In this episode of Monday Madness your host Tavis dives into the history of the potential energy secretary, PEMEX’s domination of Mexico oil production and refining, and Saudi Arabia’s newest
Predicting The OPEC+ Path
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis discuss the fact that without a doubt, oil demand is on the rebound and unfortunately may be
Opinion Piece: How Will OPEC+ Respond?
There is no denying global oil demand is on the rebound, and unfortunately it may be slowed by a new round of lockdowns gripping the United States and Europe from a second wave of the global pandemic. Even though many countries in the OPEC+ group rely on oil revenues to support their national economies, RARE PETRO anticipates they will most likely continue overall production cuts instead of boosting output in January. Regardless of whether or not the current production cuts of 7.7 MMBPD are extended, any move by OPEC+ to keep cuts above 5.8 MMBPD beyond January should be received favorably by the market and may give oil prices additional upward momentum.
Monday Madness: November 23
In this episode your host Tavis talks about how the COGCC has transformed into the opposite of what it should be, the history of setbacks in Colorado, and the development
Monday Madness: September 8
Happy Labor Day! In this episode your host Tavis talks about factors limiting future pricing, a persistent ocean fire, additional outages in California, Whiting’s return from bankruptcy, and Saudi’s new
Monday Madness: June 8
In this episode your host Tavis speaks on renewed OPEC cuts, Cristobal, China bolstering its economy, and happy futures. Music: https://www.bensound.com/royalty-free-music
Monday Madness: May 11
This episode your host Tavis speaks on the (small) potential for $100/barrel oil, potential for conflict between the US and Saudi Arabia, and a second outbreak(?)! This and more on
OPEC+ Cuts – A Sigh Without Relief
Members of the group dubbed OPEC+ have (nearly) come to an agreement upon global production cuts, but the market has failed to respond. Does this spell disaster for the industry?
Predictions Before Thursday’s OPEC+ Meeting
Will Thursday’s OPEC+ meeting lead to global production cuts or will talks fall apart and end without a deal?
Monday Madness: April 6
In this episode your host Tavis talks about ineffective face masks, the mean-girl slander between Russia and Saudi Arabia, and Texas making steps to push Trump to do its bidding.
BREAKING NEWS – End of the Price War?
Oil prices surged this morning as President Trump announced Saudi Arabia and Russia would be cutting back 10 million barrels of production with more potentially on the horizon. As the White House meets with at least seven U.S. energy CEOs on Friday and an emergency OPEC+ meeting in the coming weeks, the news comes as a brief sigh of relief in a time when our industry is struggling to keep its head above water.
Disaster on the Horizon
With the world increasingly oversupplied due to a global pandemic and overproduction flooding the market, crude is being forced into storage in hopes of a future when prices begin to stabilize. The only problem – storage is reaching capacity.