Blog | Blackbeard Data Analytics

The Oil Demand Outlook that COP28 Leaders Would Hate December 7, 2023
This week, a report from a climate organization warned that emissions from the combustion of hydrocarbons are set for a record this year. This is despite the massive buildout of wind and solar capacity, hundreds of billions of investments in alternatives of hydrocarbons, and pledges for a lot more. There appears to be a gap between stated […]
Oil Demand Will Take a Hit from Yet Another Decline in U.S. Manufacturing December 7, 2023
U.S. manufacturing activity has declined for the 13th consecutive month, making this an unusually lengthy downturn. The manufacturing purchasing managers index by the Institute for Supply Management (ISM) clocked in at 46.7 (14th percentile for all months since 1980) in November 2023, marking the 13th straight month the index has dipped below the 50-point threshold since November […]
Funds Could Play Bigger Role in Energy Capital Markets December 6, 2023
Long-term investors are showing signs of activism in what could be the beginning of a shift in how funds are prepared to deploy their significant capital. The most recent example of the start of a change in global finance is the biggest Australian pension fund, AustralianSuper, which has opposed the now-failed $11-billion bid for Australia’s top energy […]
SEC Focused on Asset Retirement Obligations December 6, 2023
The Securities and Exchange Commission (SEC) considers carefully what it says in public, so when its senior petroleum engineer makes a rare appearance in Houston to talk with oil reserves engineers – even not as an official spokesperson – his comments merit attention. The message boils down to this: Abandonment costs have now become “a […]