Post Tagged with: "outlook"

Source: Reuters

Oil rises as China recovery, U.S. buyback plan brighten outlook

Nasdaq


SINGAPORE – Oil rose on Monday as the prospect of demand recovery, led by China’s loosening of COVID-19 curbs and the United States’ decision to buy back oil for its state reserves, gained the upper hand over global recession …

Source: Reuters

Repsol’s long-term oil price outlook aligns with rivals

Reuters


LONDON  – Spanish energy major Repsol (REP.MC) lowered its oil price LCOc1 assumptions on Thursday, bringing its long-term outlook in line with most European rivals which have booked writedowns and leaving Equinor as a bullish outlier in …

Oil & Gas 360

World Will Rely on Shale for Future Production Growth: Kaplan

Dallas Fed chief sees global energy markets retaining “fragile equilibrium” during the next few years

Kaplan said that because of the recent years’ reduced investments in large offshore and oilsands projects that can take many years and many millions up …

Oil Production in the Permian Will Double From 2017-2023 – IHS

Oil Production in the Permian Will Double From 2017-2023 – IHS

EIA forecasts 11.8 MMBOPD for total U.S. oil production in 2019

A new IHS Markit outlook released today expects the Permian Basin’s crude oil production to more than double its 2017 record of 2.5 MMb/d to 5.4 MMb/d by 2023.…