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price forecasting

Gas Royalty Gambling

Gas prices remain depressed. No getting around that. The question beckons to be asked, “Is natural gas depressed or is this going to be the going rate for the future?”  This  is a very timely question if you want to

McCartney May 16, 2012 News No Comments Read more

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We are a data provider of geospatial information for the oil and gas industry. Using Artificial Intelligence and specialized software we create datasets that are critical for the oilfield.

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RSS feed: News from the Oil Patch News from the Oil Patch

  • Oil Tankers Flood Back Into Suez Canal As Red Sea Risk Grows September 8, 2026
    Suez Canal's revenue jumped by 42% in July from the same month last year as the number of oil tankers passing through the Egyptian gateway to the Mediterranean surged amid threats to shipping in the southern Red Sea and the Bab el-Mandeb Strait. The revenues rose to $505 million in July, according to data from […]
  • Gulf Producers Find Workarounds As Hormuz Tensions Persist September 8, 2026
    Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp up its crude oil shipments in recent […]
  • Vitol CEO: Global Fuel Markets Are "Tight and Inflexible" September 8, 2026
    Global fuel markets are very tight and inflexible, despite the higher flows out of the Persian Gulf in recent weeks, Russell Hardy, chief executive of the world's biggest independent oil trader, Vitol Group, said on Tuesday. "It's pretty, pretty tight and inflexible out there as far as the market is concerned," Hardy told the Asia […]
  • China’s Crude Buying Rebounds as Fuel Exports Jump 29% September 8, 2026
    China’s crude oil imports rose for the second consecutive month in August as refiners turned to additional non-Middle Eastern supply and boosted overseas fuel shipments amid eased export restrictions.   China imported 37.93 million tons, or 8.93 million barrels per day (bpd) of crude oil in August, up by 6.2% compared to July, and further […]
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