Oil Will Hit Levels “We Haven’t Seen In Our Lifetimes” If Iran Isn’t Stopped

Saudi Arabia’s Crown Prince Mohammed bin Salman has warned of astronomical oil prices in the event that tensions escalate in the Persian Gulf, two weeks after his country was hit by a drone and cruise missile attack that Riyadh and Washington have blamed on Iran.



Oil Prices Jump The Most Ever After Saudi Strike

Oil surged the most ever after a strike that wiped out about half of Saudi Arabia’s output capacity heightened concern about more destabilization in the world’s most important crude-producing region.



Weakening Shale Productivity “VERY Bullish” For Oil Prices

After years of improvements in drilling techniques and impressive “efficiency gains”, there is now evidence that the U.S. shale industry is reaching the end of the road on well productivity.