In: News

WoodMac: 2017 will be year of ‘opportunity’ for oil firms
December 27, 2016

OPEC’s production deal and recent crude price strength should make 2017 a more profitable year for upstreams, according to a report…

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Trader who called price slump sees OPEC deal boosting crude to $70
December 9, 2016

LONDON (Bloomberg) — Hedge fund manager Pierre Andurand expects the combined output cut agreed to by OPEC and Russia will boost…

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Permian – hottest O&G zip codes, or dangerous bubble?
November 28, 2016

The wheels on the bus go round and round. Takeaways: 1. With $1B of dry powder on the sidelines for about…

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Goldman says OPEC deal probable, raises WTI price forecast
November 22, 2016

By BRIAN WINGFIELD on 11/21/2016 NEW YORK (Bloomberg) — Goldman Sachs Group raised its oil-price forecast for early next year, saying…

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OIL: I Think We’ve Hit Bottom – Dallas Fed’s Director of Research
October 31, 2016

Oil Price Shocks: Mine Yucel Addresses Denver Energy Group “It’s probably going to be a rough patch for the industry and…

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World Bank boosts 2017 crude oil forecast to $55 per barrel
October 21, 2016

With an 18% return @ $35 oil, our funds look very promising @ $55 oil… The World Bank raised its crude…

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The King Sets His Own Ransom
October 14, 2016

Written by: Jeff Johnson Big Oil, Banks & Wall Street are not always as they appear….. Saudi Aramco first announced the…

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43% Of PE Firms Planning Global Oil And Gas Acquisitions In 2017
October 12, 2016

“Private equity is poised to drive oil deals valued at $100 million plus. Whoever is there to take the scraps off…

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Saudi minister says oil at $60 by year-end not ‘unthinkable’
October 11, 2016

The oil-price could recover to $60/bbl by the end of 2016, said Saudi Arabia’s Energy Minister, just weeks after agreeing to…

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U.S. crude oil imports rise during first-half 2016, first increase since 2010
October 6, 2016

During the first half of 2016, U.S. gross crude oil imports increased by 528,000 barrels per day (b/d), or 7%, compared…

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