US Oil Rig Count Growth: The number of active rigs drilling for oil in the US increased by 11 rigs last week, bringing the total number of rigs…
Why OPEC/non-OPEC oil producers are determined to continue to support oil price recovery despite shale oil production growth? It is because: 1-Â OPEC/non-OPEC oil producers will make more revenue…
Apparently, not only OPEC members are in a “Wait & Watch” state to see how the current oil market unfolds -while keeping a close eye on shale oil…
- Oil Market Insights
OPEC MOMR Report: The Cartel Admits Shale Oil’s Threat to Oil Market and its Members Choose to Ignore
In January 2018, during an Energy Panel in Davos, Khalid Al-Falih, Saudi Arabia’s energy minister criticized the International Energy Agency (IEA) over its remarks that the explosive expansion…
- Outlooks & ForecastsStudents & Young Professionals
2018 Oil Market Overview and An Advice to Young Professionals and Fresh Grads
2018 Oil Market Overview The last time I wrote an article on the state of the oil and gas industry and why oil and gas young professionals, fresh…
Since the United States lifted its ban on crude oil exports on December 2015, after the Congress voted to put an end to the 40-year-old export ban, U.S.…
- Alahdal's Insights
OPEC Members Did Not Learn the Lesson and the Result Could Trigger Another Oil Price Collapse
Many players in the oil market learnt an important lesson out of 2014 oil-price-collapse and the oil market downturn, that is; Act Fast and Adapt, which many of…
U.S. crude oil production continues to grow, and it continues to surprise everyone on its accelerating growth momentum to the fact that many oil market watchers, including the…
Brent crude and WTI started the week on February 5, approximately around $68.23 per barrel and $65.14 per barrel respectively. However, today -Thursday, February 8- both global benchmarks…