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 […]
S&P Global published report titled “Industry Top Trend 2017” which indicates that rating trends across the energy sector continue to stabilise. The sub-sectors with the highest percentage of negative outlooks […]
What is behind Tillerson’s statement on upcoming “comprehensive review” to determine the U.S. strategy on Iran?
The statement made by Secretary of State regarding Trump’s administration intent to conduct “comprehensive review” on Iran, initially seemed to be surprising. I could not understand why would the U.S. […]
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 […]
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 […]
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 […]
According to Bloomberg, the boom looks like it’s back. The number of oil and gas rigs drilling in the U.S. has almost doubled since bottoming out at the lowest level […]