Lets Talk Oil-(CLOSED)

[Lostpuppy]

One of the worlds largest incentives to battle over. Now over a century.
We can review about history and reflect on currents affairs. But who is making the money, why would it motivate any country to go to war over.
Sons and daughters die over it!
Lets chat!
Guyana oil seems secure now

How America’s Action in Venezuela Guaranteed Guyana’s Oil Future | OilPrice.com

U.S. intervention in Venezuela secured the vast petroleum wealth of Guyana's offshore Stabroek Block, fueling a rapid economic transformation that is making the South American nation one of the world's richest.

oilprice.com

 

[Irag8er]

'Bigger ramifications than Venezuela': Markets brace for impact after U.S. strikes Iran

Investors are bracing for impact after the U.S.'s attacks on Iran, a move they see as carrying far larger market consequences than the Venezuela campaign.

www.cnbc.com

 

[Irag8er]

Navy Can't Guarantee Ship Safety in Persian Gulf After Iran Strikes

The U.S. Navy admitted it cannot guarantee merchant ship safety across the Persian Gulf after U.S.-Israeli strikes on Iran triggered immediate retaliation. Oil majors have suspended shipments through the Strait of Hormuz.

gcaptain.com

 

[Lostpuppy]

Navy Can't Guarantee Ship Safety in Persian Gulf After Iran Strikes

The U.S. Navy admitted it cannot guarantee merchant ship safety across the Persian Gulf after U.S.-Israeli strikes on Iran triggered immediate retaliation. Oil majors have suspended shipments through the Strait of Hormuz.

gcaptain.com

I am watching Shiptracker AIS, I think you could see that when few to no new arrivals happen, the impact will increase,

lots of ships still,

I would not want to be on the insuring side of the bill.
That said , isurance companies will profit from those who want passage…

 

[Irag8er]

BREAKING: President Trump Fox comments on the Strait of Hormuz and oil market situation:"I'm not concerned about anything," he says.

https://twitter.com/x/status/2028133997956436226

 

[Lostpuppy]

I’m ok too, price of oil goes up , my oils stocks do too I’m not concerned either.
but…..

for your Sunday reading, awaiting the OPEC meeting next,

way more on the attached site, I like drilling

The bigger concern is the impact on the consumer. Food, trucking fuel, farm costs, plastics manufacturing, I cango on but…. feeling tariffs, taxes, higher cost of living….
Big corporate will make big money anyone with their invested wisely before the escalation occured reaps nice rewards,

Bottom line some care……. some arn’t concerned. Who will you be?

OPEC+ Weighs Shock Output Surge as Iran Conflict Rattles Oil Markets | OilPrice.com

OPEC+ is preparing to consider a significantly larger oil output increase at its meeting on Sunday, as escalating military conflict involving Iran threatens energy flows across the Middle East.

oilprice.com

US Oil Drilling Activity Slows as Oil Prices Jump | OilPrice.com

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 550 this week

oilprice.com

Venezuela Suspends 19 Oil Production Contracts | OilPrice.com

Venezuela has suspended 19 production-sharing oil agreements while reviewing foreign participation under a newly amended hydrocarbons law.

oilprice.com

Lets hope this war wraps sooner than later, Keep the troops safe!

 

[Lostpuppy]

UKMTO maritime information

https://www.ukmto.org/-/media/ukmto/products/20260301-ukmto_warning_006-26.pdf?rev=9d1c1ddefec042958c7373fcc32a0a23&download=true

 

[Onoya]

Well, i guess it's already rising, diesel is not at 1.7€ per liter in my area (south France), it was 1,6€ 1 week ago

 

[Lostpuppy]

Well, i guess it's already rising, diesel is not at 1.7€ per liter in my area (south France), it was 1,6€ 1 week ago

Sorry , i understand now1.7/ litre, qui?

6.44/US gal

 

[Onoya]

Sorry , i understand now1.7/ litre, qui?

i don't understand your answer?

 

[Lostpuppy]

i don't understand your answer?

i was asking clarity, its gone up then, reading last week 1.6/

 

[Onoya]

i was asking clarity, its gone up then, reading last week 1.6/

Exact, last week was at 1.6€/l and today, it's at 1.7/l

I was confused in your last answer because you used "qui", which means "who" in french XD

 

[Lostpuppy]

Exact, last week was at 1.6€/l and today, it's at 1.7/l

I was confused in your last answer because you used "qui", which means "who" in french XD

Je besoin beaucoup practise

I need lots of practise

 

[Lostpuppy]

Je besoin beaucoup practise

I need lots of practise

and my grammer is equally as bad, I stick to english

 

[Irag8er]

https://twitter.com/x/status/2028244591493722621

 

[Gargolu]

if you don't know there is a web site called gasbuddy to clarify answers.

 

[Lostpuppy]

if you don't know there is a web site called gasbuddy to clarify answers.

Thank you , yes a great site,
Tomoros furtures are going up
If you havnt got a couple of jerry cans laid up, could be a good idea, if you want to save money.

 

[Lostpuppy]

https://twitter.com/x/status/2028244591493722621

thats what i am saying

 

[Lostpuppy]

Shipping Costs Surge as Insurers Drop War Risk Protection in Gulf​

Shipping Costs Surge as Insurers Drop War Risk Protection in Gulf | OilPrice.com

The world's biggest maritime insurers are terminating war risk coverage for vessels in the Persian Gulf and Strait of Hormuz effective March 5 due to the escalation of the conflict in Iran, which is expected to cause a significant increase in insurance premiums for shippers.

oilprice.com

 

[Lostpuppy]

Hot off the press! Current markets, Oil up 7% across the board commodity prices.

Commodities - Live Quote Price Trading Data

Trading Economics provides data for several commodities including live bid/ask quotes, last trading prices, forecasts, charts with historical time series and news. This table was last updated on Wednesday, April 29, 2026.

tradingeconomics.com