The Permian Basin Still Has More to Offer
The Permian Is Not Done Yet Back in 2017, oil production in the Permian stood at 2.2 million barrels daily. Today, the Permian is producing over 6 million barrels daily, accounting for nearly half of the U.S. total. Predictions of a looming peak have lately multiplied, but according to Wood Mackenzie, the Permian is not […]
What to Anticipate from Magnolia Oil & Gas Q1 Earnings Amidst a Fluctuating Commodity Market?
What To Expect From Magnolia Oil & Gas Q1 Earnings In Volatile Commodity Environment? J.P. Morgan analyst Zach Parham shared his view on Magnolia Oil & Gas Corporation (NYSE:MGY) ahead of the earnings release on May 1st. The analyst maintained a Neutral rating on the stock with a price forecast of $24 after updating for […]
From Humble Beginnings to Prosperity: Guyana’s Rapid Transformation into a Petrostate
From Rags to Riches: Guyana’s Meteoric Rise as a Petrostate Oil tumbled at the end of the U.S. summer driving season, with fears of an economic slump in China weighing heavily on the outlook for petroleum. As such, the international Brent benchmark plunged by over 12% in a month to lows not seen since early […]