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Oil Slides As Russia Plans To Raise Production

Oil Slides As Russia Plans To Raise Production

Reports that Russia plans to…

The Risky Road To Oil Demand Recovery

The Risky Road To Oil Demand Recovery

Oil demand is rebounding quickly…

Energy / Crude Oil

Latest Numbers Reveal The Bakken Is Close To Peaking

Dec 23, 2014 at 17:18 | Ron Patterson

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…

If Shell Backs Out, Arctic Oil Off the Table for Years

Dec 22, 2014 at 16:12 | Nick Cunningham

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…

British Oil Industry On The Verge Of “Collapse”

Dec 19, 2014 at 17:19 | Nick Cunningham

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…

OPEC Calls For Widespread Production Cuts

Dec 19, 2014 at 16:59 | Andy Tully

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…

Texas Railroad Commission October Oil & Gas Report

Dec 19, 2014 at 16:42 | Ron Patterson

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…

The Latest Hot Spot For Offshore Oil

Dec 19, 2014 at 14:00 | Editorial Dept

  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.…

Subtle Signs Emerging That A Bottom Is Near

Dec 19, 2014 at 13:45 | Jim Hyerczyk

Crude Oil OutlookOversupply continued to make it hard for…

Violence In South Sudan Threatens Chinese Oil Investment

Dec 18, 2014 at 17:29 | Global Risk Insights

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,…

Bakken And North Dakota Production Report

Dec 15, 2014 at 15:17 | Ron Patterson

The North Dakota Industrial Commission just published their Bakken Monthly Oil Production Statistics and also their ND Monthly Oil Production Statistics.

Mexico Proceeds With Oil Auction Despite Low Oil Prices

Dec 12, 2014 at 15:31 | Nick Cunningham

Even with oil prices hitting five-year lows, Mexico has decided to move forward with its historic auction of offshore oil tracts. President Enrique Pena Nieto followed through on a 2012…

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