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Permian Suicide
Shouldn't we be seeing the price of oil move higher? OPEC cuts 1.2Million/day, and the price is plunging to dangerous levels for the US land...- oil
- permianbasin
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- James Regan Replied
- 4 replies
- 16,211 views
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Question about grades
Two quick questions since I am new to the industry: 1). What are PMS & AGO refined oil? Are they real acronyms? I am guessing marine...- Gary Timleck Replied
- 0 replies
- 3,069 views
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Visualizing US oil & gas production (through August)
US - update through August 2018 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in...- shaleprofile Replied
- 0 replies
- 1,044 views
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Big Oil Beware Green Shareholders
BP and Shell to face fresh shareholder challenge over climate goals I'm impressed with the stated goal of Follow This, honestly. Buying into a company to...- big oil
- shareholders
- (and 1 more)
- Marina Schwarz Replied
- 0 replies
- 1,152 views
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Rigs Down
Oil explorers dialed back on drilling at the fastest pace in 2 1/2 years in U.S. fields as volatile crude prices crippled efforts to...- Marina Schwarz Replied
- 4 replies
- 3,894 views
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OPEC Cuts Deep to Save Cartel
Entertaining and thoughtful article from Tom Luongo. I certainly don't agree with everything he says, but his viewpoint is worth reading: OPEC Cuts Deep to...- Tom Kirkman Replied
- 66 replies
- 24,335 views
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Will Libya Ever Recover?
Just when they were beginning to boost their production steadily, another field blockade plus heavy rains has slashed production. Weather aside, will Libya ever...- Marina Schwarz Replied
- 14 replies
- 5,988 views
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OPEC Trying to Start JawBone Rally
There they go again. The commitment by OPEC+ to supposedly cut production is nothing but another effort by OPEC to spark a JawBone Rally. ...- OilPro_Rolando Replied
- 1 reply
- 1,367 views
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Oil is for the Birds
LOLOLOLOL This is like i've been stating, its the plan. admin lifts some protections https://www.nbcnews.com/politics/politics-news/trump-admin-eases-protections-sage-grouse-increase-oil-gas-drilling-n945141 Birds are just in the way. https://www.nytimes.com/2018/12/06/climate/trump-sage-grouse-oil.html And here we go https://www.bigcountryhomepage.com/news/state-news/largest-continuous-oil-and-gas-resource-potential-ever-assessed-found-in-texas-new-mexico/1645379578 Get all your duck$$$...- Brent Hamrick Replied
- 1 reply
- 7,529 views
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IT IS FINISHED. OPEC Victorious
OPEC has gone and done it. Deal reached, 1.2 million bpd cut, Russia included Iran, Libya, Venezuela given special dispensation.- Rodent Replied
- 97 replies
- 30,238 views
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Maersk's COO statment.
Maersk's, the largest shipping company in the world, COO has apparently said "we will have to abandon fossil fuels", by 2050. Weaning their massive...- DA? Replied
- 32 replies
- 10,686 views
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Shale Producers Bankers are Scared of $50/Bbl
“They want OPEC to make a cut, and they kind of want Donald Trump to stop tweeting about oil.” Hypochracy and shows how protectionism is destroying...- James Regan Replied
- 0 replies
- 1,342 views
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A Chronicle of Trump's Anti-OPEC Tweets
I'm sure you have been waiting for someone to chronicle this and CNBC have been gracious enough to do it. You're welcome Trump’s year in...- Marina Schwarz Replied
- 1 reply
- 1,195 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
- 20,254 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
- (and 3 more)
- ronwagn Replied
- 40 replies
- 12,841 views
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GOODBYE FOREIGN OIL DEPENDENCE!!
US turns to net oil exporter, says EIA. Two words: Boo. Ya. US Crude shipments last week = 3.2 million bpd- Rodent Replied
- 54 replies
- 23,695 views
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OPEC Cancels Press Conference
Where we are now Monitoring committee recommended a production cut OPEC agreed a cut will be forthcoming Russia went back home to check in with Big Daddy...- Rodent Replied
- 29 replies
- 15,377 views
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China or Russia, Who Will Take Control of Venezuela's Oil?
https://www.rt.com/business/445768-russia-venezuela-investments-oil/ And the game is afoot! "Caracas and Moscow have signed $5 billion US dollars’ worth of contracts related to oil production during President Nicolas Maduro’s...- Rodent Replied
- 0 replies
- 1,018 views
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When can we expect light distillate(gasoline) cracks to rebound?
Well the current situation can be summarized as refining margins for light distillates taking a big hit because of high stock levels globally. The main...- Seong Hee Lee Replied
- 0 replies
- 892 views
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Brexit and oil prices
I don't remember ever reading a story that talks about what effect, if any, Brexit will have on crude prices. Is that because there...- buddha007 Replied
- 0 replies
- 9,615 views
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OPEC's November Production Recap
Some Highlights Per S&P Global Platts Survey: Overall OPEC: UP 40,000 bpd to 33.08 million bpd Saudi Arabia: UP 350,000 bpd at 11.02 million bpd, an...- Rodent Replied
- 0 replies
- 1,033 views
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Libya Shuts In 150,000 bpd of oil as all ports closed
Just in today: "Libya has closed all its oil loading terminals due to bad weather, and soon-to-be-full storage tanks will lead to a shut-in of...- Rodent Replied
- 0 replies
- 1,012 views
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Bribe, Corruption And Oil: Glencore, Trafigura, Vitol bribed Petrobras staff-Brazil prosecutors
Brazil prosecutors alleged on Wednesday that trading giants Vitol, Trafigura and Glencore paid over $30 million in bribes to employees at state-owned oil company...- rainman Replied
- 6 replies
- 3,434 views
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Visualizing Permian oil & gas production (through August)
Permian – update through August 2018 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in...- shaleprofile Replied
- 1 reply
- 1,548 views
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$400 A Bbl of Oil is this possible
Is this potential situation credible? https://oilprice.com/Geopolitics/International/Iran-Threatens-To-Close-Key-Oil-Choke-Point.html- James Regan Replied
- 24 replies
- 11,090 views
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More OPEC Members May Leave
From comments made by Iran's OPEC governor: "Some producers have limited production capacity. Therefore, they may be faced with lower demand for production, while on...- Marina Schwarz Replied
- 43 replies
- 22,642 views
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Seeking Alpha Article Oil Demand
Not normally one to be reading anything on Seeking Alpha but try this one. https://seekingalpha.com/article/4225153-evs-oil-ice-impact-2023-beyond Explains far better some of the points I've been trying to...- DA? Replied
- 2 replies
- 2,214 views
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Exxon, Chevron Want to Dump Azeri Stakes
Exxon, Chevron seek to exit Azerbaijan's oil after 25 years Interesting. That's supposed to be one of the biggest fields there.- Marina Schwarz Replied
- 6 replies
- 4,698 views
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Saudi Energy Minister Says OPEC's Deal To Cut Output Uncertain
Saudi oil minister said on Tuesday it was too soon to say if OPEC and its allies would cut production as the terms of...- opec
- saudi arabia
- (and 1 more)
- rainman Replied
- 5 replies
- 2,376 views
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Oil prices may go up, but will be below $70 a barrel in FY19: Hindustan Petroleum Chairman
Hindustan Petroleum's assessment sounds about right to me. My hope for 2019 is an average of $70 oil [Brent] and $65 [WTI]. My hope for 2018 was an...- Tom Kirkman Replied
- 5 replies
- 2,282 views