German Oil Control        

Three Russian oil refineries have come under German oil control, in order to regulate supply of diesel and gasoline products. This is likely an attempt to help soften the energy blow in Europe due to the Russian Invasion in Ukraine earlier this year. Not only has physical supply been tight in Europe since the Russian invasion, but […]

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Oil & Gas Production in the Permian

The second quarter of 2022 revealed that oil and gas production in the Permian Basin has exhibited no signs of slowing down production.  Nearly half of all oil investments conducted between April and June came from the Permian.  The Permian Basin is in West Texas and the adjoining area of southeastern New Mexico.  It covers […]

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What is the 2022 forecast for oil prices?

As our global economy recovers from the pandemic, energy prices increase as we continue to see inflation throughout the world. Two things that can affect whether prices at the gas pumps continue to increase are OPEC+ and U.S. shale outputs. With people resuming road and air travel, the global oil demand has almost rebounded to […]

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