Forecast
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.
News
December 14, 2017
Oil’s slump is over and industry domination beckons, according to Goldman Sachs Group Inc.
Article
December 2017
Operators are still testing the limits of unconventional technology in the Permian basin, but increased drilling activity likely means steady production gains for next year and beyond.
News
December 05, 2017
Drillinginfo, the energy industry's leading SaaS and data analytics company, announced today it has acquired Dallas-based Pattern Recognition Technologies (PRT), a global leader in energy forecasting.
News
December 04, 2017
Oil dropped below $58/bbl as investors weighed an increase in U.S. drilling rigs against OPEC’s promise to extend output cuts through the end of next year.
News
December 01, 2017
Don’t worry about long-term oil supply, according to Goldman Sachs Group Inc.
News
December 01, 2017
Turns out, America’s decade-long shale boom might just end up being a little too good to be true.
News
November 30, 2017
Add another bullish forecast for U.S. oil to the pile of confusion confronting OPEC.
News
November 30, 2017
Contractor confidence in the UK Continental Shelf (UKCS) has risen with almost half being more confident about their prospects for the first time since 2013, according to an industry report released today.
News
November 28, 2017
OPEC’s in a quagmire, foreshadowing disappointment for oil bulls counting on the group and its allies extending output curbs by nine months, according to Goldman Sachs Group Inc.
News
November 27, 2017
The clash between OPEC and America’s oil industry is reaching a day of reckoning.
News
November 21, 2017
Andy Hall, the veteran crude trader who closed his hedge fund this year, will brief OPEC officials on the outlook for U.S. shale oil, according to a copy of the agenda seen by Bloomberg News.
News
November 16, 2017
The boom in U.S. shale-oil production requires "more sophisticated" forecasting than ever, billionaire oilman Harold Hamm said in an interview.
News
November 13, 2017
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.
News
November 10, 2017
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.
News
November 07, 2017
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.
News
October 25, 2017
The head of Apollo Global Management LLC expects oil prices to stabilize between $55 to $60/bbl in the near term.
News
October 25, 2017
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.
News
October 23, 2017
Oil investors are back in the ring.
News
October 19, 2017
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.
News
October 16, 2017
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).
