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Strong USD is a bigger problem than high oil prices
The high US dollar is hurting oil buyers and users all over the world. A stronger local currency is what the likes of India...- Andrew Sun Replied
- 6 replies
- 2,593 views
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The World’s Most Dangerous Black Markets
With the impending U.S. sanctions against Iranian oil less than a month away, it appears that Iran is already preparing to divert much of...- black market
- iran
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- Tom Kirkman Replied
- 7 replies
- 4,501 views
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World’s Oil Traders Face Off Over Price Outlook As Iran Sanctions Near
The world’s biggest independent oil traders are deeply divided over the crude price outlook as the start date of sanctions on Iran’s energy exports...- ThunderBlade Replied
- 9 replies
- 3,899 views
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Irrational Oil Market - WTI climbs after 8 million barrel build
Title says it all, want to know what your thoughts are about recent price movements after EIA reported an 8 million barrel crude build. Yes...- ATK Replied
- 47 replies
- 20,951 views
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$240 Bln in Maturing Debt Looms over American Oil and Gas Companies
North American O&G industry faces $240B of maturities through 2023 @Tom Kirkman, don't you just hate being right?- Marina Schwarz Replied
- 3 replies
- 2,189 views
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Goodbye, Norway! Hello US!
Chevron is bailing on Noway, to go where the getting is good. Higher margins in the US shale patch, here we come! https://uk.reuters.com/article/uk-chevron-norway/chevron-becomes-first-oil-major-to-exit-norway-idUKKCN1MK1K9?il=0- Rodent Replied
- 0 replies
- 4,432 views
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Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
So many good observations in this article yesterday from Nick Cunningham. It's wonderful to see that some people understand what is actually going on...- Tom Kirkman Replied
- 56 replies
- 26,373 views
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Malaysia's Petronas gears up for new investment cycle
I'm starting to feel like a kid just before Christmas. Petronas is generally fiscally conservative. Last I checked, they budgeted for oil at $66...- Tom Kirkman Replied
- 2 replies
- 1,680 views
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North Sea Costs Creep Higher
Mixed signals coming from the UK. Costs are down to $15 a barrel but now they're set to rise. Big Oil's leaving but that's...- Marina Schwarz Replied
- 1 reply
- 11,911 views
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RANGE BOUND OIL MARKET
HI Friends My take is oil will be range bound say 70-76 for Wti through out the year , Seem like all risks are factored...- venkatesh raman Replied
- 1 reply
- 5,297 views
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Saudi Aramco Can't Pay Salaries? UAE/Saudi Halt 3 Projects of $243 Billion?
Presented without comment, for your consideration. Season with salt as necessary. 19 Banks Merge, Etihad, Mubadala Can't Pay Back Debt, Aramco Can't Pay Salaries, UAE/Saudi Halt...- Tom Kirkman Replied
- 12 replies
- 5,809 views
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IPCC: Climate Change Report
This could be a good first topic. Enjoy the report on IPCC's Web Site here Or Read an article about it here Pure fun reading and a predicted +...- NAPHTA Replied
- 3 replies
- 3,641 views
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Oil Demand: The Price Is Right Or The Customer Is Right?
Gasoline prices are up about 30 cents a gallon for the average American over the past year. At about $2.80 a gallon, gasoline is...- rainman Replied
- 14 replies
- 6,214 views
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Can SPR Offset Lost Iranian Crude?
Opinions among the big guys in the industry seem to differ. Some say it will bring prices down by a couple of dollars and others...- Marina Schwarz Replied
- 56 replies
- 21,539 views
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What will Oil Price Do next week
After US considering to use SPR as alternative Iran Oil supply,will this impact to anchor the oil price below $100.- Zabao Replied
- 0 replies
- 1,001 views
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V.P. Pence reveals reversal of our China Foreign Policy.
Vice President Trump announces what is a complete reversal of Obama's foreign policy toward China. They are now seen as our foremost world adversary...- ronwagn Replied
- 0 replies
- 1,243 views
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Where will oil price bottom
Though I am not an expert in predicting oil prices I believe that roller coaster ride of oil price may culminate in oil price...- jayakarthik sabarathnam Replied
- 1 reply
- 3,616 views
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Hey Traders! The More Barrels of Iranian Oil Removed from Legal Markets, the More Barrels Available for Black Markets (at Cut Rate Prices)
Way too much hysteria lately about impending U.S. sanctions against Iranian Oil. The more Iranian oil is removed from the legal markets under sanctions, the...- Tom Kirkman Replied
- 9 replies
- 3,335 views
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Is Regime Change Coming to Venezuela.
American foreign policy is shifting toward regime change. Will we forge ahead or stick with inaction? https://worldview.stratfor.com/article/us-policy-venezuela-formally-shifting-toward-regime-change- venezuela
- regime change
- (and 2 more)
- ronwagn Replied
- 0 replies
- 1,079 views
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$32B Worth of Oil, Gas M&A Deals in 3Q Breaks Record
$32B Worth of Oil, Gas M&A Deals in 3Q Breaks Record Drillinginfo reports that the US saw a 250% increase in mergers and acquisitions activity...- ceo_energemsier Replied
- 0 replies
- 1,178 views
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Petrochemicals Set to be the Largest Driver of World Oil Demand
A growing need for more plastics and petrochemicals in the developing world will be the leading driver of oil demand, outpacing planes, trains and...- Brian W Replied
- 2 replies
- 1,632 views
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Why the Saudis Can’t Keep a Lid on Oil Prices. And Why I Think the Iran Oil Sanctions are Overblown.
Interesting article, good insights by the author. Why The Saudis Can’t Keep A Lid On Oil Prices Saudi Arabia is incapable of offsetting all of Iran’s...- Tom Kirkman Replied
- 23 replies
- 6,744 views
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US Accuses OPEC Of Hiding Spare Capacity
The U.S. State accused OPEC of hiding 1.42 million bpd in spare oil production capacity, S&P Global Platts reports, citing a statement sent to...- Sofia Replied
- 3 replies
- 1,641 views
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India Dominates Oil Headlines
Lots of oil-related news coming out of India today (and this week), folks. India is feeling the weight of the higher oil prices and...- Rodent Replied
- 1 reply
- 10,505 views
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Oil Price Rise Brings India Close to an Economic Crisis
Union minister Nitin Gadkari Thursday said the country is facing lot of "economic crisis" due to crude oil imports and need to reduce imports...- Marina Schwarz Replied
- 11 replies
- 3,715 views
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African Oil
Its time now to boost african economics to start operation of Oil production instead everyday to support them with some Aid why dont we...- sultan SSS Replied
- 1 reply
- 2,395 views
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How Much Oil Does Saudi Arabia Actually Have?
Generally most data shows that Saudi Arabia has a "proven" 260 billion barrels worth of oil reserves. Aramco mentions they could have up a balance of 400 Billion...- saudi arabia
- oil
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- CMOP Replied
- 1 reply
- 1,579 views
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Is the End of the Oil Era Nigh?
Yeah, I know. This is like posting a topic about the illuminati or whatever's hot in conspiracy theories today. Still, I noticed a couple...- oil
- renewables
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- Marina Schwarz Replied
- 5 replies
- 4,942 views
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Eagle Ford - Completion activity is well behind the Permian. In this post, we look at one possible cause.
Eagle Ford - update through June 2018 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions...- shaleprofile Replied
- 0 replies
- 1,171 views
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New Deal Without OPEC - Saudi Arabia, Russia Agreed in Sept To Lift Oil Output
Russia and Saudi Arabia struck a private deal in September to raise oil output to cool rising prices and informed the United States before...- opec
- saudi arabia
- (and 3 more)
- ThunderBlade Replied
- 14 replies
- 3,465 views