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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
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- 1,813 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
- 2,334 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
- 3,081 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
- 1,742 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
- 2,488 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
- 12,311 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
- 4,109 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
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- Osama Replied
- 2 replies
- 3,061 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
- 2,721 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
- 3,147 views
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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
- 2,139 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
- 1,414 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
- 1,505 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
- 1,640 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
- 1,447 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
- 1,195 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
- 3,004 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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- 1,171 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
- 30,228 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
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- Tom Kirkman Replied
- 8 replies
- 6,157 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
- 1,484 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
- 1,849 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
- 1,533 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
- 1,725 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
- 1,300 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
- 5,834 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
- 25,171 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
- 4,450 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
- 4,288 views
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- kafave Replied
- 2 replies
- 1,799 views