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What the Heck, OPEC?

June 21, 2018 |
Many US independent E&Ps have begun generating positive free cash flow in 2018, crediting capital discipline, operational efficiencies and, perhaps most importantly, higher crude prices. The rise in oil prices over the past year has many drivers, but the...
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Heavy Crude in Short Supply?

June 15, 2018 |
While production of US light crude oil is surging, the heavy crude oil market is staring down continued declines out of Venezuela.  Venezuela’s state-run PVDSA continues to struggle with dock and loading capacity for Venezuelan crude following the seizure of...
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