Crude Oil Prices to Rise as Demand Outpaces Supply – The world of crude oil is once again taking center stage.
Production
Busy Week in Oil: Saturday Catch-Up on 6 Top Stories
It has been a busy week in oil & gas! I didn’t even have a chance to get the new news out to you before something else rolled in, so here is an end-of-the-week recap.” ~Greg
3-Week Rally: Oil Prices Extend Gains As Fundamentals Come Into Focus
As the trading week comes to a close, oil prices are basking in the glow of their 3-week rally of gains.
Surging Oil Demand Soared to Near-Record Levels in May 2023
The world’s oil demand jumped by more than 3 million barrels per day (bpd) in May due to surging oil demand.
Oil Well Expedition: 6 Key Phases from Prep to Production
Oil Well Exploration and Site Selection: The first step in the oil well journey is exploration, which involves geologists and geophysicists studying geological formations to identify potential oil-rich areas. Advanced technologies like seismic surveys and satellite...