Higher Well Productivity and Crude Oil Prices Drive U.S. Crude Oil Production Forecast

The August Short-Term Energy Outlook (STEO) has revised upwards the forecast for U.S. crude oil production in the Lower 48 states (L48) for 2023 and 2024. The increase in the ... Read MoreRead More

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The Impact of the US Dollar (USD) and Inflation on Oil Prices – July 2023:

The US dollar (USD) index showed resilience in June, gaining 0.3% month-on-month (m-o-m) for the second consecutive month. The currency faced various challenges throughout the month, with the US Federal ... Read MoreRead More

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Summary of the IEA Oil Market Report – June 2023:

The IEA Oil Market Report (OMR) provides comprehensive data, forecasts, and analysis of the global oil market, covering aspects such as supply, demand, inventories, prices, and refining activity for both ... Read MoreRead More

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