Oilprice Community to Shutdown

  1. SK


    Q1 production growth only 300,000 bbls.  IEA sticking with  1.2 mm bbls/day avg for 2019 based on 2nd half 1.6 mm bbls avg ?...

    • Falcon Replied
    • 0 replies
    • 1,069 views
  2. AK


    https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2018-10-05/saudi-crown-prince-to-trump-we-ve-replaced-all-iran-s-lost-oil Well well well, looks like OPEC disproved analyst expectations that they wouldn't be able to increase output. They met the 1 million barrel output goal...

    • ATK Replied
    • 31 replies
    • 14,036 views
  3. cv


    Saudi Crude Exports to US Plummet     (Bloomberg) -- After flooding the U.S. with crude earlier this year, Saudi Arabia has all but cut off the...
      

  4. JN


    . . . LOWER PRICES ONLY 3 to 6 MONTHS AWAY .. .. when Investors understand Saudis never cut .  .  .  Non-OPEC SUPPLY GROWING 2.26...
      

    • Jabbar Replied
    • 0 replies
    • 2,622 views
  5. Rodent


    https://qz.com/1284239/70-of-saudi-arabias-electricity-is-used-for-air-conditioning/ 70% of Saudi electricity usage goes toward air conditioning, and 100% of electricity is generated from fossil fuels. 

    • Rodent Replied
    • 5 replies
    • 3,673 views
  6. hemanthaa@mail.com


    In a mild rebuke against the predictions about the OPEC+ decisions, Prince AbdulAziz bin Salman, the Saudi Energy Minister, once again reiterated his famous...
      

  7. 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
    • 2,692 views
  8. cv


    Saudi energy minister says world does not need any more oil in coming months   Supply risks abound from Iran to Venezuela to Libya and the...
      

  9. cv


    Saudi expects wider 2020 budget deficit of $50 billion - finance minister   https://www.reuters.com/article/us-saudi-economy-budget/saudi-expects-wider-2020-budget-deficit-of-50-billion-finance-minister-idUSKBN1XA2EO?il=0
      

  10. Marina Schwarz


    Or so says Finance Minister Al-Jadaan. I can safely say he and I do not live in the same reality.
      

  11. Marina Schwarz


    "Saudi Arabia’s sovereign wealth fund is taking a $400 million stake in Endeavor, one of Hollywood’s biggest talent and event managers, as part of...
      

  12. TA


    I don't believe that the Saudis should be allowed to import and refine their on oil in the United States while attempting to bankrupt...

    • T. Adams Replied
    • 5 replies
    • 3,251 views
  13. Rodent


    https://www.bloomberg.com/news/articles/2018-03-08/saudi-oil-minister-hints-aramco-ipo-could-be-delayed-until-2019 If you could only see my super sarcastic mock surprised face right now. I don't want to say I told you so. Wait. Yes...

    • Rodent Replied
    • 9 replies
    • 4,241 views
  14. SK


    US Bolton said, " almost" certain Iran behind attacks. US says Iran " likely" behind attacks on tankers Kirkman post on this blog discusses how Shell can survive at $30...

    • Falcon Replied
    • 0 replies
    • 878 views
  15. JB


    The available data show that the volume of net oil exports that Saudi Arabia has delivered to importing counties has been below their 2005...

  16. BB


    Oil industry is cutting production around the world now.  They have to , the storage is filling up. Which company has more storage around the...

    • BLA Replied
    • 0 replies
    • 995 views
  17. hemanthaa@mail.com


    The oil exports from Saudi Arabi have fallen from 7.307 to 7.235 mbd, according to the monthly data provided by the OPEC. This is...
      

  18. hemanthaa@mail.com


    Saudi Arabia is under constant attack by Houthi rebels from Yemen and they come in the form of explosive-laden drones and missiles. The level...
      

  19. BB


    According to Goldman analyst it's closer to 4.3mm.  He's correct. (1) Saudis say they are not targeting U.S. shale. That's a LIE (2) Russian Oil Minister says...

    • BLA Replied
    • 0 replies
    • 1,329 views
  20. TB


    Saudi Arabia’s oil output may edge up in June, sources familiar with the kingdom’s policy said, but the extra crude may be used for...

  21. JM


    So, is this the beginning of an upward price on oil?  The market showed lower production occurring from Saudi Arabia and oil is up...

    • JoMack Replied
    • 0 replies
    • 6,659 views
  22. BB


    This will increase their funding costs.

    • BLA Replied
    • 3 replies
    • 3,264 views
  23. Tom Kirkman


    The Saudi one trick pony (which has been firmly dependent on easy oil revenues) will have the pony bucking and kicking and throwing a mule-digging-in-its-heels-tantrum, as the...

  24. William Edwards


    I have a thought question for the readership. Responses are requested. The headline from CNBC reads "Saudi Arabia cuts oil production in July". Does that...
      

  25. CB


    Saudi Arabia's oil production jumped by nearly 500,000 barrels per day in June, so what can we expect in July?
      

    • Carlsbad Replied
    • 4 replies
    • 2,339 views
  26. Rodent


    Saudi raises Arab Light prices. I think the general thought was that they were going to lower prices? https://www.bloomberg.com/news/articles/2018-04-05/saudi-arabia-unexpectedly-lifts-key-oil-price-for-asian-buyers

    • Rodent Replied
    • 1 reply
    • 1,434 views
  27. SK


    Exxon has a few Joint ventures with ARAMCO including a refinery in Saudi Arabia. 

    • Falcon Replied
    • 0 replies
    • 949 views
  28. Rodent


    https://www.bloomberg.com/news/articles/2018-06-21/saudi-oil-minister-says-timing-of-aramco-ipo-isn-t-critical The timing of the Aramco IPO isn't critical, says oil minister, and will be delayed past 2019. Please post your best shocked faces here.

    • Rodent Replied
    • 1 reply
    • 1,633 views
  29. Tom Kirkman


    Hoo boy.  This Saudi Aramco IPO zombie nighmare has turned into a vampire story.  With money being sucked out of bloated, fabulously wealthy Saudi families...

  30. cv


    Saudis Take Iran's Oil Market Share Saudi Arabia ramped up oil production last month by the most this year, largely filling the gap created by...