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A Return of Low Prices Is Suggested
It was reported yesterday by CNN that Khalid al Falih, Oil minister of Saudi Arabia, said "Two years ago we pulled supply. I think in...- William Edwards Replied
- 76 replies
- 33,050 views
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U.S. Asks OPEC for 1 Million Barrel a Day Oil Output Hike
https://www.bloomberg.com/news/articles/2018-06-05/u-s-said-to-ask-opec-for-1-million-barrel-a-day-oil-output-hike- Rodent Replied
- 1 reply
- 1,402 views
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Daily Open Analysis
Daily Open-Analysis, Free to share the information from other portals and sites and also your own prediction of the Price.- Kourosh Replied
- 2 replies
- 1,190 views
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"The Global Growth Story is Starting to Look a Little Shaky"
Take note of this one key sentence in Nick's article: > > > "In short, the global growth story is starting to look a little shaky."...- Tom Kirkman Replied
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- 1,377 views
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motiva refinery expansion plans scrapped
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN1J00DU motiva refinery won't be expanded, due to hurricane risks? anyone see an alternate motive here?- Rodent Replied
- 4 replies
- 2,753 views
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Pipeline Supporters Overtake Anti-Pipeline Protest
"What started as a pipeline protest in Calgary quickly became a show of support for the Trans Mountain pipeline expansion and the oil industry...- Marina Schwarz Replied
- 2 replies
- 2,511 views
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California musician conman says he can make oil flow faster
"A musician who claimed he could use sound waves to improve oil and gas exploration and transportation was actually running "sham enterprises" that defrauded...- Rodent Replied
- 2 replies
- 1,416 views
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So about my ad nauseum comments hoping for $65 oil this year... Halliburton says $60 to $70 is Comfortable
For lurkers, if you do a quick check of my comments, you will see I have been commenting repeatedly that I've been hoping for...- Tom Kirkman Replied
- 6 replies
- 3,338 views
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OPEC Cartel Gaining Influence Over Non-OPEC Producers
Cartels gonna cartel. The basic premise of a cartel is to restrict supply, in order to drive up prices for the cartel's goods. OPEC's global influence...- Tom Kirkman Replied
- 1 reply
- 1,446 views
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Aramco Shedding Assets... an IPO move?
http://www.arabnews.com/node/1315386/business-economy Aramco sheds some non-oil assets, emerging as a leaner company supposedly ahead of the much-anticipated IPO.- Rodent Replied
- 1 reply
- 1,192 views
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Why Didn't Airlines Hedge against Higher Oil?
IATA executives are meeting in Australia for their annual meeting and: "IATA, which represents about 280 airlines comprising 83 percent of global air traffic, in...- Marina Schwarz Replied
- 3 replies
- 2,294 views
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G7 Splashes $100 Bln on fossil Fuels a Year
A nice infographic from some think tank named Overseas Development Institute. So despite their commitments, despite all the assurances that they're fighting climate change...- Marina Schwarz Replied
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- 1,311 views
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Impact of the steel and aluminium tariffs on the oil and gas industry
Steel and aluminium tariffs could cause some damage to the US oil and gas industry... “The implementation of new tariffs will disrupt the U.S. oil...- Guillaume Albasini Replied
- 0 replies
- 982 views
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Venezuela Fails To Pay Debt To India
Venezuela stopped payments to India's ONGC Videsh Ltd, who owns jointly with PDVSA the San Cristobal energy project. PDVSA is into OVL for about...- Rodent Replied
- 3 replies
- 1,436 views
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Tour An Iranian Oilfield (Really!)
Who wants to go with me to tour an Iranian oilfield? https://financialtribune.com/articles/travel/87475/oil-ministry-ready-to-offer-oilfield-tours "The Oil Ministry welcomed a proposal by Iran's Cultural Heritage, Handicrafts and Tourism Organization...- Rodent Replied
- 2 replies
- 1,475 views
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HAPPY RIG COUNT DAY!!
Rigs have been steady or lower in the past couple of weeks despite higher oil prices. And while the US can do more with...- Rodent Replied
- 46 replies
- 16,534 views
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U.S. Shale Oil Debt - Does *Refinancing* Mean Paying Down Debt or Adding New Debt?
So I've been waiting and waiting for this news to come out. Due to higher oil prices, many U.S. Shale Oil companies are starting...- Tom Kirkman Replied
- 9 replies
- 5,436 views
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The Gold/Oil Price Correlation
Very interesting article from safehaven.com on the correlation between gold and oil prices. I encourage everyone to read it and would love to hear...- dowmike Replied
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- 1,528 views
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Iran Asks for OPEC's Help Weathering US Sanctions
Raise your hand if you link OPEC is going to lend a helping hand to Saudi Arabia's old chum, Iran. Iran has been a constant...- Rodent Replied
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- 1,026 views
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Why environalists are more likely to cheat?
Listened to a Freakonomics podcast about Corporate Social Responsibility and one phrase got my attention: "there is a study showing that when people express a...- westpac
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- 1 reply
- 2,896 views
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US sanctions on Iran
The recent sanctions on Iran by USA seems to be a closely considered act by Trump administration. This looks like an act to make...- sudhir Replied
- 0 replies
- 938 views
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EIA Says Inventories back to 5-yr average OECD and US
Total liquid fuels inventories return to five-year averages in the United States and OECD https://www.eia.gov/todayinenergy/detail.php?id=36392- Rodent Replied
- 2 replies
- 1,280 views
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BC still wants a piece of Transmountain
despite the shenanigans over the trans mountain pipeline, BC still wants to receive billions as part of the original deal. sounds like blood money...- Rodent Replied
- 1 reply
- 1,190 views
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its
The OILPRO.COM Pundits have regrouped !
Nice to see the OILPRO.COM pundits/refugees have found a new home !- Glenn Ellis Replied
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Brazil presalt oil cargo receives no bids
No takers for this preaalt oil now that they can't wheel and deal on prices. The implications for not finding a buyer are significant. https://www.reuters.com/article/brazil-oil-auction/brazil-receives-no-bids-for-contracts-for-pre-salt-oil-cargo-idUSL2N1T1263?rpc=401&- Rodent Replied
- 1 reply
- 1,874 views
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Democrats Urge Trump to ‘Stand Up to OPEC’ Amid Rising Oil Prices
U.S. Senate Democrats urged President Trump to try to prod OPEC to take steps to lower oil prices and suggested that millions of Americans...- Selva Replied
- 21 replies
- 7,277 views
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API Inventory Data (Tuesdays)
Welcome to the API inventory data thread. This thread will be updated weekly with the crude oil inventory data that is published weekly on...- Rodent Replied
- 46 replies
- 23,350 views
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Challenge for Petroleo Brasileiro: Brazil Oil Workers Begin Strike In New Blow To Government
Brazilian oil workers began a 72-hour strike on Wednesday in a new blow to President Michel Temer following a nationwide trucker protest that has...- rainman Replied
- 7 replies
- 3,391 views
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Only 1/4 of Top Permian Producers Made Money in Q1 - Despite Higher Oil Prices
Mainstream Media is waking up to the over-hype of U.S. Shale Oil economics. It is a bit strange to me that the MSM has been paying...- Tom Kirkman Replied
- 7 replies
- 4,105 views
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OPEC's discord: Kuwait’s Unease With The Saudi Position in OPEC
Kuwait and Iran are leading a faction in the cartel that are upset about an agreement struck between Saudi Arabia and Russia last week....- Pavel Replied
- 3 replies
- 2,040 views