The Week In Numbers for the Week Ending 12-02-2016

In each edition of the Standard, we strive to provide you a bare bones summary of what happened to the price of WTI, Natural Gas, and Brent Crude. In addition, we...
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Ty’s Take for the Week Ending 12-02-16

This week the big news is the OPEC freeze deal. As those of you who regularly read The Five Star Standard probably know, I have been a big cynic of OPEC...
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Paris Agreement On Climate Change Goes Into Effect. What Does it Mean for Oil?

In November 2016, the Paris Agreement on Climate Change went into effect. A total of 193 Nations are signatories, 115 of which have ratified the convention, including the United States. The...
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OPEC Reaches Deal on Production Freeze

History On The Deal So finally, we get to give some good news!!!! We have a deal from OPEC on a production freeze. As you might remember, OPEC reached a preliminary...
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Biggest Oil Find Ever in US. Russia Also Gets A Boost.

As everyone in the World knows, things are bigger in Texas. They just are. According to a survey released on November 18, 2016, by the US Geological Service, the Midland Basin...
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