained that predicting oil prices is a very tricky business. However,one should always try to grasp the "trends" that have,...- oil price
- renewables
- (and 5 more)
- Osama Replied
- 2 replies
- 3,175 views