While I was gone visiting our supply chain, we received quite a bit of news that may give us some indication on the probability of OPEC agreeing to freeze production at...

The major international agencies that monitor, advise, or seek to control oil release monthly reports. Below is a summary of the major changes noted by each. I would encourage you to...

 Each week, 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 summarize the major reports...

We still have to have some fun during the downturn, and Five Star needs your help! We have already given away two Yeti Coolers for leaving us a review promotion, and...

One question that we keep going back to is how efficient are the new wells being drilled? This question is critical to determining the profitability of a well and what price...

Since the start of August, Crude oil prices have risen about 15% on speculation that OPEC may agree to a production freeze coupled with a weakening U.S. Dollar (although they took...

Each week, 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 summarize the major reports...

Hedge Fund Increase Net Long Positions Crude has rallied a bit over the last two weeks. Hedge funds increased their combined net long position in NYMEX+ICE WTI by +18 million bbl...

In one of our recent articles, we reported that oil and gas companies have reduced planned spending through 2020 by a whopping $1 trillion USD. (See also http://www.cnbc.com/2016/06/15/global-oil-industrys-retrenchment-tops-a-staggering-1-trillion.html).   This number is...

This was a great week for the price of oil, marked by two major occurrences that allowed a bull rally. As of Thursday, West Texas Intermediate (WTI) had gained 11.15% over...