The natural gas rig count remained unchanged with a total of 169 this week.
Read More »US Oil Rig Count Jumps by 9. Price up More Than 2% for the Week
The natural gas rig count remained unchanged with a total of 169 this week.
Read More »Is Saudi Arabia Lying about Its Oil Inventories?
Orbital satellite data suggests that Saudi Arabia’s crude oil inventories have risen slightly since early 2016.
Read More »Citi: Don’t Expect OPEC to Extend Production Cuts
The higher the price goes in the short run the more difficult it will be to return the oil taken off the market.
Read More »Big Oil Back To Boosting Shareholder Returns
As the higher oil prices and the cost cuts resulted in strong cash flows for Big Oil. the companies are now trying to reward their shareholders.
Read More »Venezuela’s Rig Count Is at a 14-Year Low
Venezuela lost the top spot to Brazil amid triple-digit inflation. unpaid debts to oil-service companies and lack of investment.
Read More »OPEC Prepares For Peak Oil Demand in Late-2030s
Oil demand could peak in the 2030s if the electric car boom proceeds as promised by the world’s green energy innovators. according to OPEC.
Read More »Total Officially Set in Motion to Start Iran Project
Total would be the first major Western enterprise to invest in Iran’s energy sector after the removal of sanctions against the country in 2016.
Read More »Iran`s Oil Price Passes $60
Iran'.s oil production is about 3.9 million barrels a day. including the 2.2 million barrels exported.
Read More »Iran Could Replace Ceyhan for Kirkuk Oil
According to Oil Minister Bijan Namdar Zanganeh. negotiations are underway with Iraq to develop three joint oilfields.
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