Thursday, November 28, 2024

WTI Meets Definition of Bull Market as OPEC Talks About a New Freeze

This time Iran indicates that it would be willing to cooperate with a new production freeze Oil prices rose today as news that Iran may be ready to join a wider production freeze surfaced. Both OPEC and non-OPEC producers such as Russia previously tried to implement a production freeze, but were unsuccessful when Saudi Arabia insisted that Iran take part

Three Barrels, Great People and a Co-Mingled Sweet Spot: The Oil & Gas Conference® Panel Roundup

Chinese Oil & Gas Industry Remains a Major Player At last week’s EnerCom conference, Dr. Lei Wang, a postgraduate researcher in Petroleum Engineering at the Colorado School of Mines, presented an overview of China’s crude oil and natural gas industry and discussed important ongoing energy trends in the country. China, currently the fourth largest petroleum producer in the world, is