Data source: U.S. Energy Information Administration, Petroleum Supply Monthly An average of 13.4 million barrels per day (b/d) of crude oil was produced in the United States during August 2024, a new record according to data from […]
Daily Standup Top Stories 10 Can’t-Miss Election Predictions November 2, 2024 Clark Savage ENB Pub Note: This is an excellent article from Robert Bryce’s Substack. I am reaching out to him and will try to record […]
LONDON/DUBAI/MOSCOW, Nov 3 (Reuters) – OPEC+ has agreed to delay a planned December oil output increase by one month, three sources from the producer group told Reuters on Sunday, as weak demand notably from China […]
The total number of active drilling rigs for oil and gas in the United States saw no change this week, according to new data that Baker Hughes published on Friday, after holding steady in the week […]
Oil markets are on edge at the end of what has been a very volatile week for both Brent and WTI. Recent reports of an Iranian retaliation to Israel’s latest strike have pushed oil prices […]
Goldman Sachs predicts average oil prices of $76 per barrel in 2025 due to sufficient global spare capacity. The forecast sees limited upside potential due to high spare capacity and potential trade tariffs. Despite undisrupted […]
Daily Standup Top Stories Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again) October 20, 2024 Stu Turley ENB Pub Note: Robert Bryce has been on the ENB podcast and the […]
Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of U.S. and Canadian drilling activity. Baker Hughes initiated the […]
HOUSTON, Oct 18 (Reuters) – Oil futures fell on Friday, declining more than 7% on the week after data showed China’s economic growth slowed and investors digested a mixed Middle East outlook. Brent crude futures […]
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 1 […]
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