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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
- 3,284 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
- 2,346 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
- 4,822 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
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- Kate Turlington Replied
- 39 replies
- 18,478 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
- 2,090 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
- 2,583 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
- 3,504 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
- 2,123 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
- 3,077 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
- 12,542 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
- 4,503 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
- 3,327 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
- 2,956 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
- 6,503 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
- 2,497 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
- 1,753 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
- 1,693 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
- 1,954 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
- 1,665 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
- 1,389 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
- 3,192 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
- 1,401 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
- 33,131 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
- 6,896 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
- 1,794 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
- 2,190 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
- 1,842 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
- 2,067 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
- 1,552 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
- 6,546 views