If the oil price war between Saudi Arabia and Russia was really intended at destroying U.S. oil industry, then it is currently achieving its target.
Opinion & Commentary
The chart above shows electric vehicles’ market share for selected countries and how Norway seems to be leading the way in the transition to zero emission vehicles and…
- Opinion & Commentary
Commentary: The Journey of US Light Tight Oil Production Towards a Financially Sustainable Business
The developments in the US tight oil sector have been extraordinary. From an almost negligible level of production at the end of previous decade, the US oil supply…
Why the Oil Price Matters Knowing the future price of oil is important for countless people and for countless reasons. As an individual, if you knew the oil…
By now, everyone knows that OPEC has settled on the outline of an agreement to cut its oil production for first time since the height of the global…
News of OPEC’s output freeze talk helped oil prices rally spectacularly last week One of the key factors that supported oil prices recovery in the last few weeks…
It is over a year now since OPEC declared its market-share cold war against shale oil producers back in 2014, yet the cartel still can’t declare “mission accomplished”…
Everyone in the oil industry wants to see high oil prices back, because everyone wants to make money. Oil producing countries want to make higher revenues, oil companies…
Who controls oil prices? Before 2015, the answer to this question would definitely have been OPEC. No one can deny the fact that OPEC had the upper hand…
As December is finally here -marking the end of 2015, the oil and gas industry continues to experience the consequences of one of the worst downturns of its…