An Important Message For Oilprice Members

  1. AW


    Venezuela just sacked US-sanctioned CFO of PDVSA, Simon Zerpa. Any significance to this move? Does it even matter?

    • Addy Replied
    • 1 reply
    • 3,168 views
  2. Rodent


    Univsion is reporting a mass exodus of employees from state-run PDVSA, as rising inflation has basically made their public worker salary almost owrthless. PDVSA...

    • Rodent Replied
    • 0 replies
    • 2,125 views
  3. Marina Schwarz


    So, Russian banks are apparently "eager" to take a piece of Aramco, in partnership with Chinese investors. I wonder if it's too late for...
      

  4. Marina Schwarz


    Nigerian fuel hawkers are turning in a good profit even without fuel shortages in the country. As they apparently get their goods from pipeline...
      

  5. Rodent


    China is still digging its heels in, and not allowing Tesla to 100% own a factory there. China, as in all manufacturing businesses there,...

    • Rodent Replied
    • 5 replies
    • 2,735 views
  6. AW


    I read this article https://oilprice.com/Latest-Energy-News/World-News/White-House-Proposes-Sale-Of-Federal-Power-Assets.html that talks about the government piecing out fed power assets. How would that even work? I'm not sure I get it.

    • Addy Replied
    • 0 replies
    • 1,612 views
  7. Rodent


    IEA OMR today says oil production growth, led by US production, will outweigh oil demand growth. Not good for oil prices. Not good for...

    • Rodent Replied
    • 0 replies
    • 1,646 views
  8. CB


    We all know that big oil and the militancy in the Niger Delta have destroyed this place for local communities, but I hadn't heard...
      

    • Carlsbad Replied
    • 2 replies
    • 2,688 views
  9. TS


    I hadn't realized until the European Free Trade Association (EFTA) started investigation just recently, that Norway lets companies deduct 78% of their exploration costs...
      

  10. Rodent


    Colombia again shutting in an oilfield for safety reasons as threats against it are made. Things are not looking so good for marriages between...

    • Rodent Replied
    • 2 replies
    • 1,826 views
  11. Marina Schwarz


    Big Oil majors are fighting for investors' favors, apparently, now that they have more cash to dangle in front of their eyes. SO, who's...
      

  12. Rodent


    March 26th is the date, supposedly, for China's oil futures contract. Talk about a market disruptor. This has been talked about seemingly forever. If...
      

    • Rodent Replied
    • 1 reply
    • 1,615 views
  13. PP


    Iraq, OPEC's 2nd largest oil producer, wants to build new refineries as its oil processing capacity was severely curtailed by damage to its largest...
      

    • Petar Replied
    • 4 replies
    • 2,960 views
  14. Rodent


    EPA penalties were significantly less this last fiscal year, partially under Trump administration. To be fair, part of it was under Obama and part...

    • Rodent Replied
    • 4 replies
    • 2,779 views
  15. TS


    Battling for Asian market share with OPEC and US, Russia is diverting higher-quality crude cargoes from Europe to China. Something's got to give. Europe's...
      

  16. Rodent


    After a seven-month stoppage, Venezuela once again buying crude (and when I say "buying", I mean swapping goods for) for its Isla refinery. It's...

    • Rodent Replied
    • 1 reply
    • 3,329 views
  17. Rodent


    Budget deal congress reached yesterday calls for the sale of 100 million barrels of SPR between 2022 and 2027. Hope the prices are high...

    • Rodent Replied
    • 4 replies
    • 2,081 views
  18. Marina Schwarz


    India is planning to raise its LNG import capacity from 20 million tonnes to 70 million tonnes and is boosting oil refining capacity by...
      

  19. Marina Schwarz


    Greenpeace is challenging a Norway court's decision to leave Arctic oil licenses in place. last year it went to protest against Arctic drilling on...
      

  20. Rodent


    Britain's most important oil route, Forties pipeline, down again, after being down for weeks starting in December. This does not bode well for the...

    • Rodent Replied
    • 0 replies
    • 5,817 views
  21. Rodent


    I mean, more grim that it already has. Moody's says high oil prices cannot offset the drop in production, and inflation of 4,000% expected...

    • Rodent Replied
    • 0 replies
    • 1,301 views
  22. Rodent


    India’s Oil and Natural Gas Corp. planning to sell off uts largest state-run refinery, and largest state-run utility to unburden itself from $5billion worth of...

    • Rodent Replied
    • 0 replies
    • 1,970 views
  23. Rodent


    WCS not looking pretty these days.   check out the comparison with WTI  

    • Rodent Replied
    • 0 replies
    • 2,678 views
  24. Marina Schwarz


    “If we want to make a decision, it has be at the right time, which is June -- when we’ll next meet,” Zanganeh said....
      

  25. Rodent


    Climate change will place disproportionate burden on women in the future, as women will shoulder the brunt of foraging for food and firewood, according...

    • Rodent Replied
    • 2 replies
    • 1,814 views
  26. Rodent


    We've talked about oil types somewhat--this is a great article about the different types of oil for anyone interested.   https://oilprice.com/Energy/Crude-Oil/A-Detailed-Guide-On-The-Many-Different-Types-Of-Crude-Oil.html  

    • Rodent Replied
    • 4 replies
    • 3,531 views
  27. Rodent


    I thought Venezuelan production was already stymied?  am I missing something? https://www.reuters.com/article/us-venezuela-politics-usa/maduro-says-u-s-sanctions-will-not-stymie-venezuela-oil-industry-idUSKBN1FP2UR

    • Rodent Replied
    • 3 replies
    • 1,729 views
  28. Rodent


    Venezuela reportedly hit with blackouts this afternoon, my Twitter feed suggests. Hard to mine those cryptocurrencies that way, I think.

    • Rodent Replied
    • 1 reply
    • 2,647 views
  29. Rodent


    API expected to report another draw in crude oil inventories today, as US production moves back up to 9.750 million bpd. 

    • Rodent Replied
    • 6 replies
    • 1,978 views
  30. Rodent


      Cushing inventory down to  37 million barrels. Lowest it's been since 2015 as I understand it. https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPC0_SAX_YCUOK_MBBL&f=W (exclusing SPR)  

    • Rodent Replied
    • 5 replies
    • 2,685 views