1. Haven't been here for a while. But back when oil was trading in the 50s I said unless we have some serious escalation with...


  2. Libya oil production is dropping by 800 kb/d (total Libya production currently almost 1.2 MMb/d) as militia’s loyal to General Haftar have shut pipeline(s)...


  3. May as well.  Looks like the bleeding has stopped for now.  We should be at or around various support lines.  Oil broke above 60...


  4. The WSJ headline amuses me. What exactly is the "faith" of Oil Traders?  Hail Mary Throws?  Magic 8 Ball?  Goat Entrails? Oil Traders Lose Faith in...


  5. 13% position.  


  6. Imagine what $6 Trillion spent on domestic U.S. priorities could accomplish. Rebuild infrastructure as in bridges, roads, schools, housing, etc. I am all for peace...


  7. Why Brent-Duri differential price has reversed? 
      

  8. crude price

    Can someone comment as to why Indonesian DURI Crude Price is the highest amongst all International Crude Oil Price


  9.   TOTAL CRUDE and PRODUCT EXPORTS 10.134 Million/day.  U.S. Imports of Crude and Products continue to decrease.  U.S. Crude Exports limited only by export terminal facilities. Look...


  10. Hai Everyone Anyone here Trade OIL? if yes, Do you guys depends on Fundamental or 100% Technical?  Looking forward to hear from you guys 
      

  11. wti crude

    What about market observation up or down?


  12. Continue trend as usual.  Don't expect anything new. My calculation OPEC+ cuts are an illusion.  Oil supply out grows the increased demand 2020. Many traders see...


  13. Dec 22 2019      I'll be using a 4-week average of EIA data ending tbe second week of December to compare the Supply/Demand for...
      


  14. Dec 20 2019 WTI sold off today 81 cents or 1.32%. This was confirmed as the OSDs sold off much more significantly. They will always...


  15. When Trump or his surrogates discuss the Phase 1 terms they include Oil/Gas in addition to agriculture. Could be good for WTI .  .  ...


  16. Guyana in South America might be getting a bit of spotlight in the global oil & gas biz.  It's not often that an opportunity is...


  17. SAUDI ARABIA TOLD OPEC THEY PRODUCED 9.7 Million Barrels/Day all of 2019.  ARAMCO AUDITED FINANCIAL STATEMENT SAID PRODUCED 10 Million BARRELS/DAY 2019 . . . LOWER...


  18. https://m.economictimes.com/markets/commodities/views/opec-deal-isnt-worth-the-paper-its-written-on/articleshow/72674088.cms " .   .  that appeared to indicate that OPEC+ output would be slashed by a very substantial 900,000 barrels a day .  ....


  19. https://www.wsj.com/articles/investors-doubt-opec-cuts-can-boost-oil-prices-11576501200


  20. https://www.cnbc.com/2019/12/13/us-markets-may-see-a-correction-if-democrats-sweep-2020-goldman-sachs.html 


  21. Apparently an agreement in principle.   Apparently China wants to stem the loss of supply chain . . .  They also NEED U.S.  pork (swine disease)...


  22. API estimate came out as a build of 4.92 mb as demand continues to wane. Last week there was a build of 3.5 mb...
      


  23. Saudis issued 1.5% of Aramco equity.  With 1% to institutions and .5% to retail. Saudi institutions and couple foreign institutions (UAE , Kuwait , etc)...


  24. Doesnt mean so  The increased volume is not all NAKED Longs It's hedged  I put a "Collar" on these prices. Waiting on China Trade news. If good news...


  25. I . . . LOWER PRICES ONLY MONTHS AWAY when Investors realize Saudis never cut and NonOpec supply increases 2.26 million bbls/day in 2020.  *  Saudis produced...
      


  26. Estimates for US GDP growth rate are slowly approaching 0% with each new estimate. The current GDP estimate is .5% issued by the Federal...


  27. There are different kinds of oil price movements. The first case, which today is only of historical interest, arises when oil prices in international...


  28. Let's look at the numbers. Oil crashed as algorithms linked to S&P  kicked in which made oil price crash October 1, 2018. The regular OPEC meeting...