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Here are some trends to watch for this week in the oil and gas markets.

Here is a recap oil and gas market hits and misses for the week ending Jan. 8, 2021. (The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) Until the onset of the shale revolution, OPEC – primarily Saudi Arabia – was long considered the world’s “swing” supplier of crude oil. As a 2015 Rigzone article explains, taking on that role involved adjusting crude supplies to offset perceived oil market shortages and gluts. Thanks to the influx of non-OPEC crude supplies, much of it resultin...

Check out this review of oil and gas market hits and misses for the week ending Dec. 11, 2020. (The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) A gauge of the market capitalization of oilfield services (OFS) companies has risen markedly since late-October, indicating an uptick in the sector. Read on to learn about this encouraging development, along with other recent oil and gas market trends. Rigzone: What were some market expectations that actually occurred during the past week – an...