Oil & Gas

As US oil output increases, a threat to oil prices sustainability above $50/bbl grows. Last week, US crude oil output increased by 79,000 bbl/day to reach 9,502,000 bbl/d. …

As Baker Hughes reported a decline in US oil rig count by 5 rigs to 763 this week, oil price jumped by more than 3 percent closing the …

What is the main reason for the current downturn in the oil and gas industry? The first answers that come to mind are: Shale oil, OPEC’s decision not …

Unless Libya and Nigeria join the other OPEC and non-OPEC countries in cutting their oil output, and OPEC puts strict measures to ensure the compliance of the participating …

1. Why We Are Looking at Development Cost The collapse in oil price since mid-2014 has affected the oil and gas industry more deeply than many industry participants …

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 …

Oil Prices Fall on Iraqi Comment & A Spike in US Dollar Crude oil prices fell below the market threshold of $50 per barrel this week as expected …

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 …

Is there really a positive side for low oil prices? Yes there is, it is just that not many people can read between the lines and look at …

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 …