In: News

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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Price Downturn Results in Asset Write-Downs of more than $185 billion
October 3, 2016

SINCE THE PRICE of oil suddenly dropped in late 2014, nearly 400 public oil and gas companies have written down over…

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Oil execs see 2017 as a year of recovery, Deloitte survey finds
September 22, 2016

The two-year downturn in the oil and gas industry may be coming to a close. An annual survey released by Deloitte,…

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Oil extends gain after U.S. crude supply tumbles to 7-month low
September 21, 2016

Oil extended gains after government data showed U.S. crude inventories declined to the lowest level since February. Crude stockpiles decreased 6.2…

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