An Important Message For Oilprice Members

  1. James Regan


    Does anyone here use EToro it’s a madhouse at the moment, now I know why DT had shares in RedBull 😂😂😂
      

  2. c


    It looks like the tug of price war between the U.S., Russia and Saudi Arabia as the three biggest producers of crude oil worldwide...

  3. MK


    Reading about the restructuring effects by Chesapeake is not a surprise at all. That’s the next step companies would take after cutting down their...

  4. BB


    Two Questions: #1 How long will it take to fill the spare storage capacity ? #2 When capacity fills and serious competition starts how much lower...

    • BLA Replied
    • 0 replies
    • 967 views
  5. Tom Kirkman


    Just before Chinese New Year on the 25th, it looks like the Coronavirus emanating from China is going to cause multi-form, intertwined havoc, globally.  Health, markets, energy...

  6. 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
    • 91,525 views
  7. SF


    In response to the corona virus, the feds have cut interest rates from 1.75% to 0.25%: https://www.axios.com/fed-cuts-interest-rates-zero-coronavirus-6bc5c3f0-16a4-4c18-8496-0493990a930a.html I can speak in detail about many technologies, but...
      

  8. 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
    • 22,234 views
  9. 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
    • 3,876 views
  10. ES


    Gonna be a fight between Icahn and Buffett Icahn was exiting his position but in the last week is fully back in Occidental. https://www.cnbc.com/2020/03/13/reuters-america-update-2-occidental-tries-to-head-off-investor-icahn-as-he-amasses-shares.html?&qsearchterm=icahn I read...
      

    • ErikS Replied
    • 1 reply
    • 2,738 views
  11. wp


    8,000,000,000 barrels of oil discovered in Guyana...    What are the  consequences of a fraudulent election? 
      

    • WalterP Replied
    • 1 reply
    • 1,061 views
  12. BB


    Saudi "Scorched Earth" strategy violates WTO law and U.S. antitrust law. Can't threaten Producers.  Oil Producers call your Congressional contacts.  Tell the Justice department to get...
      

    • BLA Replied
    • 3 replies
    • 2,881 views
  13. Tom Kirkman


    Putin is likely laughing his butt off at this news.  MbS may need to rethink his grand plan of an Aramco $75 billion cash...

  14. Ward Smith


    Flattening the curve saves lives. Not so much because less total population will catch the disease, they won't. The difference is how fast the disease...
      

  15. WS


    With KSA closing parks, restaurants, malls and coffee shops how long until they start shutting down production facilities?  How can they load ships, process...

    • wrs Replied
    • 1 reply
    • 1,595 views
  16. Tomasz


    “The era of cheap & abundant energy is long gone… Money supply & debt have grown faster than real economy. Debt saturation & paralysis...

    • Tomasz Replied
    • 161 replies
    • 30,588 views
  17. BB


    China teapots report very large discounts on Russia's Urals crude oil.  It's also delivered via much less expensive Eastern Siberian Asia Pacific pipeline compared...

    • BLA Replied
    • 1 reply
    • 1,188 views
  18. BB


    He is one of the best https://www.bloomberg.com/news/videos/2020-03-12/citi-oil-veteran-says-20s-likely-on-unique-demand-supply-shock-video

    • BLA Replied
    • 0 replies
    • 1,309 views
  19. 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
    • 947 views
  20. 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...
      

  21. 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
    • 1,382 views
  22. 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...
      

  23. 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
    • 11,920 views
  24. 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
    • 13,651 views
  25. 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...

  26. 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
    • 2,564 views
  27. 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
    • 1,904 views
  28. 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
    • 1,208 views
  29. 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
    • 9,542 views
  30. 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
    • 926 views