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Russia Needs to Borrow 1 Trillion Roubles More to Cover Revenue Shortfall
Turns out Putin is swimming naked, despite the proud bluster. Not often that Russia exposes itself so clearly. Ignore the obfuscating headline below, and instead...- Tom Kirkman Replied
- 39 replies
- 12,097 views
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Why did oil go negative?
Hi everyone, I was wondering why oil markets went negative. I found this podcast, can you please provide opinions on what they're saying? https://www.buzzsprout.com/1039846/3520228- Mitchell123 Replied
- 0 replies
- 1,679 views
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Oil Boom
Who can roughly estimate the time frame on when the oil industry booms again in the US? I been watching the oil prices fluctuate...- Adampilot93 Replied
- 3 replies
- 2,577 views
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Which shale oil company survives after the price crush?
This is my simple question. Now some shale oil companies are already facing probability of bankruptcy.Which company survives even after the crisis? How about Continental...- Osamu Replied
- 0 replies
- 907 views
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Gasoline prices haven't dropped much
In my small town, gasoline is $1.63. In the nearby big city, I would guess I could find it for $1.55. This doesn't seem...- BillKidd Replied
- 15 replies
- 4,752 views
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This is a Shale Problem
The current situation we are going through is without doubt a localised issue, sure we have seen the price of crude for both benchmarks...- James Regan Replied
- 0 replies
- 1,711 views
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Beijing harasses Petronas and Shell off Malaysia
China causing trouble again. What a shock, I know. The Covid-19 panic-o-rama is providing a perfect cover for all sorts of political shenanigans. "Never let...- Tom Kirkman Replied
- 2 replies
- 1,531 views
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Oil companies and
Did this group for Spread the general knowledge as we bigger we are better! I, for example, bought APA when it was 4.3 and NBL...- יאן דיגילוב Replied
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- 1,403 views
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Saudis Begin Curbing Oil Output Ahead of OPEC+ Start Date
Saudis Begin Curbing Oil Output Ahead of OPEC+ Start Date Bloomberg) -- Saudi Aramco began reducing oil production earlier this week ahead of the May...- ceo_energemsier Replied
- 0 replies
- 1,182 views
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Bank of China Clients Said to Have $1 Billion Losses on WTI Futures Bet
Something's spoopy here. Anyone care to comment further on this? Bank of China Clients Said to Have $1 Billion Losses on Oil Bet (Bloomberg) -- Bank...- Tom Kirkman Replied
- 0 replies
- 1,093 views
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Video shows dozens of oil tankers off L.A. coast with nowhere to go
Oil, oil everywhere, but not a job to spare. Currently there is a temporary halt to all immigration into the U.S. Perhaps a temporary halt to overseas...- Tom Kirkman Replied
- 27 replies
- 12,488 views
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2,500 oil and gas workers in Texas lose their jobs in 10-day span
And it's going to get worse, before it gets better. And ... when global economies eventually recover, when the global oil glut eventually dissipates, and...- Tom Kirkman Replied
- 29 replies
- 13,081 views
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The 20 Minutes That Broke the U.S. Oil Market
Presented without my usual long-winded comments. The 20 Minutes That Broke the U.S. Oil Market (Bloomberg) It was evident from the very beginning on April 20...- Tom Kirkman Replied
- 1 reply
- 1,566 views
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Will You Watch This Free Documentary About The CCP
https://www.theepochtimes.com/the-ccp-method_3319578.html Will you watch this free documentary about the Chinese Communist Party?- ronwagn Replied
- 3 replies
- 3,485 views
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U.S. Oil And Gas Industry Enduring Devastating Job Losses On Supply Glut, Low Crude Prices
Looks like huge hits in the US oilpatch already; job losses in March are now over 51,000. https://www.ibtimes.com/us-oil-gas-industry-enduring-devastating-job-losses-supply-glut-low-crude-prices-2963933 And the hits just keep coming.- Jan van Eck Replied
- 4 replies
- 1,594 views
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Are EV manufacturers scared
If oil were to remain low priced long-term, is this a major worry for EV companies? What if it stays at $30? $40? Will...- BillKidd Replied
- 1 reply
- 24,972 views
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crude storage capacity
The EIA recently began providing weekly storage capacity reports: https://www.eia.gov/petroleum/supply/weekly/wcrudeoilstorage.xlsx According to this report the US is only at 60% of capacity not including SPR. Adding...- Jay McKinsey Replied
- 8 replies
- 6,284 views
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What U.S. states are doing for their oil industries: Reuters Factbox
For info. Details in the link. Unlike the OPEC cartel, the U.S. federal government will not mandate country-wide production cuts. Factbox: What U.S. states are...- Tom Kirkman Replied
- 0 replies
- 827 views
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Shales Death Blow?
We have been discussing this on OP for the past two years, and a common phrase was the the LTO sector was "an unhealthy...- James Regan Replied
- 68 replies
- 22,497 views
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The Next Big Thing
Interesting article, being a deepwater advocate I am bias this has been fairly obvious, we should have mixed the two up but we put...- James Regan Replied
- 3 replies
- 4,647 views
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Saudi Aramco Considers $10 Billion Pipeline Stake Sale
Fire Sale, coming soon to autocratic oil regimes. Gotta pay those 15,000 or so super important and hugely productive princes to keep them from revolting. Hey MbS,...- Tom Kirkman Replied
- 0 replies
- 1,049 views
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iran oil sanctions
Iran oil used for political motives
I hope that with the boycott of Iranian oil, it will be able to prevent its access to the nuclear bomb.- Hossein Alaei Replied
- 0 replies
- 2,825 views
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When the world's storage for oil will be full
I'm looking for information as till when the world's oil storage will be full, every country has different capacity but roughly would given an...- Sam Turnbull Replied
- 0 replies
- 1,203 views
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russia oil production
Russian oil strategy - very good report made by OIES
Quote Russia and Saudi Arabia have approved a production cut of 2.5 mb/d each from an agreed level of 11mb/d. However, there is some uncertainty...- Tomasz Replied
- 8 replies
- 4,826 views
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Headline: ... Largest Ever Drop In Fracking Activity
The article headline reads, U.S. Shale Braces For Largest Ever Drop In Fracking Activity. And yet Halliburton stock is up 17% over five days, up...- Bob_W Replied
- 15 replies
- 4,279 views
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Why Trump Is Right to Re-Open the Economy
Sims – Get America Moving Again: Why Trump Is Right to Re-Open the Economy 2,712- ronwagn Replied
- 539 replies
- 184,996 views
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Texas RailRoad Commission three member board to vote on 20% production cut May 5th
TRRC head Ryan Sitton wanted to take a vote today . The other two commissioners want to wait till May 5th. So May 5th...- BLA Replied
- 8 replies
- 3,734 views
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Good OP Article on Work at Home vs Long Term demand
The OilPrice author, MICHAEL KERN, can only speculate because we're in the beginning phase of the COVID economy, as Angela Merkel explained in Germany today,...- BradleyPNW Replied
- 3 replies
- 1,393 views
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Norway’s Equinor Slashes Dividends: Will Other Big Oil Companies Do Likewise?
Is this a trick question? No really, is this a trick question? News these days just keeps getting weirder. What Is a Dividend? A dividend is the distribution...- Tom Kirkman Replied
- 0 replies
- 1,232 views
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Saudi imports/refining
I don't believe that the Saudis should be allowed to import and refine their on oil in the United States while attempting to bankrupt...- T. Adams Replied
- 5 replies
- 2,951 views