An Important Message For Oilprice Members

  1. James Regan


    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...
      

  2. jh


    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
    • 8,872 views
  3. Tom Kirkman


    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...

  4. Gary Timleck


    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...
      

  5. shaleprofile


    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...
      

  6. Marina Schwarz


    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...
      

  7. Marina Schwarz


    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...
      

  8. RR


    There they go again.  The commitment by OPEC+ to supposedly cut production is nothing but another effort by OPEC to spark a JawBone Rally. ...

  9. Marina Schwarz


    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...
      

  10. Brent Hamrick


    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$$$...

  11. Rodent


    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
    • 14,237 views
  12. James Regan


    “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...
      

  13. James Regan


    Is this potential situation credible? https://oilprice.com/Geopolitics/International/Iran-Threatens-To-Close-Key-Oil-Choke-Point.html
      

  14. Marina Schwarz


    Exxon, Chevron seek to exit Azerbaijan's oil after 25 years Interesting. That's supposed to be one of the biggest fields there.
      

  15. Rodent


    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
    • 1,014 views
  16. Marina Schwarz


    400 injured, one dead as the French protest higher prices at the pump. The idea of Macron's government is to wean them off fossil...
      

  17. NL


    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...

  18. BA


    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...
      

  19. Rodent


    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
    • 1,027 views
  20. Marina Schwarz


    So, Nigeria is playing it guardedly and Saudi Arabia's Falih has found it necessary to say the kingdom won't cut alone. If he needs...
      

  21. Rodent


    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
    • 1,007 views
  22. shaleprofile


    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...
      

  23. rainman


    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
    • 3,420 views
  24. jh


    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
    • 2,194 views
  25. JJ


    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...
      

  26. rainman


    Saudi oil minister said on Tuesday it was too soon to say if OPEC and its allies would cut production as the terms of...
      

    • rainman Replied
    • 5 replies
    • 2,369 views
  27. Democrats Tax Everything!


    It is pointless for OPEC+ to cut when greedy U.S. Frackers up to their eyeballs in massive debts will only produce more to fill...
      

  28. IG


    https://www.cnbc.com/2018/12/03/qatar-to-withdraw-from-opec-as-of-january-2019.html   The article comes from CNBC,  so consider the source. According to the article,  they are saying they are NOT leaving because of the Saudi's. I find that...

  29. Marina Schwarz


    @Tom Kirkman, now they're keeping it in the ground. Unbelievable.
      

  30. Marina Schwarz


    Notley says Alberta will buy rail cars to move oil, wants Ottawa to chip in Where are the protesters blocking rail tracks is what I'd...