oil price


All posts for oil price

With extensive expertise in the oil and gas sector, TouchstoneEnergy are quick at getting to the heart of business challenges and identifying solutions that add value

TouchstoneEnergy's experienced energy sector consultants are helping oil and gas operators and non-operators across the globe use business process automation to drive measurable growth, increase controls, and improve compliance. Our services and systems bring together financial accounting, manageme ...

Marcus Kelly - TouchstoneEnergy


Posted 2 days agoPress > TouchstoneHoustonNorth America +9

TouchstoneEnergy is the only Oil and Gas IT consultancy supplying fully automated joint venture accounting processes

TouchstoneEnergy's Joint Venture accounting module automates joint venture cost allocations, streamlining approval and billing workflows. It makes cost recovery a quick and easy process giving both internal stakeholders and JV partners confidence that the figures presented are accurate. EnergyFlow ...

Marcus Kelly - TouchstoneEnergy


Posted 14 days agoPress > TouchstoneoracleFinance +10

Oil and the Saudi Arabia threat by Dr. Daniel Fine

Dr. Daniel Fine, New Mexico Center for Energy Policy There is instability in the leading oil producer within OPEC and the lowest cost producer in the World. Nothing like this has happened in Saudi Arabia since the middle of the last century. It is only a matter of the short term before the price ...

Will Fine


Posted 22 days agoOpinion > San Juan BasinNew Mexicosaudi +27

TouchstoneEnergy is establishing a real footprint in Texas!

TouchstoneEnergy business unit head Peter Davis is in Houston this week with Sarah Davis and David Singh, networking with existing TouchstoneEnergy clients and being introduced to more organisations who are looking to streamline their business processes. TouchstoneEnergy is the leading business sys ...

Marcus Kelly - TouchstoneEnergy


Posted 22 days agoPress > HoustonTexasNorth America +9

Oil and the Saudi Arabia threat

The big picture is struggle between Iran and Saudi Arabia to dominate the region or Islamic Middle East.It was the take-over generation that switched Saudi Arabia oil strategy from an anti-American shale and sand price and market share war against West Texas Intermediate oil to a reduction of outp ...

Will Fine


Posted 23 days agoLink > Saudi ArabiaSaudi Aramcooil price +35

TouchstoneEnergy signs leading independent global energy broker

TouchstoneEnergy was approached by a leading international commodities & energy broker to upgrade & enhance their back office financial management systems The new client has a worldwide presence as one of the largest independently owned brokers for traders, fabricators, producers, consumers, merc ...

Marcus Kelly - TouchstoneEnergy


Posted 29 days agoPress > TouchstoneCommoditiescommodity trading +10

Energy expert Daniel Fine examines Trump plan for U.S. energy ‘dominance’

The Trump administration has pushed an energy policy based on the notion of American self-sufficiency and energy “dominance.” Daniel Fine, associate director of the New Mexico Center for Energy Policy and senior policy analyst for the New Mexico State Department of Energy, Minerals, and Natural R ...

Will Fine


Posted 30 days agoLink > Permian BasinWhite HouseEnergy policy +51

"Dirty, Difficult, And Dangerous": Why Millennials Won't Work In Oil

Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil is "coo ...

Oilprice Staff


Posted 30 days agoOpinion > oil price

Don't Hold Your Breath For Deeper OPEC Cuts

The rally in oil prices over the past two weeks came to a halt on Wednesday on news that OPEC is actually exporting more oil than previously thought. A month ago, oil prices appeared to be higher than they should have been, with weak demand, elevated inventories, and a recognition that the nine- ...

Oilprice Staff


Posted 1 month agoOpinion > oil priceOPEC

Is There Still Hope For Higher Oil Prices?

Oil prices have cratered in recent weeks, dipping to their lowest levels in more than seven months and any sense of optimism has almost entirely disappeared. All signs point to a period of “lower for longer” for oil prices, a refrain that is all too familiar to those in the industry. WTI dipped be ...

Oilprice Staff


Posted 1 month agoOpinion > oil priceOPEC

Paper-intensive processes are proving to be a massive expense for the Oil and Gas industry – and a colossal waste of resources

Read on to discover how TouchstoneEnergy are streamlining financial operations for energy industry & keeping the Oil flowing..! A volatile oil price, capital intensive projects and constant change in regulation means that oil and gas companies are constantly fighting margin pressures. Inefficien ...

Marcus Kelly - TouchstoneEnergy


Posted 2 months agoPress > TouchstoneHurricane EnergyExploration and Production +8

Relief in Vienna as Nigeria takes a step back from the brink

OPEC has agreed to extend cuts in oil production by nine months to March 2018, following their meeting on Thursday in Vienna. Exempting Nigeria from the cuts may have avoided political meltdown in West Africa. Nigeria and Libya were once against exempt from making any such cuts, as they recover fro ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 months agoOpinion > OPECNigeriaoil price

U.S. Shale Is Immune To An Oil Price Crash In 2017

Since OPEC announced the production cut deal at the end of November, industry analysts have been warning that rising production from producers outside the deal—U.S. shale in particular—is effectively capping the oil price gains from that agreement. Four months after the OPEC/NOPEC deal took effect ...

Oilprice Staff


Posted 3 months agoOpinion > oil priceShale GasCrash +1

Linking finance and operations with a single view for Upstream Oil and Gas Companies

TouchstoneEnergy has carried out more than 200 successful upstream oil and gas projects in 40 countries across 5 continents TouchstoneEnergy's dedicated consultancy professionals have more than 400 man year's experience in the upstream oil and gas sector. They are able to bring industry knowledge ...

Marcus Kelly - TouchstoneEnergy


Posted 3 months agoPress > Touchstoneoil priceexploration +8