Tag Archives: Oil Price

Iran wants to see $60 a barrel to rein in shale producers. while Saudi Arabia’s budget needs $70.

U.S. shale production is going to continue growing strongly.

Saudi Arabia is undergoing a truly seismic shift in its economy. politics. and society. all thanks to the oil price crash of 2014.

For now. it does not seem likely that OPEC will emerge as a black swan to the oil market this year.

The Saudis are seeking a bridge price. to get you where you’re comfortable with deeper reform.

Oil companies have complained that the continued production cuts interfered with their growth plans.

The market is only expected to return to balance towards the end of this year.

UAE-based firm plans investment of $1b to boost gas production to 500m cubic feet by 2020

The weaker dollar boosts U.S. exports. supporting shale producers.

Chevron'.s downstream segment earned $1.3 billion for the quarter. up from $357 million in the year-ago quarter.