A number of news media pieces have recently suggested that oil prices may fall due to soaring output in the US. Output from US light tight oil (LTO) may not rise as quickly as some EIA reports may suggest. One … Continue reading
Monthly Archives: April 2017
Comments not related to petroleum in this thread, please.
The OPEC Monthly Oil Market Report is out with OPEC’s crude oil production numbers for March 2017. All data is through March 2017 and is in thousand barrels per day. Looking at the above chart it seems obvious what most OPEC nations … Continue reading
Please place all posts not related to petroleum in this thread. Thanks.
Dean Fantazzini recently updated his estimates for Texas Oil and Natural gas. Data from the Texas Railroad Commission has improved so correction factors are smaller, the estimates from Dean now match the estimates by the US EIA fairly closely for … Continue reading