OPINION

Slugcatcher and the move towards an oil price with an 8 in front

OIL bulls have had a tough time over the past four years with the oil price seemingly stuck in a hole, but as Slugcatcher was absorbing Middle East and US news over the past three days he was feeling remarkably comfortable about a price with an 8 in front of it.

Slugcatcher
Slugcatcher and the move towards an oil price with an 8 in front

The most obvious reason for optimism was the latest outbreak of trouble in the Middle East though missile strikes in Syria are not the real driving force behind the oil price recovery.   Credit for...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.