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Oil Price: huge US crude build and slowing Chinese economy rattle the markets
The US crude build, confirmed by both API and EIA this week, is causing anxieties in the crude oil markets at a time economists...- us crude build
- slowing chinese economy
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- hemanthaa@mail.com Replied
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Oil Producers In, Facebook Out, Says Gundlach
Gundlach recommended today betting on ETFs that track oil and gas explorers and producers, and betting against Facebook. The worst is not over for Facebook,...- Rodent Replied
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- 1,447 views
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Risks of Oil-by-Rail Rear Their Head
Environmentalists in Canada are beginning to worry about the risks associated with transporting crude oil by rail. Better lat than never, I say.- Marina Schwarz Replied
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Norway awards record 75 oil exploration licenses
Norway has awarded a record 75 offshore oil exploration licenses, to Statoil, Aker BP Shell, Total and ConocoPhillips among others. The licenses comprised 45 in...- Joanna Replied
- 4 replies
- 1,447 views
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OPEC Cartel Gaining Influence Over Non-OPEC Producers
Cartels gonna cartel. The basic premise of a cartel is to restrict supply, in order to drive up prices for the cartel's goods. OPEC's global influence...- Tom Kirkman Replied
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- SKEP Replied
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Iran's Oil Revenues Up More Than 50% YoY
Iran's oil revenues up 56.8% year on year (Iranian year, which started in March 2017) to US$14 billion. Higher oil prices will have it...- iran
- oil production
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- Rodent Replied
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Citi Says U.S. to Become Top Oil Exporter in 2019
"American exports of crude oil and petroleum products rose to a record 8.3 million barrels a day last week, according to U.S. government data on Wednesday....- Marina Schwarz Replied
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Patterns in Fracking Support
Patterns in Fracking Support Fracking support is basically arbitrary, right? Well, it seems there are established patterns that can help us predict some level of fracking...- Savannah Schmutzer Replied
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Oil Price Drop: Blame it on Algos
Haris Anwar, Senior Analyst at Investing.com, blames the “machines” for the sell-off. "Rather than saying that inmates are running the asylum, I think it's...- Marina Schwarz Replied
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- 1,444 views
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The Remarkable Stability of Historical Gasoline Prices
https://247wallst.com/special-report/2019/07/12/what-a-gallon-of-gas-cost-the-year-you-were-born-2/11/yu I was surprised to see just how consistent gasoline prices have been since it became the fuel for transportation. Taxes on it are another...- ronwagn Replied
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No Worries About Ownership of US-based Citgo
US investors looking to snap up US-based Citgo to keep it out of Russian hands. How likely is it really that it would fall...- Rodent Replied
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- 1,441 views
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Oil Workers Wanted with More Tech, Less Roughneck
Oil Workers Wanted with More Tech, Less Roughneck Nicholas Newman Oil companies are recruiting a different type of worker and in larger numbers. The oil industry is...- new age oil
- oil tech
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- ceo_energemsier Replied
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- 1,440 views
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OPEC June 22 meeting : how to get a compromise ?
The Vienna meeting between OPEC and non-OPEC oil producers on June 22 is expected to oppose the countries with no spare capacity like Iran...- Guillaume Albasini Replied
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Hurricane Outages
https://oilprice.com/Energy/Energy-General/Hurricane-Outages-Provide-Temporary-Relief-For-Oil-Markets.html A) The hurricane wasn't in the oil producing region last week. B) It didn't pass over any real production This is just incorrect- Blackbag99 Replied
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Venezuela’s Oil Woes Deepen as Chinese Contractor Halts Work
China and Venezuela are both feeling the bite of U.S. trade sanctions. Neither are happy campers. Will China start seizing Venezuelan oil & gas assets...- Tom Kirkman Replied
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- SKEP Replied
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Will Oil Price War & COVID-19 Dethrone The Dollar? Think again.
Dear Alex Kimani, Your article: "The Oil Price War Won’t Dethrone The Dollar" is very good and written in quality analysis. However, as you said...- Marek Piotr Skoczylas Replied
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North Sea Decommissioning Could Cost 80 Bln
That's compared with a government estimate of 39 billion pounds. The higher bill was calculated by an NGO that says the Oil and Gas Authority...- Marina Schwarz Replied
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Introducing
Hi just joined the community. I am a consultant Directional Driller wondering when things will get better. Day rates on the big wide world...- Ross Stevenson Replied
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Venezuela Fails To Pay Debt To India
Venezuela stopped payments to India's ONGC Videsh Ltd, who owns jointly with PDVSA the San Cristobal energy project. PDVSA is into OVL for about...- Rodent Replied
- 3 replies
- 1,437 views
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Total World Oil Supply Up 180,000bpd in March
OPEC said Thursday its crude oil output fell last month amid compliance with the oil cartel’s agreement to cut production, even as the world’s...- Royalblood Replied
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Visualizing US Oil & Gas Production (Through July 2020)
This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use...- shaleprofile
- shale
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Are the policies imposed on oil and gas by producing states in the U.S. impacting the industry?
Since the creation of this Green New Deal by AOC, States with oil and gas production seem to be making policies to undermine their...- JoMack Replied
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Bakken
North Dakota 'just won the geology lottery.' Oil exec estimates the Bakken reserves hold 30 to 40 billion barrels of recoverable oil By Patrick Springer...- ceo_energemsier Replied
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Making American Great Again Woos Aramco
Aramco looking at expanding in the US given the recent tax cuts and oil industry support from the Trump Administration.- Rodent Replied
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- 1,434 views
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Will China Really Stop Oil Flows?
US again is set to ask for a resolution to stop oil products flowing into North Korea. And again, many think China will not...- Rodent Replied
- 1 reply
- 1,433 views
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Pembina to Buy Kinder Morgan’s Oil Assets for $3.3 Billion
Timing is interesting, ahead of Canada's federal election in October. I believe Trudeau and the far left will not remain in power. And I...- Tom Kirkman Replied
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So Big Oil Can't Fund The Arts Now??
Oh my, oh my. We're shunning Big Oil from putting money towards the arts now? http://www.france24.com/en/20180312-climate-protest-prompts-partial-evacuation-louvre My favorite line: "Some 30 activists had laid a long stretch...- Rodent Replied
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- 1,433 views
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Fed Cut will it help the Shale Patch?
Should be interesting whichever way you want to look at a cut it’s all contradiction. Up Down with WTI, USD, Gold, Oil Majors Shares,...- James Regan Replied
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- 1,432 views