Primary Vision News Today

This years increase in shale and overall U.S. crude production will be much lower than in the past two years, analysts and forecasters say.

Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research has said. The Wall Street bank had forecast Brent to trade at $86 in December and $93 at the end of 2024. “Consider a bullish scenario where OPEC+ keeps |

Oil prices have been charging higher recently, but as bullish sentiment builds in markets, traders should be paying close attention to some very worrying signals.

Click here to listen to the latest episode of NGI’s Hub & Flow. Primary Vision Network CEO Matthew Johnson offers his expertise into the U.S. drilling

Bearish sentiment has dominated oil markets in recent months despite a small uptick in prices, and there are plenty of reasons to think markets will remain bearish.

According to the EIA, natural gas production in the Permian Basin hit a record level of 21 billion cubic feet per day in 2022.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

New Delhi is keeping Russia solvent for no better reason than somewhat cheaper oil

Analysts share their outlook on oil prices as crude prices fall after an extended rally

A survey of 30 economists and analysts forecast Brent crude would average $89.37 a barrel in 2023, about 4.6 per cent lower than the $93.65 consensus in a November s...