The oil price crash has left energy companies scrambling to shore up balance sheets and streamline costs. But the recent recovery of crude prices has instilled cautious confidence among oil Continue Reading
Most Silicon Valley companies would kill for the sorts of gains made by sellers of plain old silicon. Even after a recent selloff, leading producers of sand used by oil Continue Reading
The future output from the light tight oil (LTO) sector of the US oil industry is the subject of much speculation. Above I present some possible future output scenarios based Continue Reading
Oil inventories onshore and offshore are responding to production cuts implemented by OPEC, the secretary general of the organization, Mohammad Barkindo, said on Sunday. OPEC-led production cuts have helped raise Continue Reading
The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against Continue Reading
Doug Lucas stood outside a Houston energy conference early one morning last month handing out resumes and hoping to catch the eye of oil executives with a hand-written sign advertising Continue Reading
Conventional wisdom suggests that the world economy is in a slow but steady recovery from the 2008 financial crisis. Some economists, however, including Nafeez Ahmed , author of several books Continue Reading
The number of active oil and gas rigs in the United States increased on Friday by 2. Both benchmarks were trading up earlier on Friday on reports of an evacuation Continue Reading
US oil rig counts continued expanding the domestic working crude-directed fleet, pushing it up by seven to 609 as the Eagle Ford Shale further heated up, Baker Hughes data showed Continue Reading
Suppose the rapture happened. Not the kind followed by the Second Coming of Jesus as promised by Paul, but a rapture of oil. Imagine that one night, just after the Continue Reading
