Oilprice Community to Shutdown

  1. OS


    Trying to get a handle on gains and losses in oil market share to China ... See numbers for Jan show Russia and Angola...
      

    • LAOIL Replied
    • 2 replies
    • 1,947 views
  2. Tom Kirkman


    Heck why not, let's just crank up the global political pressure cooker to see what explodes first... November looks set to be the exact...
      

  3. rainman


     Russia and Saudi Arabia are pushing OPEC and its allies to raise oil output steeply from July to meet growing demand and cover supply...
      

    • rainman Replied
    • 4 replies
    • 2,399 views
  4. Marina Schwarz


    "Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil output by around 1 million barrels per day (bpd), easing 17 months of...
      

  5. Ron Wagner


    Russia's Catastrophic Oil and Gas Problem https://www.youtube.com/watch?v=Eo6w5R6Uo8Y  How Putin's greed led him into the Ukraine war  and caused Europe to turn against him and his aggression....

  6. Tom Kirkman


    The upcoming OPEC meeting should be lively.  Pretty much expecting a virtual food fight between Saudi Arabia + Russia vs. the rest of OPEC...
      

  7. Tom Kirkman


    Russia has budgeted for $40 oil for 3 years (2017 - 2020) and has repeatedly indicated earlier this year that it would be happy...
      

  8. Tom Kirkman


    Unexpected news.  Posting article in full, because the Sputnik website seems to be having difficulties. Russia's Rosneft Oil Company Announces Termination of Its Activity in...

  9. Tom Kirkman


    Russia’s Rosneft quits Iran, $30B of potential joint investments Russia’s largest oil producer Rosneft has decided to quit Iran and the possibility of US$30 billion...
      

  10. Rodent


    China and Russia don't seem too interested in playing along with US sanctions on Venezuela, despite Maduro's suspect win. And Venezuela gave two US...

    • Rodent Replied
    • 3 replies
    • 2,286 views
  11. Tomasz


    Quote   The Bazhenov Formation or Bazhenov Shale is a stratum in the West Siberian basin. It was formed from sediment deposited in a deep-water sea in Tithonian–early Berriasian time. The sea covered more...

    • Tomasz Replied
    • 1 reply
    • 2,903 views
  12. Ron Wagner


    https://www.youtube.com/watch?v=p2HmW_ZLZD4 RUSSIAN Economy Collapsing - Oil & Gas Revenues Fall 65% & Russia Posts Net Loss of R1.7 Trillion A current and in depth assessment based on...

  13. BB


    During an interview after Wednesday's OPEC+ Technical Meeting Novak stated Russia is "comfortable" with $50 bbl oil going forward.  Is this the new benchmark...

    • BLA Replied
    • 3 replies
    • 2,883 views
  14. Rodent


    https://www.spglobal.com/platts/en/market-insights/latest-news/oil/081418-far-east-russian-espo-blend-crude-premium-falls-to-one-year-low-on-weak-demand we were just talking about Saudi Arabia's oil production decline yesterday in a different thread. now it would appear that Russia is lowering prices...

    • Rodent Replied
    • 0 replies
    • 9,991 views
  15. Marina Schwarz


    Russian pension funds are considering investments in Aramco, and so are Chinese companies. Won't that be the best shareholder lineup EVER?
      

  16. Tomasz


      Lukoill is largest russian private oil producer ruled by tandem Vagit Alekperov (CEO) and Leonid Fedun (vice-president). It produces more than 1 milion barrels per...

    • Tomasz Replied
    • 1 reply
    • 1,276 views
  17. TB


    According to Reuters agency, Russia should not unleash an oil price war against the United States but rather stick with output cuts even at...

  18. PP


    Russian expansion on Arctic, in last few years, is showing increase line. With three oil fields which has on cold Arctic, Russia is producing...
      

    • Pavel Replied
    • 0 replies
    • 1,554 views
  19. Tomasz


    Quote   The head of the Ministry of Natural Resources of Russia, Alexander Kozlov, estimated the security of Russia with oil reserves at 59 years, and...

    • Tomasz Replied
    • 0 replies
    • 1,949 views
  20. SK


    Good news coming.

    • Falcon Replied
    • 0 replies
    • 1,111 views
  21. ronwagn


    https://jamestown.org/program/russian-oil-rivals-fighting-hard-to-extract-best-deal-from-new-pipeline-law/?fbclid=IwAR1Mzfrc8yWEzY56OE7AmJWUSQQXq4_19gf823OAkF8_cVD_hwHnKVNWIXM Russian Oil Rivals Fighting Hard to Extract Best Deal From New Pipeline Law Five months after the Druzhba pipeline contamination fiasco—in which chlorides-heavy petroleum from...
      

    • ronwagn Replied
    • 0 replies
    • 1,390 views
  22. Tomasz

    russia oil production

    Quote   Russia and Saudi Arabia have approved a production cut of 2.5 mb/d each from an agreed level of 11mb/d. However, there is some uncertainty...

    • Tomasz Replied
    • 8 replies
    • 5,210 views
  23. cv


    Russian Oil to Parts of Europe Suspended (Bloomberg) -- Russian oil flows to parts of Europe were halted after customers complained of unusual impurities in...
      

  24. Rodent


    Transneft pipeline caught fire today in Russia after a leak caused by pressure loss. 7500 sq meters of fire at last report.

    • Rodent Replied
    • 2 replies
    • 5,117 views
  25. BB


    The virus created the demand destruction.  Saudis just added to the chaos.  MBS taking a "scorched earth" strategy.   You can be assured the Royal Family has...

    • BLA Replied
    • 0 replies
    • 1,433 views
  26. Guy Daley


    I put this article in oil because it's part of a long term trend in oil consumption as RVs are typically not very economical. ...

  27. PP


    Saudi Aramco has converted into a joint stock company and this is a pre-step in process for a Saudi IPO. Aramco's IPO will comply...
      

    • Pavel Replied
    • 1 reply
    • 2,448 views
  28. Tom Kirkman


    Sharing this because I was one of the sources of background information for the author of the article.  We had a nice chat for...

  29. Tom Kirkman


    Heh heh, this amuses me in so many ways. Note the last bit of the excerpt below, which San Francisco oil haters are gonna hate: U.S....

  30. James Regan


    Looks like KSA has given DT some of his own medicine, after the weak sanctions or the way DT back peddled on Iran and slapping...