In its March DPR released…
The UK government is considering…
In 2008, as money rushed out of the oil market and prices continued to collapse, a bottom for oil was nearly impossible to find. But one commercial factor gave a…
When the general mood in a market is gloomy and the bears have the upper hand, even good news can get overlooked, or rather overpowered. For…
Another week, another impressive fall in oil prices. There have been a series of psychological thresholds through which oil prices have crashed over the past few months. In the beginning…
Ever since the Republican Party gained control of both houses of Congress, Mitch McConnell, then the Senate minority leader and now its majority leader, has promised repeatedly that approval of…
The most attention-grabbing attempts to predict oil futures have come from geologists and environmental activists, who tend to look solely at production. An overlooked doctoral thesis by Christophe McGlade,
Washington has expanded opportunities for US oil producers to export lightly processed crude, known as condensate, despite a ban that’s nearly 40 years old. The US Commerce Department’s Bureau of…
Low oil prices today may be setting the world up for an oil shortage as early as 2016. Today we have just 2% more crude oil supply than demand and…
The federal government is about to issue landmark regulations aimed at slashing methane emissions from oil and gas operations. The Environmental Protection Agency’s regulations could come along with several…
As hard as it may be to imagine, given today’s rock bottom oil prices and abundant supplies, the world may still struggle to bring enough oil online over the next…
British-based BP is negotiating with Russia’s Rosneft to buy a stake in an oil field in eastern Siberia, according to multiple sources with direct knowledge of the talks who spoke…
Tensions along the border between Democratic Republic of Congo (DRC) and Uganda have risen over the last decade,…
Crude Oil Outlook February Crude Oil futures have been drifting sideways since reaching a new contract…
It is has now been confirmed. The first measured 24 hour production from Bakken wells is a very good predictor of the future production of that well. And it has…
The next several months may be pivotal for the future of oil development in the Arctic. While Russia has proceeded with oil drilling in its Arctic territory, the U.S. has…
The United Kingdom’s oil industry is taking a beating from low oil prices, so much so that it is “close to collapse.” That comes from the head of the Association…
The oil ministers of two powerful OPEC members, Saudi Arabia and the United Arab Emirates, say they had no choice but to avoid cutting production to shore up oil prices…
The Texas Railroad Commission has updated their Oil & Gas Production Data Query to include the production numbers for October. The Texas data is always incomplete so the charts…
Oil prices may be lower than they have been in over a half decade, but that hasn’t slowed the interest in Canada’s oil reserves off of its east coast.…
Crude Oil OutlookOversupply continued to make it hard for…
On December 15, 2013, fierce fighting broke out in South Sudan’s capital, Juba. Rebel forces loyal to Machar targeted South Sudan’s oil fields,…