Despite pronounced weakness at the end of the week, Brent and WTI traded generally sideways last week.
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Ashley Petersen
BHP_BP_Anadarko_Chesapeake_Williams_Northern Oil and Gas_Pioneer
Williams, Northern Oil & Gas, Pioneer Natural Resources also made A&D news this week. And, how much more oil is Anadarko producing in the Permian?
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Jessica Morales
Schlumberger_Halliburton_ConocoPhillips_Total_Occidental Petroleum
Oilfield services giants Schlumberger and Halliburton got the ball rolling with second-quarter earnings reports this week as higher oil prices boosted earnings for producers.
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Jessica Morales
What's Affecting Oil Prices the Week of July 23, 2018? (Source: Shutterstock.com)
For the week ahead, Stratas Advisors expect geopolitical concerns to help stop the crude price bleeding and allow Brent to trade generally sideways.
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Ashley Petersen
industryvoice_Protechnics_hydrocarbon_production
Addressing the need to accurately profile hydrocarbon production, FlowProfiler “Engineered Delivery System” precisely places oil tracers with proppant in to the fracture network.
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ConocoPhillips_Alaska_IEA_World Energy_Plains All American Cactus II_steel tariffs
Plains All American’s Cactus II pipeline became the first major energy project to be denied an exclusion to the tariff on imported steel. 
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Jessica Morales
Brent and WTI both fell last week as supply outages eased and Russia and other producers continued to reiterate that they could provide additional supplies if needed.
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Ashley Petersen
EIA_EPA_Brent Kavanaugh_Andrew Wheeler_Brent Crude
Also in the headlines this week, the EIA reported U.S. crude stocks fell nearly 13 million barrels last week. Oil prices rebounded on the news but then later retreated
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Jessica Morales
Brent prices were nearly flat, up only 37 cents to average $77.56/bbl. WTI prices saw more support, rising nearly $2 to average $73.71/bbl.
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Ashley Petersen
Mexico_ConocoPhillips_Chevron_North Sea_OPEC_Trump
Chevron joins other majors in scaling back North Sea presence.
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Jessica Morales, Hart Energy
DUG East_PIOGA_Steptoe & Johnson_CNX Resources_APEX Energy
At DUG East, executives and experts touted Appalachia’s natural gas potential and pick up in infrastructure projects.
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Jessica Morales
Brent prices rose $2.44/bbl to average $77.19/bbl. WTI prices rose $5.54/bbl to average $71.79/bbl.
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Ashley Petersen

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