Wanli Going On
EIA estimates that by 2018, the average oil price will be $ 50 / barrel
EIA now forecasts Brent crude oil spot prices to average $51/bbl in 2017 and $52/bbl in 2018. West Texas Intermediate (WTI) crude oil prices are expected to be $2/bbl lower than Brent prices in 2017 a
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Permian oil producers hedging 65% of their output at $50/bbl
Crude oil-weighted operators in the Permian basin have hedged 65% of their remaining 2017 oil production at $50/bbl and 50% of their remaining gas production at $3/Mcf, according to analysis from IHS
View more newsIndonesia offers 15 oil and gas blocks to potential companies
Indonesia’s crude oil production declined over the last decade due to the natural maturation of producing oil fields combined with a slower reserve replacement rate because of decreased exploration/in
View more newsOPEC took the initiative to meet with US shale oil and gas companies
OPEC Secretary General recently said that OPEC took an active "ice breaking", meeting with major US shale oil and gas companies during the World Oil Congress in Istanbul, Turkey, was product
View more newsInternational oil prices rose on the 5th
According to Bloomberg, the US government will release 1 million barrels of oil from strategic reserves and supply oil refineries along the Gulf of Mexico. This is the first time the United States has
View more newsHigh energy consuming industry is struggling
In recent years, China's soaring economy brings the subsequent problems of severe environmental pollution. With Chinese government puts more efforts on environmental protection, environmental prot
View more newsIndia hope the foreign investors to participate in energy projects
According to Reuters, October 10, New Delhi reported that Indian oil and gas minister Pradan on Tuesday (10) in New Delhi said that because India intends to cut imports, the world's third largest
View more newsThe United Arab Emirates expects oil prices to rebound
The United Arab Emirates national newspaper reports, the energy minister ma road, said recently that in the past two months, the United Arab Emirates oil exports by 10%, completely fulfilled his promi
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