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quiz on oil production numbers
Could somebody help me to better understanding? Numbers presented in IEAs Oil Market Report 14 nov, p 15 indicate that the World's largest crude producers (incl...- marianr Replied
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- 1,730 views
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China Ups Oil Import Quotas
China awards 18.36 mil mt oil product export quota for 2019, up 13% on year This should offer some relief to poor battered oil prices....- Marina Schwarz Replied
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- 7,173 views
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Petronas’ big bet in the Americas
And here is a refreshing changeup from the usual rollercoaster oil news. A view of longer term approach, rather than the short term ups...- Tom Kirkman Replied
- 4 replies
- 3,586 views
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Revenues For Canada’s Oil Towns Dwindle As Firms Stop Paying Taxes
In case anyone forgets, I believe @Jan van Eck warned of a continuing crisis unfolding in parts of Canada: Revenues For Canada’s Oil Towns Dwindle As...- Dan Warnick Replied
- 36 replies
- 10,335 views
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U.S. Shale's Blows Leave Middle East Oil Producers Staggering. Sub-$50 WTI and $70 Brent may be more suitable for 2019.
I think one of the *biggest* factors in 2019 regarding global oil prices and global oil production will be ... what the heck is...- Tom Kirkman Replied
- 31 replies
- 15,897 views
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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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- 1,232 views
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- Udara Hemachandra Replied
- 3 replies
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Russia Adds $120B in Revenue Since OPEC+ Deal
Russia has earned at least $120 billion of additional revenue over the two years after signing an agreement with OPEC+ countries due to oil...- BlackTortoise Replied
- 1 reply
- 1,044 views
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Exxon In ‘Bull's-Eye’ As Worst Year Since Reagan Limps to a Close
Things haven’t been this bad for the world’s biggest oil stock since Ronald Reagan became president. Exxon Mobil Corp., down 22 percent for the...- pinto Replied
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- 1,954 views
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Kazakhstan: OPEC, Non-OPEC Nations Must Stabilize Oil Prices In First-Quarter
Kazakhstan expects the participants in a pact to curb global oil output to stabilize prices in the first quarter of 2019 and make a...- kazakhstan
- opec
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- rainman Replied
- 5 replies
- 3,728 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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- 3,276 views
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Oil price dictated by mentally unstable lemmings
I believe that for every barrel produced something like 400 barrels are traded- or something like that. Therefore the price of oil is dominated...- NWMan Replied
- 4 replies
- 1,710 views
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OPEC is panicking
OPEC may have to hold an emergency hearing soon. https://oilprice.com/Latest-Energy-News/World-News/OPEC-Prepared-To-Call-Extraordinary-Meeting-As-Oil-Falls.html- opec
- oil prices
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- Adrian Hernandez Replied
- 31 replies
- 38,833 views
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Venezuela Warship invaded Guyana coastal waters to order permitted EXXON Mobil oil ship to leave
https://www.breitbart.com/national-security/2018/12/24/venezuela-invades-guyana-block-exxon-mobil-oil-exploration/ I wonder what country will end up using their warships to protect the exploration ships when they return. Will Maduro end up getting his ship...- Illurion Replied
- 7 replies
- 3,681 views
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Supply crunch coming
What do you think about supply crunch in next decade? A lot of oil analysts like Art Berman, Energy Aspects, Wood Mckenzie and also IEA...- Tomasz Replied
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Shale Long Term Debt vs Growth
So I keep reading in the headlines how the USA will become an unstoppable force in terms of production growth: https://www.reuters.com/article/us-usa-oil-eia-outlook/u-s-crude-output-to-surpass-12-million-barrels-per-day-by-mid-2019-eia-idUSKCN1NB2F5 https://oilprice.com/Energy/Crude-Oil/IEA-Chief-US-Oil-Output-To-Near-SaudiRussian-Production-By-2025.html And at the same time...- DebtOfTomorrow Replied
- 3 replies
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OPEC Will Hold Extra Meeting
OPEC and allied oil producers are ready to hold an extraordinary meeting and will do what is needed if the current cut in oil...- BlackTortoise Replied
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- 5,680 views
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Alaskan Arctic drilling by next summer
The Trump administration is taking its first steps toward expanding oil and natural gas drilling in an area roughly the size of Indiana in the Alaskan...- Stephen Replied
- 15 replies
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What's got oil so spooked? It's the economy. And excess production from U.S. Shale Oil.
The viewpoint in this opinion article glosses over a glaring, crucial point... overproduction by U.S. Shale Oil industry. Although that should eventually start to...- Tom Kirkman Replied
- 6 replies
- 3,654 views
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- savy Replied
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U.S. Oil Output To Near Saudi+Russian Production By 2025
Renewable energy prices have been declining at a reasonably predictable rate, generally no less than 20% per year, often higher than 25%. Solar panel...- oil
- united states
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- Meredith Poor Replied
- 2 replies
- 1,798 views
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UWT/DWT Crude 3x leverage ETN
Hi, new here. Does anyone know which index UWT/DWT actually tracks...for real? If you look at the Natural Gas ETNS UGAZ or DGAZ, they consistently hug...- JoeMo16 Replied
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Chinese National Charged with Committing Theft of Trade Secrets of a U.S. Petroleum Company
The U.S. / China trade war may be gearing up again. Chinese National Charged with Committing Theft of Trade Secrets Hongjin Tan, a 35 year old...- Tom Kirkman Replied
- 1 reply
- 1,452 views
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Deep Water Drilling
I am interested in the dynamics of Deep-water Drilling and related field infrastructure. The industry is now in its third year of the worst...- e&p
- deepwater drilling
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- FGoldwyn Replied
- 2 replies
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China Not Buying US Crude
Apparently. Uncertainty is a complicated pictogram*. *You'll have to have read "Interesting Times" to get the reference fully but I'm sure you know what I...- Marina Schwarz Replied
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Shale Bloodbath?
This guy says the situation in the shale patch is very dramatic. While he does make, I think, some valid points about shale well...- Marina Schwarz Replied
- 66 replies
- 31,216 views
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Hey Trump - *End the Fed*. Please. It's Killing Oil & Gas.
Interest Rate Hike Hits Oil Hard Oil prices have been slammed over the past week, dragged down by a variety of forces, including soaring U.S....- Tom Kirkman Replied
- 1 reply
- 1,332 views
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All is Well in Saudi Arabia
Okay, it's obvious I'm bored out of my mind, so I'm hanging around here, flooind the forum with topics but well... I'm bored. Two headlines...- Marina Schwarz Replied
- 2 replies
- 7,254 views
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Aramco To Spend Billions on Motiva Expansion
Saudi Aramco’s Motiva eyes $6.6B petrochemical expansions If it's worth less than a few billion bucks, we won't bother with it, seems to be the...- Marina Schwarz Replied
- 1 reply
- 1,386 views
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Will new process turn oil sands into a production tiger?
I was poking about looking for snippets of information on oil sands extractions processes, and came across some fascinating information about two long-time industry...- Jan van Eck Replied
- 22 replies
- 5,204 views