An Important Message For Oilprice Members

  1. 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...
      

  2. Marina Schwarz


    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...
      

  3. Tom Kirkman


    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...

  4. Marina Schwarz


    Just when they were beginning to boost their production steadily, another field blockade plus heavy rains has slashed production. Weather aside, will Libya ever...
      

  5. 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. ...

  6. 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$$$...

  7. Rodent


    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
    • 30,121 views
  8. 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
    • 8,875 views
  9. 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...
      

  10. 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...
      

  11. Tom Kirkman


    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...
      

  12. ronwagn


    Now that overproduction of oil has lowered prices. What will happen to oil producing countries that are overly dependent on oil profits? I can...
      

    • ronwagn Replied
    • 40 replies
    • 12,795 views
  13. Rodent


    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
    • 23,579 views
  14. 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
    • 15,245 views
  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. 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...

  17. 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...
      

  18. 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
    • 1,028 views
  19. 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
  20. 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
    • 3,422 views
  21. 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...
      

  22. James Regan


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

  23. 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...
      

  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. 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.
      

  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. 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...

  28. 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...
      

  29. 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...

  30. Marina Schwarz


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