By 2030, oil demand could hit a peak and then enter decline.
“sleepwalking into a tsunami of oversupply”
Industry leaders now appear to be positive that growth can be achieved after several difficult years.
The Saudis have the two key ingredients to continue pumping oil till kingdom come—huge reserves and low production costs.
How this shakes out is anybody's guess, but at a minimum, the explosion in DUCs over the past two years complicates oil production forecasts for this year.
To cut and push up prices or not to cut and preserve market share.
After declining by more than 20 percent from the October peak, oil prices are showing some signs that they have now bottomed out.
To outward appearances, the U.S. oil and gas industry is in the midst of a decade-long boom, however, "America's fracking boom has been a world-class bust."
Rising oil prices leading to fuel prices at four-year highs, which could turn consumers towards EVs.
Utah holds the largest reserves of oil sands in the United States, but up until now, no company had the technology to exploit these vast resources.
Could OPEC be on the way out? Maybe.
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers.
The Permian shale play in West Texas is once again booming with drilling and is full of oil field workers, some of which are abusing drugs and alcohol.
The strength of the U.S. dollar poses an obstacle to further gains in oil prices.
Unless demand falls back, or some of these outages dissipate, oil prices could be heading much higher.
Higher production doesn't necessarily mean higher oil prices are entirely out of the question.
Geopolitics has taken over the oil market, driving oil prices up to three-year highs.
Geopolitical pressure is only able to influence oil prices to such a degree because the market is fundamentally getting tighter.
Saudi Arabia wants to pour $200 billion into solar to build the world's largest solar project.
Outside of the US, there is a deterioration of stability in many oil-producing regions, aggravating risks for both oil companies and the oil market.
The global economy is booming and demand for precious jewels, particularly colored gemstones, has never been higher.
Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market.
Shale companies continue to drill at frenzied pace, breaking U.S. oil production levels. Yet production is becoming increasingly geographically concentrated.
Echoing criticism of too much hype surrounding U.S. shale from Saudi oil minister last week, new report finds shale drilling still largely not profitable.
The consultancy expects crude demand this year to grow by 1.7 million bpd, and says Brent could touch above $100 a barrel in 2019.