Saturday, January 18, 2025

Oil and Gas is Looking Up: Energy Executives

Activity at record, still accelerating Energy executives are becoming steadily more optimistic about the industry, according to the Federal Reserve Bank of Dallas’ most recent Energy Survey. The Fed’s business activity index, which examines the overall activity level in oil and gas, reached 44.5 this quarter, the highest result seen by the Dallas Fed, which began its Energy Survey in

OPEC oil prices

OPEC Members Swing Wildly

OPEC, driven by new 405 MBOPD of Saudi production, announces largest net production increase in 12 months OPEC has released its Monthly Oil Market Report, outlining the cartel’s assessment of the state of the international oil industry. The group produced an estimated 32,327 MBOPD in June, up significantly from last month. Net output is up 173.4 MBOPD, the largest single-month