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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
- 29,104 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
- 4,910 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
- 4,734 views
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- kafave Replied
- 2 replies
- 2,142 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
- 1,547 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
- 1,664 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
- 1,918 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
- 1,385 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
- 1,682 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
- 2,497 views
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Shell and Total Results Buoyed By Higher Oil Prices. Results From Exxon And Chevron Are Expected On Friday
Shell and Total reported strong increases in first-quarter earnings as higher oil prices and rising production accelerated recovery at Europe’s two largest energy groups. Shell’s...- franco Replied
- 10 replies
- 6,509 views
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ConocoPhillips wins $2 billion ruling against Venezuela
ConocoPhillips won a $2 billion arbitration against Venezuela’s state-controlled oil company over the 2007 expropriation of two oil projects, among the biggest so far...- Adam Varga Replied
- 2 replies
- 1,980 views
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Citi Says U.S. to Become Top Oil Exporter in 2019
"American exports of crude oil and petroleum products rose to a record 8.3 million barrels a day last week, according to U.S. government data on Wednesday....- Marina Schwarz Replied
- 0 replies
- 1,637 views
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PDVSA Bondholders Rally Troops
Investors holding part of a $2.5-billion bond issued by PDVSA are meeting in front of a interest payment that is due this Friday. They...- Rodent Replied
- 0 replies
- 2,549 views
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Norway's Statoil attributes production gains to the United States
Norwegian energy major Statoil said its average equity production for the first quarter was up 6 percent year-on-year, driven mostly by its U.S. work. The...- CMOP Replied
- 0 replies
- 1,616 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
- 7,575 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
- 4,056 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
- 6,796 views
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China's Yuan Oil Contracts: No Liquidity, but It Will be Built
It's definitely time to start seriously considering the impact of Chinese Yuan-denominated oil contracts. There's no real liquidity yet, but the Chinese are certainly...- Seleskya Replied
- 4 replies
- 3,050 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
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- Marina Schwarz Replied
- 9 replies
- 4,401 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
- 2,035 views
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Oil Producers In, Facebook Out, Says Gundlach
Gundlach recommended today betting on ETFs that track oil and gas explorers and producers, and betting against Facebook. The worst is not over for Facebook,...- Rodent Replied
- 2 replies
- 1,688 views
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Iran won't give South Pars oil development to Total?
Anyone know anything about this? Iranian news agency says they're not giving French Total the South Pars oil development now ... but the explanation...- Blockchainbull Replied
- 1 reply
- 1,827 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
- 13,799 views
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19 Oil Tankers Held Hostage Off Yemeni Coast
The Yemeni Houthis have captured 19 oil tankers and are keeping them from entering the Hodeidah port - Kingdom’s ambassador. The ambassador suggested three possible reasons...- oil tankers
- hostage
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- CMOP Replied
- 0 replies
- 1,504 views
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Kuwait Eyes Oil Capacity Boost
Just a week after its energy minister said the cut agreement can be extended yet again, now the Kuwaiti petroleum company is saying they...- Marina Schwarz Replied
- 0 replies
- 1,507 views
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Albertan Crude Travels to US by Truck
First rail cars, now trucks. Next I expect Albertan oil getting to the U.S. in plastic bottles, transported by mules across the border.- Marina Schwarz Replied
- 0 replies
- 2,026 views
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libya's oil disruption to send oil prices up?
another attack at es sider. https://www.platts.com/latest-news/oil/dubai/libya-oil-output-drops-by-70000-100000-bd-after-26946523 https://www.reuters.com/article/libya-oil/libyan-oil-pipeline-attacked-by-terrorist-group-idUSL8N1RY0LQ?rpc=401&- Rodent Replied
- 4 replies
- 2,508 views
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Venezuela's death spiral just became literal for some
higher oil prices can't do enough when your oil production isn't half of what it used to be. I wonder if $100 oil would...- Rodent Replied
- 0 replies
- 1,807 views
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Trump takes first step in aggressive effort to drill for oil in Arctic
The Trump administration has taken the first step towards an aggressive effort to drill for oil in the Arctic National Wildlife Refuge - one of the country’s most pristine and...- CMOP Replied
- 0 replies
- 1,887 views