High Costs Are Pushing Investors Away From The Permian
The red-hot Permian Basin has…
Why The United States Rules Oil Prices... Not OPEC
Consumers will enjoy lower prices…
Energy / Oil Prices
Have Hedge Funds Set Oil Markets Up For A Rebound?
Hedge funds and other major investors have soured on oil prices, and the pessimistic turn has corresponded with the deep selloff in recent weeks. Since the beginning of June, the…
The Eagle Ford Rebound Needs $48 Oil
The oil price crash that started in 2014 has affected not only corporate profits and drilling plans. It has had a huge economic impact on the areas around the U.S.…
Statoil Economist Predicts $60 Oil “Relatively Soon”
Oil prices will jump over $60 “relatively soon,” according to Statoil chief economist Eirik Waerness, who spoke to Bloomberg on Monday. According to Waerness, $60 barrel is unlikely to…
Gloomy Outlook Sees Hedge Funds Turns Bearish On Oil
Hedge funds slashed their bets on the three main long oil futures contracts by 109 million barrels in the week that ended on June 20th, according to a new report…
Oil Prices Inch Higher As Saudi Crude Oil Loadings Drop
We discussed back in early May how Saudi Arabian crude export loadings in April had dropped materially. Given the journey time to US shores (hark, seven-ish weeks), the expectation was…
Goldman Sachs: Oil Crash Unlikely To Continue
The current selloff in energy stocks is but an opportunity for buyers, according to a Thursday note from Goldman Sachs’ European energy team, who added that current prices are…
Are We About To See A Short Covering Rally In Oil?
August Crude Oil Futures Profit-takers and bargain-hunters are helping to prop up crude oil prices from 10-month lows late in the week. Aggressive counter-trend investors may be buying relatively cheap…
OPEC Oil Basket Falls Below WTI
The price of OPEC’s oil basket, which is made out of 14 different blends, fell to US$42.58 a barrel yesterday, below the closing price of West Texas Intermediate for…
High Costs Are Pushing Investors Away From The Permian
High acreage costs beginning to affect economics in the Delaware The Permian has enjoyed a rush of capital since oil prices began to recover from a low of $26.21 in…
Is There Still Hope For Higher Oil Prices?
Oil prices have cratered in recent weeks, dipping to their lowest levels in more than seven months and any sense of optimism has almost entirely disappeared. All signs point to…
