Link

U.S. oil and natural gas proved reserves and production set new records in 2018


  • Just as quickly as they spiked, crude oil prices have now fallen back to their lowest levels in 6 weeks, trading at the subdued levels seen in late November before the OPEC+ club announced its renewed oil supply deal.
  • Despite assassinations, embassy stormings and ballistic missile retaliations, the US-Iran situation has returned to an uneasy calm, and crude prices with it.
  • At the height of the recent crisis – in the immediate aftermath of a targeted US drone strike on Iranian general Qaseem Soleimani in Iraq – Brent prices jumped to almost US$71/b as it looked like war was imminent.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit original link

https://nrgedge.net/article/1579056779-us-oil-and-...

ProductionsuppplyReservesnatural gasLiquid FuelsCrude oilOilpetroleum

More items from huishan


Average U.S. construction costs for solar and wind generation continue to fall

The incident that hardened the hearts of Germany , which had become increasingly isolated over the issue of the Nord Stream 2 natural gas pipeline that connects Russia to Germany through the Baltic Sea, was the hospitalisation of Russian opposition leader Alexei Navalny. Championed by former Germ ...

Hui Shan


Posted 4 days agoLink > generationSolarElectricity +5

Fossil fuels account for the largest share of U.S. energy production and consumption

Aramco is still 98% owned by the Saudi government, and the federal coffers, which run everything from the national airline to plans to open up for official tourism are dependent on the dividends that Aramco pays. With dry season in the oil and gas world setting in, some of these projects must now ...

Hui Shan


Posted 6 days agoLink > ProductionsupplyConsumption +12

Nord Stream 2: Democratic Ideals or Business Reality

The incident that hardened the hearts of Germany , which had become increasingly isolated over the issue of the Nord Stream 2 natural gas pipeline that connects Russia to Germany through the Baltic Sea, was the hospitalisation of Russian opposition leader Alexei Navalny. Championed by former Germ ...

Hui Shan


Posted 6 days agoLink > Nord Stream 2GermanyPutin +8

Saudi Aramco – Dividends over Diversification

Aramco is still 98% owned by the Saudi government, and the federal coffers, which run everything from the national airline to plans to open up for official tourism are dependent on the dividends that Aramco pays. With dry season in the oil and gas world setting in, some of these projects must now ...

Hui Shan


Posted 10 days agoLink > Saudi AramcoSaudi ArabiaOPEC +7

Petronas Ventures Further West for New Opportunities

Malaysia's national oil company Petronas is reportedly looking into buying its way into US shale, with driller DoublePoint Energy the target. DoublePoint Energy has a 100,000 acre tranche of drilling rights smack in the prolific heart of the Permian, currently producing some 55,000 b/d of shale o ...

Hui Shan


Posted 19 days agoLink > WTIUSAPETRONAS +2
All posts from huishan