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Oil Prices Crash To Pre-OPEC Deal Levels

Oil prices dropped on Thursday to their lowest level since last November, with Brent breaking below $50, amid concerns of rising global supply and still high inventories.At 11:22am EDT, WTI Crude was trading down 2.82…

Kuwait Sees $80 Oil By 2020

A number of oil executives, analysts, and international agencies have been warning that the oil price crash and resulting slashed investments across the board would lead to a much tighter oil market within the next…

Baker Hughes Brings Shale Tech To Deepwater

Baker Hughes has taken efficiency efforts in oil and gas a potentially big step further on the road to even lower production costs. Its DeepFrac technology, officially presented at the Offshore Technology Conference in Houston, promises…

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