Forecast
News
August 07, 2018
The pace of U.S. crude production growth might be slowing or at least that’s what the government is seeing for now.
News
July 16, 2018
In the July 2018 update of its Short–Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that Brent crude oil prices will average $73/bbl in the second half of 2018 and $69/bbl in 2019.
News
July 06, 2018
Oil investors may regret urging companies to cough up cash now instead of investing in growth for later as the dearth of exploration is setting the stage for an unprecedented crude price spike, according to Sanford C. Bernstein & Co.
News
June 26, 2018
Strong demand growth from China, greater industrial demand, and rising supplies from the United States, will transform global natural gas markets over the next five years according to the International Energy Agency's latest market forecast.
News
June 13, 2018
During the opening day, Tuesday, of this year’s Global Petroleum Show in Calgary, the Canadian Association of Petroleum Producers (CAPP) released its 2018 Crude Oil Forecast, Markets and Transportation report.
News
May 16, 2018
The International Energy Agency cut forecasts for global oil demand growth in 2018 as the highest prices in three years put a brake on consumption.
Article
March 2018
A “new world order” of oil production begins to emerge
Article
February 2018
Outside of the U.S., a global recovery is on the horizon for the upstream oil and gas industry.
Article
February 2018
The number of active, producing U.S. gas wells slipped 1.6% last year, from 501,535 to 493,421, although, according to the EIA, the country’s gross gas withdrawals hit an 11-year high at 95.8 Bcfd last November.
Article
February 2018
Shale operators are increasing U.S. crude production in response to oil prices that are, so far, trending more favorably this year, due largely to decisions by OPEC and Russia to curb production.
Article
February 2018
With oil prices on the rise in 2017, operators added drilling rigs back to many areas of the U.S.
Article
February 2018
U.S. operators are forecast to increase upstream activity, as oil and gas production rises with crude prices.
Article
February 2018
The last 12 months in Washington, D.C., have been incredibly positive for the U.S. oil and gas industry.
Article
February 2018
Record laterals help feed new pipelines, plants
Article
February 2018
Keeping the caution in our optimism
Article
January 2018
Seven items that will impact the industry in 2018
News
January 11, 2018
EIA’s January Short-Term Energy Outlook forecasts Brent crude oil to average $60/bbl in 2018 and $61/bbl in 2019, slightly higher than the $54/bbl average in 2017. In both 2018 and 2019, EIA expects total global crude oil production to be slightly greater than global consumption, with U.S. crude oil production increasing more than any other country.
News
December 29, 2017
Data released today from EIA for October largely confirms earlier predictions by Rystad Energy that U.S. oil production could reach 10 MMbpd at the end of 2017.
News
December 29, 2017
U.S. natural gas staged the biggest rally in two months as a frigid forecast signaled demand for the power-plant fuel may surge to new highs through the start of 2018.
News
December 29, 2017
Oil continued its revival from the biggest crash in a generation, with prices set for a second annual gain after a year marked by hurricanes, Middle East conflict and the tussle between OPEC and U.S. shale.
News
December 15, 2017
The two most critical forecasts of global oil markets offer contrasting visions for 2018: one in which OPEC finally succeeds in clearing a supply glut, and another where that goal remains elusive.
