for Crude Oil Production
The oil majors have reported their best financial results in years, but they still face a litany of risks both in the near-term and in the years ahead.
After oil's steep fall in the final weeks of 2018, a diverse array of factors means the rollercoaster is likely to continue in 2019 with forecasting prices proving to be equally hazardous.
An agreement struck with the militia that has been blockading Libya’s critical export terminals of Es Sider and Ras Lanuf could, if it holds, allow the nation to begin recouping its badly needed oil revenue.
Although the EIA’s International Energy Outlook (IEO) has had a mixed record with its long-term projections, it’s important as a basis for analysis and discussion about the future of the oil market and energy security in general.
The Governor of Alaska has proposed changes to how the state collects revenue, a recognition that the state’s best oil days are likely in the past.
Keisuke Sadamori, IEA's Director for Energy Markets and Security, discusses current oil market dynamics and energy security risks.