Demand and production increases are common themes in the outlook for oil in 2014.
Articles Tagged "oil production"
Brent crude futures climbed to a one-week high on Monday after economic data hinted that November saw a growing manufacturing sector in China, Europe and the United States.
An exciting period of growth has hit oil exploration and development in North Africa.
Below are the top 10 oil companies of 2012, ranked by daily production.
The global oil landscape is rapidly changing, with "shockwaves" from supply growth in the US due to shale gas, light tight oil as well as the Canadian oil sands extending to "virtually all recess of the global market," according to the International Energy Agency.
Bloomberg reported that after 14 months of halted production, South Sudan has now resumed oil output but analysts said it could take a year to reach pre-shutdown output levels due to damage to equipment.
Trafina Energy Ltd. (TSXV:TFA.A) announced that a fourth oil well at McMullen, Alberta is now producing.
Reuters reported that an incoming storm in the Gulf of Mexico has forced oil companies to temporarily shut down some platforms.
The rapidly growing shale oil industry in Texas could signal a coming oil boom for the United States.
Seeking Alpha reported on seven oil and gas companies showing potential for higher production.