Monday, April 24, 2017

Comments not related to petroleum in this thread, please. Source link

Oil priceAs predicted, the oil market was very quiet on thursday with few positions being taken ahead of the weekend especially with events in North Korea warming up. New oil rigs...

So the latest news from the bigwigs at OPEC is that Nigeria's crude oil production has fallen from 2 million barrels per day to around 1.27 million. This sounds like bad...

In recent years, U.S. shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC's production cuts, geopolitical...

Oil priceDefinitely a pre-holiday sort of day in crude markets yesterday, marked down from the start as traders were unwilling to carry too many long positions over the weekend, even the...

This week, with a single stroke of a pen, President Trump rolled back eight years of Obama-era rules and directives designed to combat climate change. While Mr. Trump has yet to...

The OPEC Monthly Oil Market Report is out with OPEC’s crude oil production numbers for March 2017. All data is through March 2017 and is in thousand barrels per day. Looking at the above chart...

Before I get into the meat of my post, I want to take this opportunity to express my deepest condolences to Ron on the loss of his wife last week. I...

What management skills are missing in the upstream business today? According to a recent paper by WBC Training, innovation, collaboration and the ability to plan for the long-term are the key...

Oil priceI should go away more often, last week the oil price rallied further, WTI being up $1.64 and Brent +$1.71. The reasons are two-fold, obviously the US involvement in Syria...
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