Ellen R. Wald, Ph.D.

U.S. oil production could be flatlining at about 12.1 million bpd in 2023 Even if they manage to drill more wells, U.S. producers would likely be stuck with oil they cannot transport Conversely,...

With global demand expected to grow, the central question for traders is whether oil supply will be able to meet demand in 2023 EIA forecasts that global oil production will grow by 1 million bpd,...

Recently, the Federal Reserve Bank of Dallas surveyed 152 energy firms in Texas, Louisiana, and New Mexico According to the survey, the industry is expecting higher drilling costs and marginally...

Above-average winter temperatures are prompting traders to sell natural gas contracts, pushing prices lower However, winter has technically just begun, and the situation could easily change before...

Major institutions have cut their oil price forecasts for 2023 The end of China’s zero-COVID policy is one of the main factors that could lead to higher prices Here’s a look at some of the...

2022 was a very volatile year for oil prices Geopolitical events forced producers and consumers to make significant changes to the flow of oil around the world Here are six lessons taught by the...

The price of oil is not the only factor leading to lower pump prices lately Refineries have been running at nearly full capacity at a time when they usually run at lower capacities The reason is that...

The IEA says renewables will “become the largest source of global electricity generation by early 2025” However, the latest market numbers indicate otherwise Renewables are not likely to...

I have written in depth about the upcoming Russian oil sanctions and price cap and outlined two basic scenarios for how traders can expect the market to react. However, no consensus has been reached...

OPEC and OPEC+ aren’t meeting until Dec. 4, but rumors about OPEC’s plans for oil production are already making headlines and moving the market. On Monday, the Wall Street Journal reported...