Wednesday, May 24, 2017

Since OPEC announced the production cut deal at the end of November, industry analysts have been warning that rising production from producers outside the deal—U.S. shale in particular—is effectively capping the...

A year ago, most analysts were bearish about natural gas prices.   I wrote that natural gas prices might double and they did. Today, most analysts are again bearish about gas prices...

All data below is based on the latest OPEC Monthly Oil Market Report. All data is through April 2017 and is in thousand barrels per day. Looking at the above chart it seems obvious what most...

Any system that outputs science and technology without real democratic input is a system that is doomed to fail.IOW, it has failure baked in as a part of its modus operandi.IOW,...

Oil priceThe oil complex moved higher yesterday as Opec released official production numbers that indicated ‘overcompliance' by its members and despite higher non-Opec supply gave a positive review of the market....

The only progress worth attaining is slow progress. This seems to be the way in Nigeria's oil sector. It is seven years since the Federal Government enacted the Nigerian Oil and...

Oil priceAll of a sudden the oil market is hotting up as a combination of Opec Ministers chatter, Aramco cut backs and inventory draws make the bears head for some serious...

It's been a purple patch for Nigeria's indigenous oil sector of late. After playing second fiddle to ... Source link

The IEA Oil Market Report was published in mid April, data from the report can be found here.   The EIA’s STEO was published on May 9, 2017. I assume in the...

Comments not related to petroleum in this thread please. I am having difficulty coming up with posts, I could use some help with posts, either petroleum or non-petroleum. Contact me at...
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