Growth in U.S. Oil and Gas Output Slows Down
This year's increase in shale and overall U.S. crude production will be much lower than in the past two years, analysts and forecasters say.
Source: oilprice.com
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Goldman Sachs predicts oil price to hit $100 on OPEC cuts
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 |
Source: naija247news.com
Can The Current Oil Price Rally Really Last?
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.
Source: oilprice.com
How Busy Are Lower 48 Drillers? Count Rigs and Fracture Spreads – Listen Now to NGI's Hub & Flow
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
Source: naturalgasintel.com
The Bearish Case For Oil Markets
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.
Source: oilprice.com