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Why The Next Oil Boom Will Be Fueled By Blockchain

By Meredith Taylor Big Oil is due for a disruption. The world's most important industry has been carrying on without any significant changes in its day to day routine for far too long. But now, the new tech on the block has its sights set on the multi-trillion-dollar oil and gas sector. It ...

Oilprice Staff


Posted 1 day agoOpinion > oilpriceOilBoom +5

Oil Prices Ravaged By Financial Turmoil

By Nick Cunningham of Oilprice.com Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market. The steady decline of the U.S. dollar has helped drive up crude prices for weeks , but that came to an abrupt halt last week. A rebound for ...

Oilprice Staff


Posted 12 days agoOpinion > oil priceoilpriceTurmoil +3

Can The Shale Boom Avoid These Bottlenecks?

By Nick Cunningham of Oilprice.com Shale companies continue to drill at a frenzied pace, adding rigs and breaking U.S. oil production levels with each passing week. Yet, the oil production is becoming increasingly geographically concentrated. Not only is the Permian basin accounting for much of ...

Oilprice Staff


Posted 22 days agoOpinion > United StatesUSEIA +5

Why Is The Shale Industry Still Not Profitable?

By Nick Cunningham of Oilprice.com Echoing the criticism of too much hype surrounding U.S. shale from the Saudi oil minister last week, a new report finds that shale drilling is still largely not profitable. Not only that, but costs are on the rise and drillers are pursuing "irrational produc ...

Oilprice Staff


Posted 25 days agoOpinion > United StatesUSShale +2

The One Indicator OPEC Must Watch

By Nick Cunningham of Oilprice.com “We will not let go of our current approach until we reach a balanced market,” Saudi oil minister Khalid al-Falih said Monday at a news conference in Riyadh. OPEC ended months of speculation last week when it decided to extend its production cuts through th ...

Oilprice Staff


Posted 2 months agoOpinion > OPECoilpriceSaudi Arabia +1
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