Forecast
News
July 16, 2018
In the July 2018 update of its Short–Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that Brent crude oil prices will average $73/bbl in the second half of 2018 and $69/bbl in 2019.
News
July 06, 2018
Oil investors may regret urging companies to cough up cash now instead of investing in growth for later as the dearth of exploration is setting the stage for an unprecedented crude price spike, according to Sanford C. Bernstein & Co.
News
June 26, 2018
Strong demand growth from China, greater industrial demand, and rising supplies from the United States, will transform global natural gas markets over the next five years according to the International Energy Agency's latest market forecast.
News
June 13, 2018
During the opening day, Tuesday, of this year’s Global Petroleum Show in Calgary, the Canadian Association of Petroleum Producers (CAPP) released its 2018 Crude Oil Forecast, Markets and Transportation report.
News
May 16, 2018
The International Energy Agency cut forecasts for global oil demand growth in 2018 as the highest prices in three years put a brake on consumption.
News
January 11, 2018
EIA’s January Short-Term Energy Outlook forecasts Brent crude oil to average $60/bbl in 2018 and $61/bbl in 2019, slightly higher than the $54/bbl average in 2017. In both 2018 and 2019, EIA expects total global crude oil production to be slightly greater than global consumption, with U.S. crude oil production increasing more than any other country.
News
December 29, 2017
Data released today from EIA for October largely confirms earlier predictions by Rystad Energy that U.S. oil production could reach 10 MMbpd at the end of 2017.
News
December 29, 2017
U.S. natural gas staged the biggest rally in two months as a frigid forecast signaled demand for the power-plant fuel may surge to new highs through the start of 2018.
News
December 29, 2017
Oil continued its revival from the biggest crash in a generation, with prices set for a second annual gain after a year marked by hurricanes, Middle East conflict and the tussle between OPEC and U.S. shale.
News
December 15, 2017
The two most critical forecasts of global oil markets offer contrasting visions for 2018: one in which OPEC finally succeeds in clearing a supply glut, and another where that goal remains elusive.
News
December 14, 2017
Oil’s slump is over and industry domination beckons, according to Goldman Sachs Group Inc.
News
December 05, 2017
Drillinginfo, the energy industry's leading SaaS and data analytics company, announced today it has acquired Dallas-based Pattern Recognition Technologies (PRT), a global leader in energy forecasting.
News
December 04, 2017
Oil dropped below $58/bbl as investors weighed an increase in U.S. drilling rigs against OPEC’s promise to extend output cuts through the end of next year.
News
December 01, 2017
Don’t worry about long-term oil supply, according to Goldman Sachs Group Inc.
News
December 01, 2017
Turns out, America’s decade-long shale boom might just end up being a little too good to be true.
News
November 30, 2017
Add another bullish forecast for U.S. oil to the pile of confusion confronting OPEC.
News
November 30, 2017
Contractor confidence in the UK Continental Shelf (UKCS) has risen with almost half being more confident about their prospects for the first time since 2013, according to an industry report released today.
News
November 28, 2017
OPEC’s in a quagmire, foreshadowing disappointment for oil bulls counting on the group and its allies extending output curbs by nine months, according to Goldman Sachs Group Inc.
News
November 27, 2017
The clash between OPEC and America’s oil industry is reaching a day of reckoning.
News
November 21, 2017
Andy Hall, the veteran crude trader who closed his hedge fund this year, will brief OPEC officials on the outlook for U.S. shale oil, according to a copy of the agenda seen by Bloomberg News.
News
November 16, 2017
The boom in U.S. shale-oil production requires "more sophisticated" forecasting than ever, billionaire oilman Harold Hamm said in an interview.
