Oil prices, and especially WTI, rose on Thursday as a result of the promised Saudi production cuts, falling crude inventories and political turmoil in the
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The world will not have enough oil to meet demand through 2050 unless exploration accelerates
Oslo, Norway, December 9, 2020 – The world is on track to run out of sufficient oil supplies to meet its needs through 2050, despite
Argentina and Brazil set to lose most Bolivian gas imports by 2025, LNG will tap 15 Bcm supply lag
Oslo, November 10, 2020 – Bolivian gas is set to become a scarce commodity in coming years and as a result, importers Argentina and Brazil
US permits for new horizontal drilling dip to 10-year low, hinting no strong rebound in 2020 activity
Oslo, August 11, 2020 – US horizontal drilling activity in oil basins, which has plummeted due to the Covid-19 pandemic, is not likely to materially recover
Oil prices rose on Wednesday on expectation for a significant draw in US crude oil stocks last week
The market needed some positive news and today oil prices are rising, pricing in what looks like a sizeable decline in US crude inventories. Oslo,