Chris
Mathews
Hart Energy
Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.
What's Affecting Oil Prices This Week? (March 18, 2024)
On average, Stratas Advisors predicts that supply will be at a deficit of 840,000 bbl/d during 2024.
EIA: Blame Associated Gas Volumes for Sticky Low NatGas Prices
Low natural gas prices are forcing U.S. producers to finally pump the brakes on what has been record production. But the pullback in drilling will have muted effects on a market already glutted with too much gas, federal experts say.
Tallgrass Energy Announces Latest Open Season for Pony Express Pipeline
Prospective shippers can review details of the open season, which began March 11, after signing a confidentiality agreement with Tallgrass.
US Raises Crude Production Growth Forecast for 2024
U.S. crude oil production will rise by 260,000 bbl/d to 13.19 MMbbl/d this year, the EIA said in its Short-Term Energy Outlook.
Will the Ends Justify the Means for W&T Offshore?
After several acquisitions toward the end of 2023, W&T Offshore executives say the offshore E&P is poised for a bounce-back year in 2024.
What's Affecting Oil Prices This Week? (March 11, 2024)
Stratas Advisors expects oil prices to move higher in the middle of the year, but for the upcoming week, there is no impetus for prices to raise.
US Leads Global Oil Production for Sixth Straight Year-EIA
The Energy Information Administration says it is unlikely that the record will be broken by another country in the near term.
TC Energy’s Keystone Back Online After Temporary Service Halt
As Canada’s pipeline network runs full, producers are anxious for the Trans Mountain Expansion to come online.
Oil Market Shifting Back to Supply/Demand
Stratas Advisors' John Paisie forecasts the price of Brent crude to increase during the second and third quarters of this year and move toward $90/bbl.