for Oil Production
The oil market’s vulnerability and dependence not just on a single country, but on a single facility, was laid bare on September 14.
OPEC has few choices at its disposal to manage the swelling oil market surplus, most of which are unpalatable.
Past experience can offer some guidance, but by every indication the global oil industry is heading into a new age, with unpredictable consequences.
U.S. oil exports recently hit new highs with a record number of export destinations, but shale's recent woes mean continued success is not guaranteed.
An extended period of lower commodity prices will continue to weaken earnings outlooks, making the prospect of merging with—or acquiring—E&P companies more attractive.
Shuttered Gulf of Mexico production during Tropical Storm Barry offers a reminder of the vulnerability of the region’s energy infrastructure to weather events.
The dramatic slimming down over the past half-decade by the oil and gas industry has led to a steep drop off in spending, exploration and final investment decisions on new projects—raising the possibility of a supply crunch in the early 2020s.
Stay on top of the latest developments in oil markets, geopolitical risk, and alternative fuel vehicles with the SAFE policy team's Chart of the Week.
The industry's ability to weather current challenges will have global implications.
It’s groundhog year for the OPEC cartel, which has been unable to structurally shift fundamentals and prices in its favor since the price collapse in mid-2014, and it is reliving its catch-22 scenario with competing producers.