Forecast
Article
December 2018
By all measures, most of 2018 has been an improvement on 2017, which was markedly better than 2016.
News
December 09, 2018
Attention operators! World Oil has launched its 2018 year-end drilling survey, and we need your input to make the upcoming World Oil first-of-year Forecast a success.
News
November 07, 2018
The oil fields of West Texas don’t sit still for long.
News
October 30, 2018
Oil, gas and chemicals executives see higher oil and natural gas prices on the horizon, but new findings from Deloitte’s “2018 Oil, Gas and Chemicals Executive” survey reveals that the industry has varying expectations for what the anticipated price recovery will bring.
News
October 25, 2018
Major oil and gas exporters have weathered many upheavals in recent decades but a renewed commitment to reform and economic diversification will be vital to cope with the changing dynamics of global energy.
News
October 22, 2018
Halliburton Co.’s optimistic outlook for the U.S. oil and gas industry in 2019 was overshadowed by a worse-than-expected projection for the final three months of this year as activity slows throughout North America.
News
October 12, 2018
The International Energy Agency cut forecasts for oil demand this year and next because of growing threats to global economic growth, yet warned that dwindling spare oil supplies will keep prices high.
News
September 13, 2018
In the September 2018 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) increased the forecast price for the Brent spot price to $73/bbl in 2018 and $74/bbl in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/bbl lower than Brent prices in 2018 and in 2019.
News
August 07, 2018
The pace of U.S. crude production growth might be slowing or at least that’s what the government is seeing for now.
News
July 16, 2018
In the July 2018 update of its Short–Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that Brent crude oil prices will average $73/bbl in the second half of 2018 and $69/bbl in 2019.
News
July 06, 2018
Oil investors may regret urging companies to cough up cash now instead of investing in growth for later as the dearth of exploration is setting the stage for an unprecedented crude price spike, according to Sanford C. Bernstein & Co.
News
June 26, 2018
Strong demand growth from China, greater industrial demand, and rising supplies from the United States, will transform global natural gas markets over the next five years according to the International Energy Agency's latest market forecast.
News
June 13, 2018
During the opening day, Tuesday, of this year’s Global Petroleum Show in Calgary, the Canadian Association of Petroleum Producers (CAPP) released its 2018 Crude Oil Forecast, Markets and Transportation report.
News
May 16, 2018
The International Energy Agency cut forecasts for global oil demand growth in 2018 as the highest prices in three years put a brake on consumption.
Article
March 2018
A “new world order” of oil production begins to emerge
Article
February 2018
Outside of the U.S., a global recovery is on the horizon for the upstream oil and gas industry.
Article
February 2018
The number of active, producing U.S. gas wells slipped 1.6% last year, from 501,535 to 493,421, although, according to the EIA, the country’s gross gas withdrawals hit an 11-year high at 95.8 Bcfd last November.
Article
February 2018
Shale operators are increasing U.S. crude production in response to oil prices that are, so far, trending more favorably this year, due largely to decisions by OPEC and Russia to curb production.
Article
February 2018
With oil prices on the rise in 2017, operators added drilling rigs back to many areas of the U.S.
Article
February 2018
U.S. operators are forecast to increase upstream activity, as oil and gas production rises with crude prices.
Article
February 2018
The last 12 months in Washington, D.C., have been incredibly positive for the U.S. oil and gas industry.
