Norway, Western Europe’s biggest oil producer, has more than 50% of its recoverable resources still in the ground, according to the Norwegian Petroleum Directorate. The Barents Sea probably holds most of that, yet there’s only one oil field and one gas field currently producing. SourceContinue Reading

Oil Poised For Monthly Loss Despite Supply Outages | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Aug 31, 2021, 8:50 AM CDT Crude oil has had an interesting August, but on the...Continue Reading

OPEC and its allies expect global oil markets will continue to tighten this year even as they revive output, but then flip into surplus again in 2022. SourceContinue Reading

The Federal Trade Commission is examining ways to crack down on mergers in the oil and gas industry and investigate whether gas station franchises are driving up gas prices as part of a Biden administration effort to combat higher costs at the pump. SourceContinue Reading

About 95% of Gulf of Mexico oil production, and 94% of gas output had been shut-in as of Monday, according to the Bureau of Safety and Environmental Enforcement. SourceContinue Reading

Oil headed for the biggest monthly loss since October as investors weighed the prospect of additional OPEC+ production and the restoration of crude output in the U.S. after Hurricane Ida. SourceContinue Reading

How To Capitalize On Guyana’s Oil Boom | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Aug 30, 2021, 7:00 PM CDT The oil market has come...Continue Reading

The Energy ETFs To Watch This Year | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 30, 2021, 6:00 PM CDT An ETF explosion has taken over the financial market as exchange-traded funds enjoy the lion’s share of investment dollars globally–even as investors continue flocking...Continue Reading