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Oil Falls As Trump Tweet Blasts OPEC
Crude futures turned lower Friday after President Donald Trump suggested in a tweet that OPEC is keeping oil prices artificially high and said he would...- Nigerian Price Replied
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- 22,234 views
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Asian Oil Demand To Hit Record - The Price Per Barrel Continues To Grow
Asian oil demand will hit a record in April just as global crude values are lifted to levels not seen in three years by...- damirUSBiH Replied
- 9 replies
- 5,897 views
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Novak, Al-Falih Send Conflicting Signals
From today's meeting in Jeddah: Alexander Novak says the quotas could be lowered before the deal expires; Al-Falih says "Don't listen to the noise,...- Marina Schwarz Replied
- 2 replies
- 2,118 views
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Oil theft 'costing Libya over $750m annually'
Fuel smuggling is costing Libya more than $750m each year and harming its economy and society. The fuel smugglers and thieves have permeated not only...- CMOP Replied
- 0 replies
- 1,429 views
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Can Senegal Escape Resource Curse?
According to oil industry executives and diplomats who spoke to the Financial Times—Senegal has a chance to avoid the ‘oil curse’ pitfall because of...- Rodent Replied
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Biggest Threat to Oil Industry Is....
Millennials and "the acceptance of the politically-correct-driven environmental anti-oil and gas science," says Texas official. https://thinkprogress.org/texas-millennials-oil-gas-wayne-christian-8e1377df903b/- Rodent Replied
- 2 replies
- 1,875 views
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Glut Virtually Eliminated, says OPEC/NOPEC panel
"The meeting of the Joint Technical Committee (JTC) earlier on Thursday found that oil inventories in developed nations in March stood at 12 million...- Rodent Replied
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- 1,305 views
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The balanced market delusion
It seems funny that so much attention is given to the so called "oil glut" that tanked prices. Then the reduction of said glut...- Mufasa Replied
- 2 replies
- 3,532 views
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Waste-Made Polymer Soaks Up Oil Spills
The "sponge" is made from used cooking oil sodium chloride and sulfur, and it can soak up crude and diesel. I like this sort...- Marina Schwarz Replied
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will oil hold?
what do ya think people will oil continue higher ? or are we in for a pull back. I mean this all depends on...- patman57 Replied
- 4 replies
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Trans Mountain Gets More Support Than You Might Think
Despite the headlines that might lead one to believe that opposition is increasing for Trans Mountain, a new poll out suggests that the opposite...- Rodent Replied
- 4 replies
- 2,489 views
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Saskatchewan, Quebec Join Alberta/B.C. Spat
Soooo, two more provinces have joined in the shin-kicking between Alberta and B.C. Saskatchewan is on Alberta's side, planning its own oil export-cutting legislation...- Marina Schwarz Replied
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- 2,058 views
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Shell Afraid of Commitment?
Shell Advises Shareholders To Reject Binding Climate Resolution Proposed by Follow This “We share the objective of Follow This for Shell to show leadership in...- Rodent Replied
- 1 reply
- 5,655 views
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Thousands of Oil Workers Fleeing Venezuela's State-Run Company?
Reuters reports today that workers are fleeing PDVSA in the thousands, running from Major General Manuel Quevedo, the new oil czar. https://www.reuters.com/article/us-venezuela-oil-workers-insight/under-military-rule-venezuela-oil-workers-quit-in-a-stampede-idUSKBN1HO0H9- TraderTate Replied
- 3 replies
- 2,053 views
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- 3 replies
- 2,277 views
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Fear & Uncertainty: Oil bolstered As Investors Factor In Supply Risks
Oil rose boosted by investors’ growing concern over the potential for disruptions to crude supply, especially in the Middle East.Brent crude oil futures LCOc1...- Pavel Replied
- 11 replies
- 4,242 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
- 2,743 views
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EIA: US Shale Output To Rise By 125,000 bbl/d In May
U.S. shale oil production is expected to increase in May for the fourth consecutive month, U.S. Energy Information Administration (EIA) data showed today (April...- CMOP Replied
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- 1,978 views
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Is Valero Really Standing on an 'Ocean of Oil"?
Opinion piece on Forbes is plugging Valero, as such: VLO owns 15 petroleum refineries across the globe in the U.S., Canada, and the U.K, that...- TraderTate Replied
- 1 reply
- 2,135 views
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BP's new low-carbon plans leave environmentalists cold
BP new report "Advancing The Energy Transition" calls for lowered greenhouse gas emissions through 2025 from operations. Did BP go as far as anyone...- Rodent Replied
- 3 replies
- 1,987 views
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Aramco Needs Oil at $120 for $2 Trillion Valuation
So said the FT after making some calculations. That's harsher than what Bloomberg's Liam Denning estimated but not as harsh as what this guy...- Marina Schwarz Replied
- 3 replies
- 2,012 views
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Venezuela gives Oil Minister 'Extra Powers' to halt production decline
Maduro has reportedly given his oil minister, Manuel Quevedo, 'extra powers' to deal with the steep oil production decline. Keeping in mind that the...- Carlsbad Replied
- 11 replies
- 5,100 views
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Increase oil prices are just because of geopolitical situation or any Conspiracy behind it?
Visit of Crown prince of saudi arabia to washington DC, then he said his ambition that "We believe oil prices will get higher in...- Harsh vardhan singh Replied
- 3 replies
- 1,815 views
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British Columbia At It Again
I guess they just weren't satisfied enough by trying to thwart pipeline projects--now they're taking aim at oil by rail too. What's next? https://beta.theglobeandmail.com/canada/article-bc-will-ask-court-for-authority-to-limit-oil-by-rail/- Rodent Replied
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Total World Oil Supply Up 180,000bpd in March
OPEC said Thursday its crude oil output fell last month amid compliance with the oil cartel’s agreement to cut production, even as the world’s...- Royalblood Replied
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Net Income At Saudi Aramco Tops $33 bn in the first half of 2017!
Saudi Aramco, the world’s largest oil producer, made $33.8bn in net income in the first six months of 2017, according to a media report...- saudi arabia
- aramco
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- damirUSBiH Replied
- 23 replies
- 11,086 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
- 4,765 views
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Oil Companies Vs. Hackers
In that battle, my money is on the hackers. Let's look at a side-by-side, shall we? Hackers are young, oil companies are run by old people. Hackers...- Rodent Replied
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- 1,506 views
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$44 Billion Refinery Facing Environmental Opposition
That $44 Billion refinery that Saudi Arabia and India signed yesterday is now being opposed, citing environmental concerns such as destruction of mango and...- Rodent Replied
- 1 reply
- 1,642 views
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Exxon Mobil boosted CEO pay to $17.5 million for 2017
Exxon Mobil Corp Chairman and Chief Executive Darren Woods’s compensation package rose about 4 percent last year to $17.5 million, his first year running the...- exxon mobil
- exxon
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- CMOP Replied
- 0 replies
- 1,316 views