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Oil Climbs Most In Years As Markets Shrug Off Christmas Crash. But what about WTI overproduction?
Good update. My only niggling point is the emphasis on cuts by OPEC and Russia, but not by U.S. Shale Oil Overproducers. The only thing...- Tom Kirkman Replied
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- 1,422 views
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Long knives coming out for MBS? Another attack on Aramco facilities seems inevitable.
The rumblings by the Saudi 1% and the thousands of royal princes against MBS seem to be intensifying. To me, another (even larger) attack against Saudi...- Tom Kirkman Replied
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- 1,261 views
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Canada WCS price is collapsed into the cellar
It looks like there is nothing but more bad news for the export of Canadian heavy oil, which historically has been priced at about...- Jan van Eck Replied
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- 1,472 views
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Trump: "The world’s largest reserves of oil are no longer enough to keep the lights on" in Venezuela
Once an oil-rich nation, Venezuela’s economy has been crippled by the socialist policies implemented by Maduro and his predecessor. Almost 90 percent of Venezuela’s...- Tom Kirkman Replied
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Rigzone: Permian Fracking Activity Underreported in 2018 _ 2 key findings
I mentioned Rigzone up front in the thread title, because it is becoming increasingly difficult to find actual hard news (i.e. facts) in my...- Tom Kirkman Replied
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Saudi concerns about global crude oil supply after drone attack: US offers a sympathetic ear - finally
Oil price that showed a downward trend up until Thursday, this week, stated going up at a modest pace on Friday with a brief...- saudi attack
- drone attack saudi arabia
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- hemanthaa@mail.com Replied
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Russia To Invest $50 billion in Iran Oil and Gas
Russian oil and gas companies are ready to splash $50 billion on oil and gas exploration in Iran. Makes sense, really. Wonder how Riyadh...- Marina Schwarz Replied
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Where do I find the "analyst estimates" of inventory data?
When the weekly API inventory data comes out, I always read how it compares to analyst estimates. How/where do I find those analyst estimates?- AE911truth.org Replied
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when did humans first learn to use Petroleum ??
Various theories have been advanced over the years as to the origin of petroleum proposing an animal, vegetable,mineral and even meteoric origin. Today, however,most scientists...- Dr.Masih Rezvani Replied
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- 1,606 views
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Venezuela Ups Oil Exports to China
"Venezuela is to increase its oil exports to China to one million barrels a day, President Nicolas Maduro said on Tuesday, just days after...- Marina Schwarz Replied
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- 1,735 views
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Hanoi Jane Arrested Again and Again, Ageing....
Hanoi Jane in Cuffs again, this could be the lyrics of a song, but unfortunately its the lyrics of a broken down old 78...- James Regan Replied
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- 2,256 views
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OPEC+ members are anxious over the arrival of Iranian oil into the markets - top Russian oil executive
Although the OPEC+ put on a brave face, while trivializing the potential impact of the arrival of Iranian oil on the price, the members could...- hemanthaa@mail.com Replied
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- 2,530 views
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Shell Made More Money at $60 oil Than At $100
Shell's earnings results are in, and their cashflow is set to beat Exxon's. AND they made more money at $60 barrels than at $100...- Rodent Replied
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- 1,794 views
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Aramco and Alphabet Deal
Alphabet reportedly in talks with Aramco, according to WSJ sources, about building a tech hub--specifically data centers--in the Kingdom. Still a mystery is whose...- Rodent Replied
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- 2,783 views
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Why do we use bbl for barrels?
OK decided to move it here. There are plenty of clues in the tags. Why is bbl used for barrel and why is it...- oil
- standard oil
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- Ward Smith Replied
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- 2,441 views
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Battle over Trans Mountain is getting uglier and uglier
Will they or won't they? http://www.huffingtonpost.ca/2018/02/01/trans-mountain-pipeline-is-going-to-get-built-despite-b-c-s-attempts-trudeau-says_a_23350383/- Rodent Replied
- 2 replies
- 1,727 views
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OPEC is neutral about crisis in Iran and Venezuela
OPEC doesn't think about rising oil production, so the crisis in Venezuela and protests in Iran are not so important in this segment of...- Petar Replied
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Leaked Document Reveals Exxon's Plan To Increase Emissions As Energy Space Prepares For Decarbonization
Leaked Document Reveals Exxon's Plan To Increase Emissions As Energy Space Prepares For Decarbonization by Tyler Durden Mon, 10/05/2020 - 09:19 https://www.zerohedge.com/commodities/leaked-document-reveals-exxons-plan-increase-emissions-energy-space-prepares As oil majors prioritize their own decarbonization...- Tom Nolan Replied
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- 1,769 views
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Rig Count FRIDAY!!
Rigs +14 today, mostly oil. DUC wells to be reported on in a few days. August to September saw an increase of 192 DUCs to...- Rodent Replied
- 2 replies
- 9,590 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
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- 3,545 views
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Iran's Leading Nuclear Bomb Expert Assassinated
How will this affect oil prices in the near future? Spike? Deep hit?- lydakane Replied
- 2 replies
- 1,963 views
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China Will Make or Break Aramco IPO
The Saudis are talking with strategic investors from China, Japan, and South Korea before making the final decision on Aramco's IPO. Guess who's calling...- Marina Schwarz Replied
- 2 replies
- 2,085 views
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Quatar out of Opec 2019
one of the reasons for the halt in the meteoric $4 rise in crude since friday. https://www.cnbc.com/2018/12/03/qatar-to-withdraw-from-opec-as-of-january-2019.html You will find some subdued reason in the news...- Top Oil Trader Replied
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Climate change politics: Another from CO : Michael Bennet proposes $1 trillion climate change fund
Michael Bennet proposes $1 trillion climate change fund DENVER (AP) — Democratic presidential candidate Michael Bennet said Monday he wants to commit $1 trillion for...- co anti energy politics
- carbon tax
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- ceo_energemsier Replied
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Big Oil and Utilities Square Up For Electric Car War as Both Offer Charging
As electric cars begin eating into profit growth at oil companies, the war for electric-car drivers' pocketbooks has begun. Oil majors, who've sold fossil...- BlackTortoise Replied
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Oil Prices Shoot Up On Large Inventory Draw
Refiner Inputs and Utilization Crude Oil Inputs 16,633 15,768 15,711 15,890 15,990 16,020 1982-2019 Gross Inputs 16,864 15,989 15,987 16,196 16,285 16,290 1990-2019 Operable Capacity (Calendar Day) 18,604 18,604 18,604 18,604 18,604 18,604 1990-2019 Percent Operable Utilization 90.7 85.9 85.9 87.1 87.5 87.6<------ 1990-2019- Old-Ruffneck Replied
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MBS here's a plan. Cut Exports . Your Production Cuts are a joke
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,...- BLA Replied
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- 1,345 views
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Iran-Iraq Giant Oilfield Up for Grabs this Summer
The Azadegan Oilfield, owned jointly by Iran and Iraq is going to be tendered in summer 2018 ... This is huge: an estimated 33...- Kate Turlington Replied
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Trump want cheap oil vs opec want costly.
Oil mostly like to cheap of Trump side another opposite side opec want really costly oil closely saudi want 70 to 80 bet movement...- சோழன் Replied
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- 2,008 views
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Venezuela is Desperate and Considering Refining Foreign Oil
Reuters is reporting that Venezuela is considering, for the first time, refining foreign crude because it can't meet its obligations for Russia/China fuel contracts....- venezuela
- oil refining
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- Scotsman Replied
- 2 replies
- 1,877 views