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Texas Freeze Helps Rival Oil Exporters Like Saudi Arabia Tremendously, May Influence OPEC Decisions – NBC 5 Dallas-Fort Worth

Analysts estimate the total volume of oil lost to the Texas winter storm at anywhere between 18 million and 40 million barrels.

United statesSaudi arabiaTamas vargaPeter sutherlandYousef alshammariRene santosOil associatesGoldman sachsHenrietta resourcesLone starWest texas intermediateNorth americaMiddle eastஒன்றுபட்டது மாநிலங்களில்சவுதி அரேபியாதமாஸ் வர்கா

Oil market remains over-supplied and re-balancing remains

Oil market remains over-supplied and re-balancing remains
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Saudi arabiaUnited statesYousef alshammariInternational energy agencyWest texasசவுதி அரேபியாஒன்றுபட்டது மாநிலங்களில்மேற்கு டெக்சாஸ்

PATH FORWARD Recap: Memorable Year for Oil and Gas

As the November election drew closer, Babst Calland’s Kevin Garber and Jean Mosites joined Hart Energy to analyze the stance of major party candidates on key environmental issues and what the oil and gas industry can anticipate, depending on the victors. Despite the “night and day difference” between President Donald Trump and former Vice President Joe Biden on energy and environmental policies, the attorneys said oil and gas executives needed to focus their attention beyond the presidential race. “Looking at the real local level, there are task forces, there are climate plans, there are initiatives for electric vehicles and renewables and building codes whether you can or cannot have gas hookup in new construction,” said Jean Mosites, a Babst Calland shareholder who practices environmental law. “A lot of interesting things are going on and certainly not just federal.”

Saudi arabiaUnited statesClay williamsJeff millerDonald trumpBaker hughesDeborah byersClay gasparHarold hammJoe bidenHelen currieDan kohlBabst calland kevin garberKatie pavlovskyMatt gallagherLorenzo simonelli

Will Oil Continue To Rally In 2021?

Will Oil Continue To Rally In 2021? By Yousef Alshammari - Dec 15, 2020, 2:00 PM CST Oil prices have finally hit $50 last week, a projection that we made back in June this year. Bullish sentiment prevailed in the oil markets over the past week despite a significant increase in US crude oil inventories. Traders are expecting demand to pick up next year as vaccination campaigns are rolled out worldwide. Yet recent traffic data shows that road traffic is still below pre-crisis levels by 5% in Asia, 20% in Europe, and 40% in the US. The recent growth in US crude inventories is clearly due to an increase in imports and a decrease in exports. The EIA figures continue to show that demand is slowing in the United States, not only due to reduced mobility but also due to the beginning of winter season. US refinery runs are currently 2.16 million bpd below their level a year ago.

United statesYousef alshammariJoe bidenGoldman turns bullish on oilWestern europeஒன்றுபட்டது மாநிலங்களில்ஓஹோ பிடென்மேற்கு யூரோப்