Tag Archives: Brent Price

U.S. crude oil output to soar till 2020 despite price rout: EIA

(Reuters) – The U.S. government on Tuesday forecast domestic crude production will rise even more than expected a year ago, undeterred by the worst price rout since the financial crisis. U.S. crude oil production will peak at 10.6 million barrels … Continue reading

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Oil prices likely to rebound in second half of 2015: Reuters poll

By Koustav Samanta and Vijaykumar Vedala, Reuters, December 22, 2014 (Reuters) – Crude oil prices are likely to bottom out in the first half of 2015, until a possible slowdown in U.S. shale production counters a supply glut exacerbated by … Continue reading

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Sub-$50 Oil Surfaces in North Dakota Amid Regional Discounts

By Dan Murtaugh – Bloomberg – Dec 3, 2014 Oil market analysts are debating if oil will fall to $50. In North Dakota, prices are already there. Crude sold at the wellhead in the Bakken shale region in North Dakota … Continue reading

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