I noticed the growing gap between the reality and recently published reports forecasting a brighter future which will uplift crude oil prices to a healthy level. It wouldn’t be an issue if not one detail. […]
What Is The Real Reason For OPEC’s Continuous Efforts to Improve Oil Price by Production Cuts When It Is Clear That Isolated Efforts Are Unlikely To Be Effective.
In my comments to the Article published by Business Insider regarding signs that OPEC’s would most likely to extend production cuts agreement, I indicated that efforts of OPEC alone are unlikely to lead to improvement […]
Producers in the Permian shale basin tend to be hedging at lower prices than rivals centered on less-attractive basins such as the Bakken and Eagle Ford basins. The chart below shows the proportion of 2017 […]
BOE Report: A pioneer of the U.S. shale revolution wants to take fracking to America’s final frontier. Success could help revive Alaska’s flagging oil fortunes. Paul Basinski, the geologist who helped discover the Eagle Ford […]