Showing posts with label Venezuela. Show all posts
Showing posts with label Venezuela. Show all posts
Friday, December 27, 2019

American Shale Oil In High Demand

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The narrative a while back was that the world would face a shortage of heavy crude because sanctions on Iran and Venezuela had reduced produ...
Monday, January 28, 2019

Will Crude Oil Find Support Above $50 Dollars?

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Recent global news regarding Venezuela, China, and global oil supply/production have resulted in the price of crude oil pausing over the pas...
Monday, November 14, 2016

A Chicken in Every Pot

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By Jeff Thomas That’s a pretty powerful statement. Is it historically supportable? Let’s visit a current example – Venezuela – to examine ...
Tuesday, August 18, 2015

This “Pig” Just Made a Massive Bet on Gold

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By Dan Steinhart Stan Druckenmiller is going big on gold. Druckenmiller is one of the world’s most successful and respected traders. As ...
Friday, April 19, 2013

Fridays Earnings...Schlumberger and Baker Hughes SLB BHI

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Schlumberger ( SLB ) reports 1st quarter EPS of $1.01, beats by $0.02. Revenue of $10.67B misses by $0.08B. “The outlook for North Americ...
Tuesday, March 27, 2012

Nearly 69% of U.S. Crude Oil Imports Originated From Five Countries in 2011

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 The amount of crude oil the United States imported from its top five foreign suppliers—Canada, Saudi Arabia, Mexico, Venezuela, and Niger...
Wednesday, December 14, 2011

OPEC Agrees to 30 Million Barrel Output Limit

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OPEC decided to increase its production ceiling to 30 million barrels a day, the first change in three years, moving the group’s supply targ...
Wednesday, September 28, 2011

Rigzone: Crude Oil Diplomacy to the Rescue? Cuban Drilling off Keys to Begin by Year End

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For 51 years the U.S. has imposed an economic embargo against Cuba, severely crippling the island's economy for its effrontery in choosi...
Thursday, December 2, 2010

OPEC Expected to Keep Oil Production Quota Unchanged

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OPEC will probably keep its production quota unchanged when it meets on Dec. 11 in Ecuador, ministers from Angola, Venezuela and Libya said....
Saturday, October 9, 2010

Iraq Raises Crude Oil Reserve Estimates

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Iraq raised its estimate of crude oil reserve, by +24%, to 143.1B barrels, making it the third largest reserve in the world, after Saudi Ara...
Wednesday, September 15, 2010

Only a Handful of Investors Truly Understand

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Think of it as light heavy oil, thick and gooey enough that it needs a pump to get out of the ground, but not so thick that it needs expensi...
Tuesday, September 8, 2009

Venezuela, Iran Ink Oil Invest Deals for South Pars, Dokobuki Field

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Iran and Venezuela signed three oil deals Sunday during a Venezuelan presidential visit as the Islamic republic tries to mitigate the risk o...
Sunday, July 19, 2009

Cuba Begins Expansion of JV Refinery with Venezuela

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The Cuban authorities have begun the expansion of the storage capacity of a Cuban-Venezuelan refinery, local media reported Thursday. Cuban ...
Sunday, June 28, 2009

Venezuela to Borrow to Pay Oil Debts

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Venezuelan Oil Minister Rafael Ramirez' announcement that the state will borrow more money to help pay off national oil company debts fo...
Tuesday, June 23, 2009

Oil and Gas Rise on Dollar Weakness, OPEC Wants $80 a Barrel

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"Oil, Gasoline Rise as Dollar Drop Boosts Appeal of Commodities" Crude oil rose more than $1 a barrel and gasoline climbed for the...
Friday, May 22, 2009

Crude Oil Rises As Dollar Continues To Show Weakness

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"Crude Oil Rises as Dollar Drops Against Euro, Equities Gain" Crude oil rose as the dollar fell to a four month low against the eu...
Monday, April 6, 2009

Crude Oil Declines As Stocks Fall

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"Crude Oil Falls for a Second Day as U.S. Equities Decline" Crude oil fell for a second day in New York as U.S. stocks declined o...
Thursday, March 26, 2009

The Battle Insues, Obama and Oil Industry

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"Oil, Gasoline Rise as Gains for Equities Signal Strengthening Fuel Demand" Crude oil rose to the highest in almost four months ...
Wednesday, March 4, 2009

NYMEX Crude Up On Surprise EIA Draw, China Stimulus Boost

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"NYMEX-Crude up on surprise EIA draw, China, OPEC" U.S. crude futures held gains above $3 late Wednesday morning, after government...
Friday, January 30, 2009

Crude Oil Industry Headline News

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"Total in Fresh Talks with Venezuela on Expanding Ops" Total is in fresh talks with the Venezuela government about expanding its o...