Oil & Energy Investor by Dr. Kent Moors

Here’s what I’m watching this week

by | published January 27th, 2020

From the latest gathering of world leaders to a new epidemic scare and more, there are a number of external factors driving the energy market right now – which means a busy week of sifting through the fallout.

Here’s what I am doing this week:

1. Examining the unusual connection between a new Chinese virus and oil prices.

2. Analyzing the latest global energy demand data.

See the rest of my plans for this week

What You Need to Know about the Pressures on U.S. Shale Oil

by | published January 22nd, 2020

Toward the end of 2019, several studies appeared indicating that U.S. shale oil production was peaking. Several of these further predicted a rather steep decline in overall volume was coming.

Now, to put matters in perspective, there is hardly the prospect that shale oil will be cratering. Everybody continues to acknowledge that the aggregate totals will advance this year. Nonetheless, the average estimate of how much that rise will be has been tempered. The consensus has moved down to between 400,000 and 500,000 barrels a day from initial projections in excess of 700,000.

Initial (and rather premature) estimates for 2021 are calling for even more constricted advances, with several putting it at only 100,000 barrels a day of new production.

Yet placing this in perspective, daily U.S. totals now regularly lead worldwide production at more than 12 million barrels. Some analysts are suggesting a surge to more than 13 million during 2020.

It’s what is shaping up after this year that has the industry on edge…