http://www.worldoil.com WorldOil Shale boss Hamm gives oil forecasters a reality check http://www.worldoil.com/news/2017/11/16/shale-boss-hamm-gives-oil-forecasters-a-reality-check The boom in U.S. shale-oil production requires "more sophisticated" forecasting than ever, billionaire oilman Harold Hamm said in an interview. Crude oil trades near $57 as OPEC signals rebalancing could speed up http://www.worldoil.com/news/2017/11/13/crude-oil-trades-near-57-as-opec-signals-rebalancing-could-speed-up Oil traded near $57/bbl as OPEC boosted its projections for demand while the group’s top official signaled that producers should continue to curb output. Oil above $80 before Christmas? Some options traders think so http://www.worldoil.com/news/2017/11/10/oil-above-80-before-christmas-some-options-traders-think-so With oil prices trading near their highest level in two years, some traders are betting that the price rise could have more room to run. Oilpatch dealmakers agree to pay more later amid MandA slump http://www.worldoil.com/news/2017/11/7/oilpatch-dealmakers-agree-to-pay-more-later-amid-ma-slump ExxonMobil Corp.’s deal in January for a swath of Permian basin drilling real estate came with a sweetener for the sellers. The heirs of oil tycoon Perry Bass will get $1 billion in cash by 2032 -- if drilling goes well for Exxon. Oil prices will stabilize between $55-$60/bbl, says Apollo CEO http://www.worldoil.com/news/2017/10/25/oil-prices-will-stabilize-between-55-60bbl-says-apollo-ceo The head of Apollo Global Management LLC expects oil prices to stabilize between $55 to $60/bbl in the near term. ESAI Energy foresees the end of oil sands mega projects http://www.worldoil.com/news/2017/10/25/esai-energy-foresees-the-end-of-oil-sands-mega-projects ESAI Energy forecasts growth from the Canadian oil sands will be a substantial 250,000 bpd in 2018, but as producers face challenges associated with relatively high costs in a recovering oil price environment, oil sands projects in the next few years will be leaner and smaller. Investors jump back into fray as oil-market revival beckons http://www.worldoil.com/news/2017/10/23/investors-jump-back-into-fray-as-oil-market-revival-beckons Oil investors are back in the ring. OPEC says skeptics were wrong, balanced oil market in sight http://www.worldoil.com/news/2017/10/19/opec-says-skeptics-were-wrong-balanced-oil-market-in-sight OPEC and Russia have defied the skeptics and their production cuts have eliminated half the oil-inventory surplus, meaning the rebalancing of the market is accelerating, said Secretary-General Mohammad Barkindo. EIA: U.S. crude production to increase through year-end, setting up record 2018 http://www.worldoil.com/news/2017/10/16/eia-us-crude-production-to-increase-through-year-end-setting-up-record-2018 EIA forecasts that U.S crude oil production will average 9.4 MMbpd in the second half of 2017, 340,000 bpd more than in the first half of 2017. Production in 2018 is expected to average 9.9 MMbpd, surpassing the previous high of 9.6 MMbpd set in 1970, based on projections in EIA’s Short-Term Energy Outlook (STEO). EIA: Permian basin to drive fourth-quarter U.S crude production increases http://www.worldoil.com/news/2017/10/13/eia-permian-basin-to-drive-fourth-quarter-us-crude-production-increases In its Short-Term Energy Outlook (STEO) update released this week, EIA forecasts that U.S crude oil production will average 9.4 MMbpd in the second half of 2017, 340,000 bpd more than in the first half of 2017.