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OPEC agrees to keep oil production cut, likely maintaining high prices through November election
FOX Business· 6 days agoThe OPEC+ alliance has agreed to extend output cuts through next year, likely keeping prices high...
Zacks Industry Outlook Highlights Exxon Mobil, Chevron, BP and Vista Energy
Zacks via Yahoo Finance· 5 days agoIndustry: Integrated Energy - Non-U.S. Link:...
Mining And Refining: Fracking
Hackaday· 3 days agoThis time, though, we’re going to take a look at not a specific resource, but a technique: fracking. Hydraulic fracturing is very much in the news lately for its potential environmental impact ...
ConocoPhillips-Marathon Deal Represents a Pivot
Rigzone.com via Yahoo Finance· 4 days ago“We calculate about 30 percent of the total deal value is being paid for the Marathon shale inventory, after allocating value for existing production and Equatorial Guinea ...
Oil Rises as OPEC Ministers Reiterate Output Path May Be Changed
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Oil gained for a second session as expectations waned that OPEC and its allies will...
Brent Bounces Back Above $80 Per Barrel
Rigzone· 1 day agoIn a report sent to Rigzone on Friday, Bjarne Schieldrop, the Chief Commodities Analyst at Skandinaviska Enskilda Banken AB (SEB), highlighted that the price of Brent crude oil bounced back ...
Is Saudi Arabia Becoming The Swing Producer?
Forbes· 5 days agoAfter the Iranian Revolution and Oil Crisis, Saudi Arabia agreed to stabilize oil markets and prices by being the ‘swing producer,’ that is, letting...
OPEC+ extends oil production cuts through all of 2025 to help prop up weaker crude prices
Fortune· 6 days agoThe OPEC+ alliance, made up of members of the producers cartel and allied countries including Russia, decided at an online meeting to hold steady its production levels, which include collective ...
Why U.S. oil production isn’t a huge threat to OPEC+ market share anymore
Market Watch· 4 days ago“Two years ago at this time, OPEC+ output was 2.2 million [barrels per day] higher than it is now,”...
LNG Investments to Jump Over 50 Percent in 2029: Goldman Sachs
Rigzone.com via Yahoo Finance· 5 days agoGoldman Sachs Research predicts that the global gas market will grow 50 percent in the next five years, as LNG investments rise more than 50 percent in 2029 and oil investment growth peaks in non-OPEC countries.
