• 4 minutes Energy Armageddon
  • 6 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 12 minutes "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 8 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 17 hours "False Flag Planted In Nord Stream Pipeline, GFANZ, Gore, Carney, Net Zero, U.S. Banks, Fake Meat, and more" - NEWS in 28 minutes
  • 2 hours ""Green" Energy Is a Scam. It Isn't MEANT to Work." - By James Corbett of The Corbett Report
  • 9 hours Wind droughts
  • 6 days Kazakhstan Is Defying Russia and Has the Support of China. China is Using Russia's Weakness to Expand Its Own Influence.
  • 1 day Xi Is Set To Be Re-Elected As China’s Leader
  • 9 days Oil Prices Fall After Fed Raises Rates
  • 6 hours 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 2 days "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 53 mins Europeans and Americans are beginning to see the results of depending on renewables.
  • 7 hours Australian power prices go insane
  • 11 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
Scientists Aim To Unlock The Secrets Of Semiconductors

Scientists Aim To Unlock The Secrets Of Semiconductors

SLAC National Accelerator Laboratory scientists…

Another Disappointing Week For U.S. Oil Rigs

Another Disappointing Week For U.S. Oil Rigs

U.S. drillers remain cautious to…

Tom Kool

Tom Kool

Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com's Head of Operations

More Info

Premium Content

Oil Prices Fall Further As Saudis Boost Exports

For the first time ever, Oilprice.com is releasing its annual Top 50 Oil & Gas Companies report to readers. This 5-part series includes an in-depth financial and geopolitical analysis of each company, including their greatest strengths and biggest risks. This year, a limited number of our Global Energy Alert subscribers will get the chance to see which company topped the list!

(Click to enlarge)

(Click to enlarge)

(Click to enlarge)

(Click to enlarge)

- The number of drilled but uncompleted wells (DUCs) has continued to increase, rising to 8,504 as of February 2019, roughly 25 percent higher than a year earlier.

- The completion process includes “casing, cementing, perforating, hydraulic fracturing, and other procedures required to produce crude oil or natural gas,” as the EIA puts it.

- DUCs have climbed rapidly since 2016 due to multiple factors, including low oil prices; bottlenecks for a variety of services, such as frac sand or fracking crews; and pipeline constraints.

Market Movers

• Lion Point Capital, a hedge fund, disclosed a 6.3 percent active stake in Carrizo Oil & Gas (NASDAQ: CRZO) and said that shareholders of the E&P would benefit from a merger.

• BP (NYSE: BP) approved an expansion of its Thunder Horse project, which will add 50,000…





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News