1. There is an unprecedented drop in oil demand in the United States by over 3 million bbls and production was in the 10 million...


  2. Oil industry is cutting production around the world now.  They have to , the storage is filling up. Which company has more storage around the...


  3. 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...
      


  4. Kind Attention:All Oil Majors/OPEC Authorities  We could see in history that such slow down and fall of fossil fuels demand & prices.We are very much...
      


  5. https://dailycaller.com/2020/04/02/tucker-carlson-shutdown-strategy-coronavirus/   Tucker Questions Severity Of Shutdown Strategy: What If ‘We’d Adopted A More Conventional Response To This Epidemic?’
      


  6. https://www.theepochtimes.com/real-death-toll-in-wuhan-might-be-12-times-official-figure-ashes-urns-tell-us_3289749.html   Real Virus Death Toll in Wuhan Could Be 12 Times Official Figure BY NICOLE HAO   March 29, 2020 Updated: March 30, 2020
      


  7. Story: recently I've been watching a small Canadian shale company that's had questionable earnings. They had questionable earnings because wells under produced due to...


  8. Let me suggest you reading a long interesting article from biggest russian bussiness newspapaper Kommersant about US Saudi relations The article below discusses the current...


  9. I'm *not* Oil Price staff. I *don't* get paid to be a moderator here. It's just that I happen to like commenting about oil & gas. ...


  10. It wasn't Fauci's idea.  His partisan Hillary worship comes out in the end.  He sent Hillary a personal email after her loss stating "we...


  11. Today Trump moves ahead with a promising therapeutic that could control the virus by summer. When Trump first asked about the availability of HCQ +...
      


  12. In addition to U.S. participation Russia wants the sanctions dropped.  Hopefully Trump doesn't fall for this ploy.  First let's talk some rough estimates.  Today Russia,...
      


  13. I can confirm there are talks amongst the G20 Energy Ministers. From the sounds of it I'm guessing it may contain some type of price...


  14. The OPEC+ Cut helps but hardly makes up for demand loss. It's not a supply problem at this time.  It's the DEMAND. Said the OPEC+ cuts...


  15. China to Start Buying Oil for State Reserves After Crash   https://www.bloomberg.com/news/articles/2020-04-02/china-to-start-buying-oil-for-state-reserves-after-price-crash?fbclid=IwAR04YmL-SfBiYLNbeuqdJcojsNrqDiYM_aPjZagJxuxjpZnP6Jj6ds2Ndj4
      


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  17. A bit too late.  U.S. Oil & Gas sector is already getting decimated. The silver lining to this mess might be if U.S. kept more of...


  18. The idea that electric cars are lowering demand is ridiculous.  Electric cars haven’t made a dent, just a small scratch in oil demand. Electric...


  19. Unexpected news.  Posting article in full, because the Sputnik website seems to be having difficulties. Russia's Rosneft Oil Company Announces Termination of Its Activity in...

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  21. Key bit of the article bolded below. Oil Extends Gains As OPEC Leaders Call Emergency Meeting To Discuss Trump Production Cuts Global oil prices extended gains...


  22. Tough with $22 brent Their pipeline  is vulnerable to attack  for 100's of miles.  Why would someone want to invest in such a risky asset,...


  23. India just declared Force Majeure with Saudi Arabia oil.  Don't need anymore oil.  Don't want anymore. Saudi exports to U.S. last week dropped in half.  Supposedly...


  24. https://seekingalpha.com/article/4333579-contrary-to-assertions-saudi-arabia-cant-endure-30_00-oil-for-long Contrary To Assertions, Saudi Arabia Can't Endure $30.00 Oil For Long
      


  25. More PR than substance. The producers have to make major cuts to exports not production.   There is so much oil in storage and the demand destruction...


  26. Quote Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia, & I expect & hope that...


  27. We are witnesses to the end of the petroleum age. After more than 125 years, oil is now beginning to radically descend into the...
      


  28. >>The falling of the Persian Gulf oil empires is near << Oil is a blessing for the Gulf states . Oil exploration in the middle of...


  29. MbS is determined to shoot himself and Saudi Arabia and OPEC in the foot.  I'm fine with that. As Saudi Arabia Boosts Oil Output, Some...


  30. So, the fed says it's doing a $2t direct stimulus and also a $4t fund for loans to "whomever." I hope somebody is up...