Oil Price Fundamental Daily Forecast – Prices Weaken After API Reports Surprise Build, EIA on Tap

Today’s U.S. Energy Information Administration (EIA) inventories report, due to be released at 14:30 GMT, should set the tone today. Traders are looking for a 1.3 million barrel build. — Read on www.fxempire.com/forecasts/article/oil-price-fundamental-daily-forecast-prices-weaken-after-api-reports-surprise-build-eia-on-tap-571873 Advertisements

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Value Of U.S. Oil & Gas M&A Deal Sinks To 10-Year Low In Q1 | OilPrice.com

The total value of oil and gas mergers and acquisitions (M&A) deals in the U.S. in the first quarter slumped to its lowest level in ten years as the deals market failed to recover from the oil price and equities slump in Q4 — Read on oilprice.com/Latest-Energy-News/World-News/Value-Of-US-Oil-Gas-MA-Deal-Sinks-To-10-Year-Low-In-Q1.html

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Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch

Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch — Read on www.marketwatch.com/story/oil-prices-rise-as-api-data-reportedly-show-a-surprise-decline-in-us-crude-supplies-2019-02-26

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U.S. oil prices at lowest in nearly 8 mos. as domestic crude supplies climb for 7th week in a row – MarketWatch

U.S. oil prices settle lower Wednesday, at the lowest in almost eight months, after a government report revealed that domestic crude supplies rose for a seventh week in a row, and gasoline stockpiles unexpectedly climbed. — Read on www.marketwatch.com/story/oil-prices-improve-from-multimonth-lows-as-weekend-opec-meeting-looms-2018-11-07

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U.S. oil service firms face tough quarter despite high crude prices | Reuters

HOUSTON (Reuters) – Even as crude prices hover near four-year highs, U.S. oilfield service firms’ third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending. Oil producers are holding off finishing new wells, and cost pressures from tight labor markets and […]

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Oil Demand Is Cooling. Just Don’t Expect Prices to Follow – Bloomberg

Limited spare production capacity should help to support crude in coming months. — Read on www.bloomberg.com/view/articles/2018-10-14/oil-demand-is-falling-just-don-t-expect-prices-to-follow

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Move Over, Permian. Bakken’s Making a Comeback.  | Rigzone

After months of being the red-headed stepchild to the Permian, the Bakken shale play is getting a resurgence. Crude oil production in North Dakota reached an all-new high for the second time this year in July, averaging 1.27 million barrels per day, according to the most recent figures available. Monthly oil production in July was […]

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Valuating Oil and Gas Assets? Here is some advice. | PetroValues Blog

Are you interested in financing, or acquiring oil and gas assets? The industry is booming and there can be a lot of upside for savvy investors. The first step is to understand the mineral worth of the property you’re interested in. Here are a few pointers for the valuation process, if you’re looking to strike […]

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Burn, baby, burn: Natural gas is cheap, and Texas drillers are flaring more of it  | Economic Snapshot | Dallas News

Oil drillers are burning excess natural gas to keep the crude oil flowing. Natural gas is mostly a byproduct of crude oil drilling in the Permian Basin. So the shortage of pipeline capacity to transport the gas to market has played a role in companies burning — or flaring — large amounts of natural gas […]

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Future Oil Price Road Map | PB Oil & Gas Magazine

Oil Price Stability: Fragile Barring a geopolitical event, latest data indicates a market balance will endure in coming months, keeping oil prices near current levels. Long term, the bias is higher, with growing evidence a supply gap will emerge before 2025. — Read on pboilandgasmagazine.com/future-oil-price-road-map/

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