Rystad Energy – Oil & Gas 360

Oil prices fall below $70 amid weak data and market concerns, Rystad Energy reports

September 13, 2024

World Oil (WO) — At the Asia Pacific Petroleum Conference (APPEC) in Singapore this week, traders were generally bearish, with many predicting oil prices could drop to $60 per barrel, despite Brent crude falling below $70, according to Rystad Energy. This pessimism contrasts with supply and demand fundamentals that suggest inventory draws in the latter half of the year, which

Oil prices fall below $70 amid weak data and market concerns, Rystad Energy reports

September 12, 2024

Digital feature: Premium energy basins at center stage to decrease carbon emissions on rising oil and gas demand

September 3, 2024

World Oil (WO) – Despite the accelerating energy transition, oil and gas will remain central to the global energy mix for the foreseeable future as the key hydrocarbon sources continue to satisfy global primary energy demand, which is projected to exceed 650 exajoules (EJ) in the coming years. Rystad Energy estimates that by 2030, more than 75% of total demand

Oil market nears breakout point

July 31, 2024

Oil Price Crude oil prices have been tightly range-bound for about a year now, with bearish and bullish factors largely balancing each other out. But one Wall Street major believes the market is nearing a breakout point. The only question is whether the breakout will be a bearish or a bullish one. In a recent note, Bank of America analysts referred to

Petrobras shares swing “wildly” amidst reports that CEO Jean Paul Prates departure is near

April 4, 2024

World Oil (Bloomberg) – Petroleo Brasileiro’s shares swung wildly on Thursday as traders digested local media reports on the impending departure of Chief Executive Officer Jean Paul Prates and the prospect of future dividend payments. Petrobras, as the state-controlled oil giant is known, climbed as much as 3.4% in Sao Paulo in a volatile session. The stock fell sharply after

Rystad Energy expects strong demand to drive oil prices higher

January 24, 2024

Oil Price Global oil demand remains pretty solid and could surprise to the upside this year, tightening market balances and potentially leading to higher prices, Claudio Galimberti, head of global oil macro research at Rystad Energy, told Bloomberg in an interview this week. So far into 2024, oil prices have remained stuck in a narrow trading range of around $75 to $80

LNG price rally could boost oil demand- Rystad Energy

September 28, 2021

Reuters Publisher’s Note: Don’t miss Rystad Energy presentation on Energy Transition and the Impact on Oil at EnerCom’s The Oil & Gas Conference 2021. LONDON – The rally in liquefied natural gas (LNG) prices has widened the gap with oil prices and could boost oil demand by 400,000 barrels a day (bpd) on average over the next two quarters, according

Exclusive: Rystad Energy at The Oil & Gas Conference

September 27, 2021

Rystad Energy is an independent energy research and business intelligence company providing data, tools, analytics and consultancy services to the global energy industry. Our products and services cover energy fundamentals and the global and regional upstream, oilfield services and renewable energy industries, tailored to analysts, managers and executives alike. We are headquartered in Oslo, Norway with offices across the globe.

Analysis: Iran oil output faces race against time as U.S. sanctions linger

February 12, 2021

Reuters LONDON/SINGAPORE – Iran’s oil reserves risk becoming stranded assets unless the new U.S. administration eases sanctions that have left the country lagging rivals in output capacity and losing a race against time as the transition to low carbon energy gathers pace. Iran, which sits on the world’s fourth-largest oil reserves, relies heavily on oil revenue, but sanctions have prevented

Argentina’s Vaca Muerta tight oil deposit is now producing at record levels, matching US well scores

February 4, 2021

Rystad Energy February 3, 2021 The oil production decline that the Covid-19 pandemic brought to Argentina’s Vaca Muerta formation now seems like a distant memory. The reserve’s oil output has not only rebounded to pre-pandemic levels but also reached a record high of 124,000 barrels per day (bpd) in December 2020, a Rystad Energy report reveals. The ascent can continue

Pipeline doubts put Bakken shale reboot on hold

July 29, 2020

Reuters Publisher’s Note: Northern Oil and Gas will be presenting at The Oil and Gas Conference on August 17-19, 2020, 1 x 1 investor meetings are open, schedule your meeting with NOG now. North Dakota oil producers face new pressures to delay bringing back more of their recently curbed output after a U.S. court ruling this month put in jeopardy

Global natural gas production to fall by 2.6% this year: Rystad Energy

June 23, 2020

Reuters LONDON – Global natural gas output is set to fall by 2.6% this year because of the impact of the COVID-19 pandemic, after previously being expected to grow, consultancy Rystad Energy said on Tuesday. Rystad Energy had expected total natural gas production to rise to 4,233 billion cubic meters (bcm) in 2020 from 4,069 bcm last year. Now it

Premium Content