Oilprice Community to Shutdown

  1. BB


    Going to be tough times for the industry.  We know this.  What about after the virus is a memory ?  What will U.S. shale industry ...

    • BLA Replied
    • 0 replies
    • 1,160 views
  2. Zhong Lu


    Yeah.  

    • Zhong Lu Replied
    • 40 replies
    • 13,638 views
  3. BB


    This is beyond whatever Saudis or Russia are doing.  It's about the virus demand destruction.  Some will try to reorganize, try to sell, etc. Bottom line...

    • BLA Replied
    • 3 replies
    • 1,705 views
  4. BB


    It's widely known that the current Saudi Energy minister ABS (MBSs brother) has a very short temper and can be an antagonist.  This is...

    • BLA Replied
    • 52 replies
    • 26,617 views
  5. shaleprofile


    This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive...
      

  6. ON


    Shale and Small Canadian O&G players will toss in the keys to bond holders and banks quite soon.    Bond holders and banks will...

    • NessyOil Replied
    • 7 replies
    • 4,323 views
  7. DL


    Is the US Oil Industry necessary to the survival of the US economy and US sovereignty? Was the banking industry key to the US...
      

    • Redrock Replied
    • 188 replies
    • 100,959 views
  8. BB


    The virus created the demand destruction.  Saudis just added to the chaos.  MBS taking a "scorched earth" strategy.   You can be assured the Royal Family has...

    • BLA Replied
    • 0 replies
    • 1,435 views
  9. BB


    It has been known that China's banking system had extraordinary level of outstanding credit/debt.   The standard retort was thay they had large cash reserves China...

    • BLA Replied
    • 5 replies
    • 2,204 views
  10. BB


    Look for World government's to apply huge economic packages to support economies . U.S. will focus on targeted Fiscal support as opposed to monetary support. ...

    • BLA Replied
    • 0 replies
    • 1,141 views
  11. Tom Kirkman


    Magical "Green" unicorn farts can't compete against $30 or $20 oil. Expect oil & gas & LNG to regain market share globally, as low prices...

  12. Zhong Lu


    15, 20, 25, 28? Vote.   This isn't a penny stock.  It can't go to zero.  (Or can it?)  At this point I'm seriously thinking of becoming a...

    • Zhong Lu Replied
    • 15 replies
    • 3,097 views
  13. Zhong Lu


    Hence the continued selling.  Ugh.  But buyers appearing to step up at 30.   If you got caught selling the wrong options, you're just dead.  Most...

    • Zhong Lu Replied
    • 14 replies
    • 12,322 views
  14. BB


    There are millions of barrels floating offshore China in Asia without a home. Saudis had no option. Do you think Saudis clients were going to...

    • BLA Replied
    • 44 replies
    • 13,489 views
  15. MP


    From time to time someone complains about the input costs for things like offshore wind turbines, square-mile-sized solar farms, etc. GE's 12Mw turbine has...
      

  16. Zhong Lu


    https://www.globaltimes.cn/content/1181121.shtml https://web.archive.org/web/20200304173405/https://www.globaltimes.cn/content/1181121.shtml Autopsies show severe damage to COVID-19 patients' lungs and immune system, according to a doctor in Wuhan reached by the Global Times, who called...

    • Zhong Lu Replied
    • 0 replies
    • 2,093 views
  17. Hotone


    How low will the price of oil drop? State oil giant Aramco will boost its crude output after the current OPEC+ cut deal expires at the...
      

    • Hotone Replied
    • 34 replies
    • 15,309 views
  18. BB


    The thought is Putin is pissed at the U.S. for (1) U.S. not cutting production (2) Sanctioned companies thwarting the Russian completion of Nordstream2...
      

    • BLA Replied
    • 24 replies
    • 11,814 views
  19. Adrian Hernandez


    https://www.bloomberg.com/news/articles/2020-03-07/saudi-aramco-slashes-crude-prices-kicking-off-price-war Oil could be headed a lot lower in the short term.
      

  20. MK


    Hoping warm weather brings relief. BUT NOBODY HONESTLY KNOWS. DONALD TRUMP MUST END VIRUS DATA SECRECY, AUTHORITIES CANNOT ANY LONGER EVADE QUESTION: HOW MANY...
      

    • Marcin2 Replied
    • 5 replies
    • 3,791 views
  21. Zhong Lu


    The problem with the markets right now is people are afraid of how other people will react to the corona virus.  They're afraid others...

    • Zhong Lu Replied
    • 10 replies
    • 3,096 views
  22. BB


    I think Putin understood that even a 1.5 million bbl cut would do nothing more than temporarily support oil price.  Russia probably tried to...

    • BLA Replied
    • 192 replies
    • 99,469 views
  23. DG


    Give that West Texas has defeated everybody else who has tried to squeeze some profit out of Midland Texas shale, I wonder how well...
      

    • dgowin Replied
    • 1 reply
    • 1,359 views
  24. BB


    CEO Michael Wirth's answer today was  "Chevron owns about 10% of the Permian acreage and just upped their own recoverable reserves to 21Billion bbls.  Said...

    • BLA Replied
    • 0 replies
    • 1,095 views
  25. James Regan


    $30Bbl looming for WTI, quite rightly so Russia pressuring for a US cut in production. Why should OPEC and others take the load while...
      

  26. Tom Kirkman


    Satellite imaging won't help in tracking the amount of floating storage for the current glut of oil & gas.  This will likely be a big...

  27. BB


    "The more aggressive type of virus was found to be prevalent in the early stages of the outbreak in Wuhan — the Chinese city...

    • BLA Replied
    • 5 replies
    • 7,401 views
  28. shaleprofile


    This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive...
      

  29. BB


    OPEC playing same old games (1) will say recommend 600k or 1 million cut and then SURPRISE ! It's  1.2 mm bbls cut.  OMG...

    • BLA Replied
    • 6 replies
    • 2,562 views
  30. James Regan


    Oil Jumps - Rebound?? Markets Jump - Rebound?? Are these just “tools” being used OR is this just a bandaid on the inevitable??? Hmmmmm......