Big Oil Rushes Into Argentina’s Vaca Muerta Shale
Local and international energy companies are vying for additional exploration blocks in Argentina’s Vaca Muerta shale basin as…
UAE’s Shock Exit Leaves OPEC Weakened and the Global Oil Order Rewritten
Before 1 May, the once-mighty Organization of the Petroleum Exporting Countries (OPEC) had 12 members, but with the…
U.S. Energy Dominance Agenda Can’t Shield Driver From Higher Gasoline Prices
The United States is the world’s biggest crude oil producer—it has been for years, and it has been…
Why This Energy Shock Will Hit Consumers Harder Than 2011
Arend Kapteyn, the global head of economics and strategy research and chief economist at UBS, told clients that…
$100 Oil Could Deliver $63 Billion Cash Surge to U.S. Shale
Shale-focused U.S. oil producers could generate $63.4 billion in extra cash flow if the U.S. benchmark crude price…
StanChart: Oil Market Rebalances as Oversupply Fears Fade Into 2026
The oil price rally has finally run out of steam, with oil prices declining for the first time…
Global Upstream Capex Set To Fall Again In 2026 Amid Low Oil Prices
Last year, upstream oil investment was projected to have declined 2.5% Y/Y to $420 billion after low oil…
OPEC+ Holds Output Steady, Approves New Capacity Framework Through 2026
OPEC and its allies agreed on Sunday to keep oil output levels unchanged through the end of 2026,…
Oil Chiefs See $60 Oil as Breaking Point for Shale Growth
Top executives from supermajors, the U.S. shale patch, and national oil companies remain bullish about the oil market…
EIA Raises U.S. Oil Output Forecast, Warns Oversupply Could Crush Prices
The United States is on track to break yet another oil production record this year, but the Energy…
‘Red Queen Syndrome’ Hits Global Oil Production
Shale oil wells are gushers in their first year, then deplete rapidly. Shale companies therefore, have to keep…
Standard Chartered: Oil Prices Likely Headed Higher Over The Long Term
Crude oil futures have jumped to the highest levels in six weeks after U.S. President Donald Trump ratcheted…