The number of wells drilled in North Dakota has risen to reach 15,000 for the first time, underlining the rapid development of the Bakken shale
Tag: OPEC
Global Oil Demand to Accelerate Next Year
Global oil demand will expedite next year as the global economy resumes its growth. The demand will again encounter not only increasing growth rates across
Iraq Crisis Pointing to Canadian Oil Sands’ Strategic Importance
The escalating crisis in Iraq and the looming geopolitical turmoil in the Middle East have highlighted the urgent need to increase output of Canada’s oil
Algeria Assessing Its Shale Oil Potentials
Algerian energy minister Youssef Youssfi has said his country is interested in shale oil and natural gas to enhance diversity of energy sector. At a
Low Market Volatility of Crude Oil to Continue
Crude oil has been going through a period of relatively low market volatility for quite some time. According to the latest report by the investment