Oil and Gas in the Perfect Storm
The market in 2020 will be oversupplied by 3–5 million B/D and global inventory will surpass 400 million bbls over the next few months, according to ADI Analytics.
North American Shale Activity Gives Boost to OFSE Business
The oilfield services and equipment sector, while optimistic, has not yet seen the effects of the improved oil price in the recovery of its overall business.
2017 Energy Outlook
As the debate continues about oil prices and supply and demand, the SPE Production and Facilities technical director examines data published by various organizations on the short- and long-term industry outlook.
Hedgehogs vs. Foxes: Improving the Accuracy of Predictions
Can aggregative contingent estimation (ACE) improve the quality of oil price forecasts and even project performance? I have come to believe that oil price can be determined with reasonable confidence, and the key to such forecasting is ACE.
Oil at USD 20 per Barrel: Can It Be?
The oil price cannot be USD 20 for any long period because we cannot produce enough oil to feed the world at that price. But if the price of oil is based on supply and demand, how could it fall to USD 20 at any point in time?
Welcome to 2015: Combating the Uncertainty of Low Oil Prices
Oil prices from USD 50/bbl to USD 60/bbl have been sustained for several weeks, and energy-related stocks have fallen significantly below their 52-week highs and 30% below in some cases.
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01 April 2020
24 March 2020