Crude Oil News Archives - Page 104 of 147

USGS Releases Assessment of Undiscovered Oil and Gas Resources in the Niobrara Formation of SW Wyoming and NE Colorado

June 11, 2025 Clark Savage178

The U.S. Geological Survey (USGS) recently released a significant assessment identifying undiscovered, technically recoverable oil and gas resources in the Mowry Composite Total Petroleum System, which includes the Niobrara Formation, spanning southwest Wyoming, northeast Colorado, and parts of Utah. This report, published on May 21, 2025, estimates 473 million barrels of oil and 27 trillion […]

Nigeria’s $5 Billion Oil-Backed Loan Stalls as Oil Prices Plummet: A Deep Dive into the Delay

June 10, 2025 Clark Savage160

In a significant setback for Nigeria’s fiscal ambitions, negotiations for a record-breaking $5 billion oil-backed loan from Saudi Aramco have hit a wall, with falling crude oil prices casting a shadow over the deal. This development, first broached during a November 2023 meeting between Nigerian President Bola Tinubu and Saudi Crown Prince Mohammed bin Salman […]

What Would Happen to the Oil Market if Israel Targeted Iran’s Nuclear Sites or Oil Export Infrastructure?

June 10, 2025 Clark Savage158

The escalating tensions between Israel and Iran have long been a geopolitical flashpoint, with implications that ripple across global energy markets. Recent speculation about Israel potentially targeting Iran’s nuclear facilities or oil export infrastructure has raised critical questions about the stability of the oil market. Such an event could disrupt Iran’s oil production and exports, […]

EU’s New Sanctions: Targeting Nord Stream and Russian Oil—Will They Work?

June 10, 2025 Clark Savage99

The European Union is rolling out its 18th sanctions package against Russia, and this time, it’s aiming straight for the heart of Moscow’s energy sector. With a proposed ban on the Nord Stream pipelines and a tighter $45-per-barrel cap on Russian oil (down from $60), the EU is doubling down on its strategy to choke […]

Oil Supply Tightening in the U.S.: What It Means for Summer 2025 Gasoline Prices

June 10, 2025 Clark Savage178

As summer 2025 approaches, the United States faces a tightening oil supply, raising concerns about potential spikes in gasoline prices during the peak driving season. With U.S. crude inventories dropping, refinery constraints mounting, and global oil dynamics shifting, drivers may feel the pinch at the pump. Let’s dive into the factors driving this supply squeeze […]

OPEC+ Falls Short on Output Promises: Implications for Oil Prices, U.S. Investors, and Global Energy Markets

June 9, 2025 Clark Savage114

As we examine investments in the energy markets, I consider trends, supply, demand, and opinions from energy leaders with an excellent track record. I have included two posts on X from Josh Young of Bison Interests, and he makes some excellent points. I highly recommend following him on X, and LinkedIn. Introduction In May 2025, […]

Morgan Stanley: OPEC+ Fails to Deliver on Output Pledge

June 9, 2025 Clark Savage182

ENB Pub Note: A great story from Oilprice.com\’s Irina Slav today. We will be covering this on the Daily Energy Stand up tommorow. The last time this happened oil shot up to $120. Buckle up, and do the opposite of Jim Cramer. Morgan Stanley analysts report that the 411,000 barrels per day OPEC+ pledged to […]

Shell taps Subsea 7 for work on gas field off Trinidad and Tobago

June 9, 2025 Clark Savage168

Subsea 7 Offshore engineering and services player Subsea 7 has won a contract for work on Shell’s Aphrodite gas project offshore Trinidad and Tobago. The project involves the transportation and installation of subsea equipment at the Aphrodite development, located within Block 5a, at water depths of up to 290 m. Project management and engineering activities […]

China\’s Energy Mix and Investment Made on the Backs of the Western Net Zero Movement

June 7, 2025 Clark Savage170

Is Oil & Gas Right for Your Portfolio? China’s energy landscape is a study in contrasts: the world’s largest coal consumer and carbon emitter, yet also the global leader in renewable energy deployment. As Western nations pursue ambitious Net Zero targets, often at significant economic cost, China has capitalized on this movement by exporting clean […]

US Oil Drillers See Sharp Decline in Activity – How do investors respond?

June 7, 2025 Clark Savage196

The U.S. oil and gas industry is experiencing a significant slowdown, with drilling activity dropping to levels not seen since late 2021. According to the latest data from Baker Hughes, the total number of active drilling rigs in the United States fell by 4 to 559 for the week ending June 6, 2025, marking a […]

Category: Crude Oil News

USGS Releases Assessment of Undiscovered Oil and Gas Resources in the Niobrara Formation of SW Wyoming and NE Colorado

Nigeria’s $5 Billion Oil-Backed Loan Stalls as Oil Prices Plummet: A Deep Dive into the Delay

What Would Happen to the Oil Market if Israel Targeted Iran’s Nuclear Sites or Oil Export Infrastructure?

EU’s New Sanctions: Targeting Nord Stream and Russian Oil—Will They Work?

Oil Supply Tightening in the U.S.: What It Means for Summer 2025 Gasoline Prices

OPEC+ Falls Short on Output Promises: Implications for Oil Prices, U.S. Investors, and Global Energy Markets

Morgan Stanley: OPEC+ Fails to Deliver on Output Pledge

Shell taps Subsea 7 for work on gas field off Trinidad and Tobago

China\’s Energy Mix and Investment Made on the Backs of the Western Net Zero Movement

US Oil Drillers See Sharp Decline in Activity – How do investors respond?

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