OklahomaMinerals.com

Featured
Latest
Popular

EIA Again Raises WTI Crude Price Forecast for Both 2025 and 2026 In its latest short-term energy outlook (STEO) released December 9th.

Oil & Gas News

EIA Again Raises WTI Price Forecast for Both 2025 and 2026

Rising tensions with the U.S. and Venezuela could lead to profound changes in the oil industry of the world’s largest crude resource holder.

International

Venezuela’s Oil Future Hinges on U.S. Tensions and Possible Regime Shift

Oil production in the Permian basin is poised to peak in December a watershed moment for the shale boom that upended the global energy market

Oil & Gas News

Permian Basin Enters Era of ‘Industrialized Stability’ as Production Peaks

205

Oil & Gas News

Record Crude Production from China’s Shale Pilot

144

Featured Article

Snippets

DAILY OIL PRICE: December 16, 2025
Crude Oil: 55.27 (-1.55)....
- Crude Oil: 55.27 (-1.55).
- Nymex MTD AVG: 58.4013.
- Natural Gas: 3.886 (-0.126).
- Gasoline: 1.6809 (-0.0514).
- Spreads: January/February (+0.14) February/March (+0.08).
- Plains WTI Posting: 51.75 (-1.55).
Source: Odessa American
Read More
Dow closes 300 points lower as weak November jobs report weighs on stocks
U.S. stocks finished mostly lower on Tuesday after the...
U.S. stocks finished mostly lower on Tuesday after the November jobs report showed stronger employment growth but a higher-than-expected unemployment rate.

Meanwhile, a sharp decline in oil prices also weighed on stocks amid hopes for a potential peace deal to end the Russia-Ukraine conflict.

The Dow Jones Industrial Average lost over 300 points, or 0.6%, to end near 48,114, according to FactSet data. The blue-chip index has fallen for three consecutive trading days.

The S&P 500 fell 0.2% to finish at around 6,800.

The Nasdaq Composite rose 0.2%, ending near 23,111.
Read More
From X.com: Are Oil Prices Headed Even Lower?
Since June 13th the 2026 WTI strip has...

Since June 13th the 2026 WTI strip has fallen from $64.58 to now $56.60, a level that works for no one. Much lower from here and I'd be tempted to unwind hedges and get maximally exposed to 2H'26. pic.twitter.com/YZsPPWKuWE

— Eric Nuttall (@ericnuttall) December 15, 2025

Read More
Tanker shortage prompts empty crude voyages
The global oil market is experiencing an acute shortage of oil tankers,...
The global oil market is experiencing an acute shortage of oil tankers, forcing newly built supertankers to embark on their maiden voyages empty to pick up crude oil. This deviation from standard practice, in which vessels typically carry refined fuels first, has resulted from a surge in oil output and disruptions to traditional shipping routes caused by Western sanctions and geopolitical risks. The supply crunch has also drawn smaller tankers into the crude trade, driving up tanker rates significantly.
Read More
Crescent Closes All-Stock Vital Energy Acquisition Valued at $3.1B
Crescent Energy Co. announced...
Crescent Energy Co. announced it closed on its previously announced $3.1 billion all-stock transaction for Vital Energy Inc. on Dec. 15.

The deal’s terms include Vital Energy shareholders receiving 1.9062 shares of Crescent Class A common stock for each share of Vital common stock. Crescent shareholders will own around 77% of the combined company, while Vital shareholders will own 23%, on a fully diluted basis.

With the deal’s close, former Vital Energy directors William Albrecht and Jarvis Hollingsworth have been appointed to Crescent’s board of directors. Michael Duginski resigned from the board with the closing of the acquisition.

The newly-combined company is “a top ten liquids-weighted independent with a consistent strategy focused on free cash flow generation, disciplined capital allocation and sustainable long-term value creation for shareholders,” Crescent said in the press release.

Read More