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Is there a lack of demand for oil or just over-supply?
https://oilprice.com/Energy/Crude-Oil/The-Unintended-Consequences-Of-Fossil-Fuel-Divestment.html https://oilprice.com/Energy/Crude-Oil/Oversupply-Adds-To-Grim-Oil-Demand-Outlook.html We all know that covid has destroyed 8-9mb/d of demand this year, but who would have guessed that supply is projected to reach a...- Wombat Replied
- 42 replies
- 13,282 views
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Peak Oil is Now!
As M. King Hubbert (1956) shows, peak oil is about discovering less oil, and eventually producing less oil due to lack of discovery. Oil discoveries...- MASTERMIND Replied
- 42 replies
- 23,245 views
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USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
How on earth did I miss this report from the U.S. Geological Survey / U.S. Department of the Interior? USGS Announces Largest Continuous Oil Assessment...- Tom Kirkman Replied
- 41 replies
- 22,164 views
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Offshore is changing
https://www.energyvoice.com/otherenergy/209199/saipem-has-made-uk-offshore-wind-sector-a-priority-north-sea-boss-says/ @Tom Kirkman @Douglas Buckland @James Regan when the wind of change are blowin' you can choose to either build turbines (i.e. see opportunities) or build shelters (i.e....- renewables
- subsea
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- Rasmus Jorgensen Replied
- 41 replies
- 19,434 views
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Iran's first oil tanker has arrived near Venezuela
Five oil tanker full of sanctioned fuel are currently making their way across the Atlantic Ocean. On the 2nd of June 2020 , Major Failur for...- Dr.Masih Rezvani Replied
- 41 replies
- 29,301 views
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Hormuz and surrounding waters: Energy Threats to the World: Oil, LNG, shipping markets digest new risks after Strait of Hormuz attack
Oil, LNG, shipping markets digest new risks after Strait of Hormuz attack Risk levels associated with shipping crude oil and LNG via the Strait of...- strait of hormuz
- world energy
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- ceo_energemsier Replied
- 41 replies
- 14,668 views
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Cpt Lauren Dowsett
WHY IS OIL PRICE. com ALWAYS NEGATIVE ???? I'm guessing because it originates from England ??? Anybody out there from the US or England can identify...- Capt. Lauren Dowsett Replied
- 41 replies
- 13,435 views
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Western Canada Select price continues to sink
Western Canada Select (or Oilsands heavy crude) has now dropped to $38.29 a barrel, while West Texas Intermediate hovers near $70. That is the...- widest gap with wti sine 2013
- wcs
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- Jan van Eck Replied
- 41 replies
- 17,700 views
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Rally on Hold, if 69.5 don't break, 62.5 could be next.
I may have one viewpoint, but the market action must support my view, if it does, but not enough, my view changes, if it...- Top Oil Trader Replied
- 41 replies
- 14,011 views
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Oil at $300?
The horror: if oil producers don't start investing in new production, crude could hit $300 in a few years, says Pierre Andurand. BUT if...- Marina Schwarz Replied
- 41 replies
- 33,133 views
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How Much Oil Could EVs Feasibly Displace by 2040?
I've been seeing a lot of chit-chat about how much oil EVs could displace on various forums, but most of it is a collection...- Scotsman Replied
- 41 replies
- 21,779 views
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An expected? Saudi Arabia Would Need Oil At $80-$85 A Barrel To Balance Budget
Top oil exporter Saudi Arabia would need oil priced at $80-$85 a barrel to balance its budget this year, an International Monetary Fund official...- saudi arabia
- oil
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- rainman Replied
- 41 replies
- 22,625 views
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Wait till America opens their Q1 401k Investment Statements and see they have lost 35% of their retirement savings. They can blame the Authoritarian Chinese Communist Party..
Maybe then ALL in the U.S. will finally understand the Chinese Leadership for what it is. The gripe is not with the Chinese people. They are...- BLA Replied
- 41 replies
- 18,086 views
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Putin Wins Again at Oil Chess: OPEC Is Facing An Existential Crisis
Putin outsmarts Iran, and uses OPEC infighting and a few OPEC government meltdown catastrophes to improve Russia's leverage in global oil & gas. I found...- Tom Kirkman Replied
- 41 replies
- 18,405 views
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What will the future hold for nations dependent on high oil prices.
Now that overproduction of oil has lowered prices. What will happen to oil producing countries that are overly dependent on oil profits? I can...- oil prices
- middle east
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- ronwagn Replied
- 40 replies
- 14,455 views
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Brent Crude Oil Tops $80!
Brent crude oil on Thursday topped $80 a barrel for the first time since November 2014, as the market grew concerned that the Trump...- damirUSBiH Replied
- 40 replies
- 16,636 views
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Oil Prices are Starting to Rise Too High
Oil prices are starting to rise too high in my opinion. $80 oil (as forecasted for later) is simply not sustainable. I really wish KSA...- Tom Kirkman Replied
- 40 replies
- 29,105 views
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Exxon Aims For $15-a-Barrel Costs In Giant Permian Operation
Exxon Mobil Corp. plans to reduce the cost of pumping oil in the Permian to about $15 a barrel, a level only seen in...- 50 shades of black Replied
- 40 replies
- 20,202 views
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- Zhong Lu Replied
- 40 replies
- 13,568 views
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Colonial pipeline hack
or was it? Does anyone believe a multi billion dollar company doesn't have anyone who knows how to operate valves? Inquiring minds want to know.- Ward Smith Replied
- 40 replies
- 33,748 views
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Private-equity firms fueled the US shale revolution with $125 billion. Now they face a reckoning of epic proportions as the oil market melts down.
Article is behind a paywall. Excerpt below. You can bypass this Business Insider paywall by using a Private Tab with Tor, which is built...- Tom Kirkman Replied
- 39 replies
- 18,458 views
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Trump should move quickly!
If something is not done quickly to jack up the price of oil, I'm afraid a lot of it will have to be left in...- Uduak Replied
- 39 replies
- 14,392 views
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Russia Needs to Borrow 1 Trillion Roubles More to Cover Revenue Shortfall
Turns out Putin is swimming naked, despite the proud bluster. Not often that Russia exposes itself so clearly. Ignore the obfuscating headline below, and instead...- Tom Kirkman Replied
- 39 replies
- 13,557 views
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Despite pressure about Khashoggi's Murder: Saudi Arabia Reassures On Oil Supply, Says Will Meet Demand
Saudi Arabia said on Tuesday it would continue to meet customer demand for crude despite looming U.S. sanctions that are expected to reduce oil...- saudi arabia
- oil
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- rainman Replied
- 39 replies
- 15,870 views
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Projection Of Experts: Oil Prices Expected To Stay Anchored Around $65-70 Through 2023
Oil prices are expected to oscillate close to current levels well into the next decade, averaging around $65-70 per barrel through 2023, according to...- rainman Replied
- 39 replies
- 18,933 views
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Iran Doesn't Want Higher Oil Prices
The Saudis want to keep tightening the market and pushing prices up and now Iran's come out with an official statement against higher oil...- iran
- saudi arabia
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- Kate Turlington Replied
- 39 replies
- 18,479 views
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And Just Like That, Everybody Stopped Talking About $100 Oil
This headline made me chuckle audibly ( hey, I'm easily amused... ) And Just Like That, Everybody Stopped Talking About $100 Oil- Tom Kirkman Replied
- 39 replies
- 23,523 views
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Oil Prices Hit Highest Level Since 2014
Oil prices hit their highest level since December 2014 after US President Donald Trump warned of strikes on Syria and cautioned Russia against backing...- Pavel Replied
- 38 replies
- 46,347 views
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Making Safe Nuclear Power from Thorium
I was watching some TEDx Talks videos and came across this title from 2015: Making Safe Nuclear Power from Thorium I remember Jan talking briefly on...- Dan Warnick Replied
- 38 replies
- 14,896 views
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Coronovairus, Phase One Agreement, Lower for Longer
Hello Everyone! Yes... It has been a while. I hope you still remember me. I wrote this recently and would love to have a discussion...- coronavirus
- globaleconomy
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- Osama Replied
- 38 replies
- 13,129 views