Crude oil


All posts for Crude oil

Stronger Oil and Natural Gas Prices Combined with Development of Shales and Low Permeability Formations Lift U.S. Crude Oil and Natural Gas Proved Reserves to Record Levels in 2017

Stronger oil and natural gas prices combined with development of shales and low permeability formations lift U.S. crude oil and natural gas proved reserves to record levels in 2017 Proved reserves of crude oil in the United States increased 19.5% from year-end 2016, rising to 39.2 billion barre ...

OilVoice Press - OilVoice


Posted 8 months agoOpinion > Oilnatural gasoil price +5

Oil & Gas - A Glitch in the Matrix

Oil & Gas A Glitch in the Matrix Bottom Line: Crude oil prices have plummeted over the last month due to concerns of oversupply and deteriorating demand. We believe that crude oil prices have overshot to the downside and that supply and demand concerns are somewhat overdone; that said, it ...

OilVoice Press - OilVoice


Posted 8 months agoOpinion > BMO Capital MarketsOilCrude oil +1

Overview of Physical Crude Oil Trading and Operations

Overview of Physical Crude Oil Trading and Operations is a two-day instructor-led course presented by the energy training experts at Mennta Energy Solutions. This course provides an introduction to the trading of physical crude oil. Delegates will gain an understanding of the knowledge possessed by ...

Ayesha Varshney


Calgary   AB   CA 17 Jun 2019


Posted 8 months agoTraining > MenntaMennta Energy SolutionsCrude oil +2

Overview of Physical Crude Oil Trading and Operations

Overview of Physical Crude Oil Trading and Operations is a two-day instructor-led course presented by the energy training experts at Mennta Energy Solutions. This course provides an introduction to the trading of physical crude oil. Delegates will gain an understanding of the knowledge possessed by ...

Ayesha Varshney


Singapore     SG 06 May 2019


Posted 8 months agoTraining > Menntamennta energy solutionCrude oil +2

Overview of Physical Crude Oil Trading and Operations

Overview of Physical Crude Oil Trading and Operations is a two-day instructor-led course presented by the energy training experts at Mennta Energy Solutions. This course provides an introduction to the trading of physical crude oil. Delegates will gain an understanding of the knowledge possessed by ...

Ayesha Varshney


Houston   TX   US 25 Feb 2019


Posted 8 months agoTraining > MenntaMennta Energy SolutionsCrude oil +2

FACTBOX: US Imposes Sanctions on Iranian Crude Exports – S&P Global Platts

US sanctions against Iranian crude exports went back into effect Monday, although top buyers of Iranian crude were given temporary waivers until May, when they will be expected to cut purchases significantly. Oil prices climbed Monday as the sanctions kicked in, but price increases were limited by ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > United StatesUSAIran +8

U.S. Monthly Crude Oil Production Exceeds 11 Million Barrels Per Day in August

Source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude oil production reached 11.3 million barrels per day (b/d) in August 2018, according to EIA's latest Petroleum Supply Monthly , up from 10.9 million b/d in July. This is the first time that monthly U.S. p ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > USACrude oilOil +5

Mexico's Crude Production is Destined to Plummet in the Long Run if the New Government’s Strategy Focuses Only on Pemex, says GlobalData

Following the news that Mexico's new government will focus only on Pemex to support crude oil production, David Bautista, Oil and Gas Analyst at GlobalData , offer his view on the effect of this on the industry: “In order to reach the 2,480 thousand barrels per day (mbd) crude oil pro ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > MexicoPemexGlobalData +3

Oil Markets Recover From Panic Attack but Prices Will Go Lower

Crude markets had a panic attack in August and September that sent prices soaring. Sanity is now returning. Prices have fallen but are likely to move even lower over the next few months. The panic attack was caused largely by Trump's August 7 announcement that sanctions would be re-imposed on Iran ...

Art Berman - The Petroleum Truth Report


Posted 9 months agoOpinion > Oiloil priceCrude +5

Resumption of Iran Sanctions Adds Uncertainty to Crude Oil and Gasoline Price Forecasts

Source: U.S. Energy Information Administration, Short-Term Energy Outlook , October 2018 EIA's October 2018 Short-Term Energy Outlook (STEO) forecasts Brent crude oil spot prices, which averaged $79 per barrel (b) in September, to average $81/b in the fourth quarter of 2018, before fall ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > IranIslamic Republic of IranSanctions +11

Iran Has Produced and Exported Less Crude Oil Since Sanctions Announcement

Source: U.S. Energy Information Administration, Short-Term Energy Outlook , October 2018; ClipperData Note: Liquid fuels production includes crude oil, lease condensate, hydrocarbon gas liquids, biofuels, and refinery processing gain. Iran's crude oil exports and production have declined ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > EIAEnergy Information Administration EIAIran +6

The Changing U.S. Energy Trade Balance is Still Dominated by Crude Oil Imports

Source: U.S. Energy Information Administration, based on U.S. Census Bureau Export and Import data During the past decade, the U.S. trade gap for energy products has narrowed. From 2003 to 2007, the value of energy imports was about 10 times greater than the value of exports. By 2017, import ...

OilVoice Press - OilVoice


Posted 10 months agoOpinion > United StatesUSAEnergy +7

Touchstone Exploration - OPERATIONAL UPDATE - Touchstone Continues to Grow as it Hits Initial Production Milestone of 2,000 bbls/d

Touchstone continues to grow as it hits initial production milestone of 2,000 bbls/d   Calgary, Alberta – October 11, 2018 – Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX / LSE: TXP) announces an operational update.  Highlights Delivered average field estimated crude oil ...

OilVoice Press - OilVoice


Posted 10 months agoPress > Touchstone ExplorationOperational UpdateProduction +2

The United States Continues to Increase Production of Lighter Crude Oil

Source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production As domestic production continues to increase, the average density of crude oil produced in the United States continues to become lighter. The average API gravity—a measure of a crude oil's density ...

OilVoice Press - OilVoice


Posted 10 months agoOpinion > EIAEnergy Information Administration EIAUnited States +5

How Commodities Will Perform in the 'Impending Massive Credit Crunch

Technical analyst Clive Maund looks at the factors that he sees are behind a massive credit crunch and discusses how the markets could react. An enormous "sword of Damocles" hangs over all markets now. A massive liquidity drain is underway as global QE reverses into QT and rates rise aga ...

OilVoice Press - OilVoice


Posted 10 months agoOpinion > Streetwise ReportsCommoditiesOil +2