An Important Message For Oilprice Members

  1. 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
    • 12,648 views
  2. 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
    • 14,334 views
  3. 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...

  4. 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
    • 2,838 views
  5. 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
    • 2,079 views
  6. 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
    • 1,348 views
  7. 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
    • 11,922 views
  8. 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
    • 1,041 views
  9. 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
    • 11,412 views
  10. 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
    • 2,019 views
  11. 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
    • 2,820 views
  12. 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.
      

  13. 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
    • 3,556 views
  14. James Regan


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

  15. cv


    Stimulating Future Positive results are emerging from fracturing field laboratories.     John Duda and Cassie Shaner, NETL Mon, 01/06/2020 - 11:00 AM     Hydraulic fracturing has come a long way as a...
      

  16. 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
    • 1,238 views
  17. 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
    • 1,030 views
  18. 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
    • 7,246 views
  19. 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...

  20. 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...
      

  21. James Regan


    Much of the cheap oil has been produced, and the oil industry is increasingly relying on costly reserves. While the world is awash in...
      

  22. 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
    • 2,391 views
  23. James Regan


    It seems we have now entered into the perfect storm scenario.   An over zealous segment of the oil industry hyped up by the government and...
      

  24. Tom Kirkman


    The Oil & Gas Industry responds to Democrat presidential candidate attacks with a full-page ad in New York Times. Oil and gas producers fire back...

  25. ronwagn


    https://www.cnbc.com/2020/01/31/opec-russia-could-discuss-emergency-cuts-as-coronavirus-crushes-oil.html   OPEC, Russia could meet to discuss emergency cuts as coronavirus crushes oil price Buyers win, producers lose.  PUBLISHED FRI, JAN 31 20204:49 PM EST
      

    • ronwagn Replied
    • 77 replies
    • 43,288 views
  26. BB


    OPEC+ deal will halt price decline temporarily as shorts will cover and take a nice profit. Decline resumes after short-lived reprieve post OPEC meeting. OPEC...

    • BLA Replied
    • 0 replies
    • 793 views
  27. Tom Kirkman


    Yep, dead on accurate assessment.  Obama pretty much did everything in his power to impede the oil & gas industry in the U.S. while...

  28. BB


    Not saying once the virus scare is over that oil doesn't go back to $60's maybe even $70 short term . . . ....

    • BLA Replied
    • 0 replies
    • 1,263 views
  29. BB


      Libya and Algeria have even bigger Tight Natural Gas , Ethane , Natural Gas Liquids and OIL opportunity. If they could just settle down.  UAE...

    • BLA Replied
    • 2 replies
    • 1,445 views
  30. BB


    https://www.rigzone.com/news/us_oil_export_story_has_really_just_started-19-feb-2020-161131-article/ 

    • BLA Replied
    • 3 replies
    • 1,342 views