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Don’t Listen To The Analysts: The Rig Count Still Matters

Don’t Listen To The Analysts: The Rig Count Still Matters

As the rig count dropped but oil production increased many analysts wrongly insinuated that shale technology is making the rig count all but obsolete. It still very much matters

1 day ago
Does The U.S. Really Need A Strategic Petroleum Reserve?

Does The U.S. Really Need A Strategic Petroleum Reserve?

The U.S. became one of the top oil producers in the world after the shale boom, and now with oil prices below $50, experts are questioning what the value of its strategic petroleum reserve is

1 day ago
Saudi Arabia’s Oil Storage Falling As Exports Exceed Production

Saudi Arabia’s Oil Storage Falling As Exports Exceed Production

While the U.S. has seen several weeks of falling inventory levels, the Saudi oil inventories have been largely overlooked, with a record breaking 6 consecutive months of falling storage figures

1 day ago
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