News

December 1, 2021

Russia’s Oil Reserves Are Becoming Increasingly Hard To Recover

Nearly all of Russia’s oil production will consist of the so-called hard-to-recover crude reserves unless the country speeds up and incentivizes exploration, Russia’s Deputy Energy Minister […]
December 1, 2021

Cushing Crude Inventories Are Rising As Oil Prices Fall

Crude stocks at Cushing have been rising in recent weeks, with another build expected for the last week, amid the sell-off in WTI Crude on Friday […]
December 1, 2021

The Oil Industry Is Facing A Labor Shortage

The oil and gas industry worldwide faces a talent gap as workers contemplate moving to renewables or leaving the energy industry altogether, a survey by recruitment […]
December 1, 2021

Small Crude Draw Fails To Boost Oil Prices

The American Petroleum Institute (API) reported an inventory draw in crude oil. This week, the API estimated the inventory draw for crude oil to be 747,000 […]
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