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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
- 2,318 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
- 2,843 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
- 6,317 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
- 1,782 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
- 1,551 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
- 1,607 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
- 6,501 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
- 1,561 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
- 2,618 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
- 1,309 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
- 3,093 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
- 0 replies
- 1,268 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
- 4,655 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
- 1,838 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
- 1,670 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
- 2,013 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
- 1,692 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
- 1,877 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
- 1,420 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
- 7,316 views
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- kafave Replied
- 2 replies
- 1,983 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
- 4,594 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
- 1,754 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
- 4,566 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
- 1,433 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
- 1,530 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
- 1,516 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
- 1,324 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
- 2,358 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
- 3,893 views