If you’ve ever wondered what happens before the money flows into the pockets of passive oil and gas investors, this video is for you! Ride along with RJ Burr, President and CEO of Panther Exploration on a tour of a working oil field near Baton Rouge, Louisiana.
A Visit to the Bayou Choctaw Oil Field Read More »
A group of some of the world’s most powerful oil producers on Wednesday agreed to impose deep output cuts, seeking to spur a recovery in crude prices despite calls from the U.S. to pump more to help the global economy.
Saudi Arabia has agreed to cut its production for November by 526,000 bpd, from its current quota of 11.004 million bpd, according to data provided by OPEC following its Wednesday meeting to set new production targets.
Newsfeed: Saudi Arabia, Russia To Cut 1.05 Million Bpd In November Read More »
Russia’s invasion of Ukraine and the sanctions that have been levied against it have sent shockwaves through global energy markets. Inventories in major oil-consuming developed economies, including in the United States, have been falling steadily.
Newsfeed: Oil Could See Its Biggest Supply Shock Since 1973 Read More »