What an eye-grabbing title for an article that Dusgyant Choudhary recently wrote. The article is written with a date of April 1, 2021, and it shows Brent Crude hitting $150.00 per barrel. With oil having a hard time hitting $60 present day, it’s not hard to imagine...
Could the world really start trading oil in yuan? It could be a possibility if China can coerce Saudi Arabia to be the first. Chief economist and managing director at High Frequency Economics, Carl Weinberg, believes that: “Beijing stands to become the most dominant...
Paris-based International Energy Agency (IEA) released its monthly oil market report on Thursday. The report stated global supply and demand for crude oil will be balanced three out of the four quarters in 2018, assuming OPEC production and normal weather conditions...
Eric Nuttall, Senior Portfolio Manager at Sprott Energy Fund released Sprott’s August Commentary, giving TAG Oil and our readers his thoughts on the energy investment world, which he calls, “one giant game of Survivor.” Although institutional ownership is at its...
A union between Microsoft and oil field service giant Halliburton is about to take place, with a plan to take the oil and gas industry digital. The main areas they will focus on changing are: Deep learning to reservoir characterization, Modeling and simulation,...
The IEA recently released their World Energy Investment, giving a good overview of the trends that occurred in 2016. Here are a few of the stats that caught our eye: Energy investment worldwide accounted for 2.2% of global GDP with an investment of just over $1.7...