Oilholics Synonymous Report
NOVEMBER 30, 2024
The last few weeks have brought range-bound volatility to the oil market with Brent futures oscillating between $70 and $75 per barrel. All the while rising numbers of non-OPEC, especially US, barrels continue to hit the market.
Oil & Gas 360º
MARCH 11, 2025
lower-48-state crude oil production approached 13 million barrels per day (mmbd) five years ago (Figure 11, green dot). T he information presented in this article is not intended as financial advice. Energy Information Administration data) U.S. It then dropped with the Coronavirus Recession down to around 10.5
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Rextag
NOVEMBER 25, 2024
crude oil inventories grew by 545,000 barrels last week to reach 430.3 million barrels , defying analyst forecasts of an 800,000-barrel decline. million barrels to 389.2 million barrels, while stockpiles at Cushing, Oklahomathe key Nymex delivery hubfell by 140,000 barrels to 25.1 million barrels.
Reporting Oil and Gas
NOVEMBER 28, 2023
million barrels, according to Finance Minister Ken Ofori-Atta. Addressing Parliament while presenting the 2024 budget and economic policy, the finance minister detailed that the Greater Jubilee field contributed 21.94 million barrels, the TEN field produced 5.02 million barrels, and the Sankofa-Gye Nyame field yielded 8.46
Iraq Business News: Oil & Gas
FEBRUARY 6, 2025
According to a company statement this morning: " Net production climbed 50 percent year-on-year to 77,300 barrels of oil equivalent per day (boepd), to which Kurdistan contributed 59,000 boepd, North Sea 15,200 boepd and West Africa 3,100 boepd. "At Ownership Structure DNO: 64% operated interest (80% paying interest).
The Energy Law
JULY 26, 2013
After a two-week bench trial, the District Court found that CITGO was merely negligent (rather than grossly negligent) under the CWA; that approximately 54,000 barrels of oil had spilled; and that a penalty of $111 per barrel was reasonable in light of the evidence presented, for a total penalty of $6 million.
Crude Oil Futures
DECEMBER 2, 2024
The analysts at S&P Global disclosed last week that the UAE has been exceeding the production by 700,000 barrels more than what it agreed to, with the OPEC+, from January to October.; As for Saudi Arabia, the current break-even price is higher than the oil price of crude at present. That, however, is not the end of the story.
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