USA Crude Oil Inventories Drop Almost 4MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 429.3 million barrels on August 2, according to the EIA....
Oil and Gas News
Application of Distributed Acoustic Sensing (DAS) in Pipeline Monitoring
Distributed Acoustic Sensing (DAS) uses fiber optic cables to provide distributed strain sensing. It is based on the Rayleigh scattering principle, which dictates that for...
Demand for Oil and Natural Gas Continues to Set Records
by Alex Mills
The demand for crude oil and natural gas in the U.S. and around the globe continued at a record pace through the first half of...
Investing in Oil and Gas: Strategies, Risks, and Opportunities
Delving into the realm of oil and gas investments can be a highly lucrative endeavor for those equipped with the right knowledge and strategies. This...
North America Rig Gain Run Stretches to 11 Weeks
North America added five rigs week on week, according to Baker Hughes' latest rotary rig count....
UKOG Raises Funding for Planned Hydrogen Storage Projects
The proceeds will be directly employed to 'further specific activities required to materially advance the company's hydrogen storage projects'....
BMI Lowers Global Diesel Price Forecast
'We anticipate diesel prices to head lower in Q3 2024 before picking up in Q4 2024', BMI analysts said....
National Energy Talk Episode 30: NY Times Best Selling Author, Alex Epstein – Q&A on Fossil Energy Future
In this episode, Alex Epstein’s Q & A hosted by Mark A Stansberry focuses on fossil energy future issues… www.alexepstein.com. This episode is sponsored by...
Angola’s OPEC Exit, Amid Quota Dispute, Shakes Global Oil Markets
Angola, Africa’s second-largest oil producer, left OPEC after a lengthy dispute over its production quota, ending its 16-year membership. The withdrawal, announced by Oil Minister...
Oil Prices Continue Downtrend
'Worries about a potential U.S. recession outweighed concerns about supply disruptions from rising tensions in the Middle East'....