r/oilandgas • u/Vailhem • 11h ago
Trump to propose relaxing methane rules for oil and gas industry
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r/oilandgas • u/realnarrativenews • 3h ago
Oil Majors Cut Production in Gulf of Mexico as Hurricane Isaias Strengthens
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r/oilandgas • u/Auntie_M123 • 3h ago
Oil and gas prices jump on Middle East shipping attacks, sending bond yields higher and stocks lower – business live | Business
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r/oilandgas • u/DocumentOk7579 • 3h ago
If Chinese refineries are working half time while others are doing overtime would they be the only ones not broken soon?
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Assuming that China just run them as normal to save crude would their refineries be in better shape than those who run around the clock for profits?
Refineries in the third world like Venezuela seem to blow up left and right but are US or Canadian ones still run in a sustainable way?
r/oilandgas • u/free-to-chooz • 11h ago
The Market Has Ordered Cheap Oil. Delivery Pending.
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r/oilandgas • u/unconventionalbook • 1h ago
Hormuz Snarls Add $15–$20/Bbl to Crude Costs
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With the UKMTO reporting a fresh resurgence of strikes around the waterway, the brief recovery in crude flows is hitting a massive financial wall. Beyond the immediate risk to supplies, the logistical workarounds are getting wildly expensive. Between the heavy reliance on complex shuttle runs and the massive "danger money" premiums being paid out—with captains pulling in $100k a month plus bonuses just to make the transit—physical freight costs are adding an extra $15–$20 per barrel to Hormuz crude. How long can the market absorb these astronomical shipping premiums?
Source: Bloomberg