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Banking crisis weighs heavily on commodity prices
The price of crude oil started tumbling again on Friday as the concerns mount over the banking sector in general and Credit Suisse in...- banking crisis
- credit suisse
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- hemanthaa@mail.com Replied
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- 3,368 views
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Oil Moving Back Offshore, Shale Oil Lost its Luster
Interestinger and interestinger. More good news about international oil & gas getting back in the game again after getting burned big time by the...- Tom Kirkman Replied
- 8 replies
- 3,368 views
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Covid-19 Killing Oil Workers at an Unparalleled Pace in Mexico
Of all the companies around the world affected by Covid-19, none has disclosed a worse death toll than Pemex, Mexico’s state-owned oil producer. It...- ThunderBlade Replied
- 2 replies
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BP's 2018 Profit Doubles To Five-Year High As Output Soars
BP joined its competitors in posting a strong 2018 performance, with a doubling of profits driven by strong growth in oil and gas output...- pinto Replied
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Negotiation
Question: if there's no further negotiation or agreement on trade between US and Iran , what next?- Dr.Masih Rezvani Replied
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- 3,357 views
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- Anisha fatima Replied
- 5 replies
- 3,353 views
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US Oil Glut this time
The US Glut this time is more shallow than the 2016 Glut. As of last week the EIA reported US crude storage of about 440,000...- Doyle Johnson Replied
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Chevron CEO Says No New Refineries In U.S—Ever
Quote https://www.linkedin.com/posts/meredithpoor_chevron-ceo-says-no-new-refineries-in-usever-activity-6938641347490807808-Fdh6?utm_source=linkedin_share&utm_medium=member_desktop_web So lets see here - no methane to liquids conversions, no 'biocrude' refining, no oil excreting algae, no electrochemical ethanol or other fuel production...- Meredith Poor Replied
- 6 replies
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Well from $74 we hit 67.xx now what?
Well, as you see, charts can predict future prices quite accurately. They can't predict the event though. But this is not saying you can...- Top Oil Trader Replied
- 5 replies
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Venezuela can't meet promised June oil volumes.
platts: Venezuela's PDVSA has notified eight international customers it will not be able to meet its full crude supply commitments in June. PDVSA is contractually...- Rodent Replied
- 13 replies
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Angola Has an Oil Problem
Angola's oil industry could be at a tipping point and not in a good direction: no interest in exploration from the industry, declining production...- Marina Schwarz Replied
- 1 reply
- 3,343 views
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The balanced market delusion
It seems funny that so much attention is given to the so called "oil glut" that tanked prices. Then the reduction of said glut...- Mufasa Replied
- 2 replies
- 3,343 views
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$70 Oil [Brent] Continues to be My Hope for 2019
My hope for 2018 was an average of $65 oil (Brent). My hope for 2019 is an average of $70 (Brent). These are my own hopes and NOT price...- Tom Kirkman Replied
- 3 replies
- 3,340 views
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Why did Aramco Delay IPO again ? It's Not Always What It Seems.
Saudi Aramco hired TWO DOZEN of the World's most prestigious Investment Banks. They're going to pay them a reported FOUR HUNDRED FIFTY MILLION in...- Jabbar Replied
- 5 replies
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Iran vs Canada
Social media is something that I'm straying away from. Changing my mind and stuff is impossible when not allowed to delete previous posts. So I...- Danny Hangartner Replied
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- 3,331 views
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Saudi Production Cut or Demand Drop?
I have a thought question for the readership. Responses are requested. The headline from CNBC reads "Saudi Arabia cuts oil production in July". Does that...- William Edwards Replied
- 8 replies
- 3,326 views
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Weekly U.S. Imports of Crude Oil. No, the U.S. is NOT oil & gas self-sufficient.
To counter the hyperbole about the U.S. being energy independent. While the U.S. currently exports more crude oil than it imports, the U.S. is very...- Tom Kirkman Replied
- 12 replies
- 3,319 views
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47 Oil & Gas Projects Expected to Start in SE Asia between 2018 & 2025
Wonderful news for Oil & Gas in Southeast Asia ! Long overdue. Indonesia and Malaysia Lead in Upcoming Oil and Gas Projects Count in Southeast...- Tom Kirkman Replied
- 2 replies
- 3,316 views
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Bullish and bearish outlook for oil
The International Energy Agency (IEA) believes a recent spike in the oil price could soon start to ease, helping to alleviate concerns that surging...- Joanna Replied
- 9 replies
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Crude Oil Types
We've talked about oil types somewhat--this is a great article about the different types of oil for anyone interested. https://oilprice.com/Energy/Crude-Oil/A-Detailed-Guide-On-The-Many-Different-Types-Of-Crude-Oil.html- Rodent Replied
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How much technically recoverable oil and oil in place in the world?
All the info they give about is proven reserves but I cant find any info about currently uneconomic ones. What is the amount of...- M. Doruk Replied
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Offshore drilling plan could add $590 bn to economy-API report
The oil and natural gas industry urged Interior Secretary Ryan Zinke to maintain his offshore drilling plan and open up federal waters from coast...- JohnAtronis Replied
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- 3,310 views
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- Falcon Replied
- 4 replies
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US Shale Economic Impact: GDP gain realized in shale boom’s first 10 years
GDP gain realized in shale boom’s first 10 years The U.S. shale boom—a product of technological advances in horizontal drilling and hydraulic fracturing that unlocked...- ceo_energemsier Replied
- 10 replies
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Hey Traders! The More Barrels of Iranian Oil Removed from Legal Markets, the More Barrels Available for Black Markets (at Cut Rate Prices)
Way too much hysteria lately about impending U.S. sanctions against Iranian Oil. The more Iranian oil is removed from the legal markets under sanctions, the...- Tom Kirkman Replied
- 9 replies
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No Market: Iran Floats Surplus Oil As Demand Falls Ahead Of U.S. sanctions
Two tankers carrying Iranian condensate, a type of ultra-light oil, have been floating off the United Arab Emirates for about a month as demand...- ThunderBlade Replied
- 6 replies
- 3,293 views
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Oil prices are being maneuvered
The United States has two objective behind keeping oil prices high: 1) it could keep shale producers making profit and 2) prompting Saudi Arabia...- Shabbir H. Kazmi Replied
- 5 replies
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Costly Crowded Permian?
I was surprised to see the Permian referred to as "costly and crowded" by Reuters in this story. Wasn't it the cheapest place to pump oil...- Marina Schwarz Replied
- 1 reply
- 3,286 views
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Pruitt is out
Scott Pruitt resign from his position leading the Environmental Protection Agency (EPA) on Friday, following months of high-profile controversies regarding his spending, ethics and...- Sefko Trafikant Replied
- 6 replies
- 3,281 views
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Oil-sands recovery by solvents has started on a trial basis; first loads now shipped.
The first commercial shipment of 250 barrels of good-quality oilsands heavy oil has left the mining site in Utah, produced by a novel technique...- Jan van Eck Replied
- 8 replies
- 3,278 views