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Crude Oil News

The $60 Oil Conundrum: Are Banks the Oracles of Oil Prices?

June 4, 2025 Clark Savage

The oil and gas industry is no stranger to volatility, and 2025 is shaping up to be another wild ride. A recent headline grabbed the attention of investors and analysts alike: Banks Cut 2025 Oil […]

Electric Vehicles

Why More Sanctions on Russia Will Hurt the US

June 2, 2025 Andy Del Prado

Daily Standup Top Stories Why Hasn’t Trump Hit Russia with More Sanctions? – Because it would hand the Mid-term elections to the Democrats June 1, 2025 Clark Savage I have been discussing this for months on […]

OIl fields in Iran created by Grok on X
Crude Oil News

OPEC+ Unwinds Output Cuts: Impacts on Member Countries, Global Oil Market, and U.S. Shale

May 31, 2025 Clark Savage

The Organization of the Petroleum Exporting Countries and its allies (OPEC+), which collectively produce about 48% of global oil, have begun unwinding a series of voluntary output cuts implemented since 2022. This strategic shift, led […]

Crude Oil News

U.S. Oil and Gas Drillers Pull Back as Low Oil Prices Bite: Rig Counts Signal Caution

May 30, 2025 Clark Savage

As part of the Sandstone Teams services, we offer a review of oil and gas deals for our clients. We gain valuable insights into actual data points across various fields in the U.S. One key […]

Crude Oil News

Survey Note: Analysis of Oil and Well Economic Data in Texas – Cost Comparison of Conventional Vertical Wells vs. Horizontal Wells with Fracking

May 30, 2025 Clark Savage

As we work on our day jobs of evaluating oil and gas wells and leases to determine whether they are a good investment or should be passed, I wanted to share some basic information as […]

Crude Oil News

Oil Prices Sink 4% on Hints of U.S.-Iran Deal

May 15, 2025 Clark Savage

Oil prices decreased sharply following comments from President Trump indicating the U.S. is close to a nuclear deal with Iran. Iran’s officials have suggested they would consider abandoning uranium enrichment if the United States lifts […]

Big Oil Companies

Halliburton, Schlumberger Brace for the Next Oil Slump

May 13, 2025 Clark Savage

All of the majors reported lower earnings for the first quarter. Already, some energy companies active in the shale patch are cutting their drilling budgets for the year. Oilfield services providers are bracing for impact […]

EIA News

Week Recap: What’s Behind OPEC+’s Bold Move to Increase Oil Supply?

May 10, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout May 4, 2025 Clark Savage ENB Pub Note: Rooftop solar panels on homes are not bad; they must be appropriately designed […]

Climate Crisis

Saudi Price Rise Amid OPEC+ Surge

May 8, 2025 Mariel Alumit

Daily Standup Top Stories Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas? May 7, 2025 Clark Savage Earlier this week, I published an article titled “What does the OPEC+ increase […]

Constellation Oil Services
Crude Oil News

Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas?

May 7, 2025 Clark Savage

Earlier this week, I published an article titled “What does the OPEC+ increase of 411,000 mean to the United States?” I was asked about Saudi Arabia’s increase in the Asia market and how it would impact […]

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