Commodities

bp, Kuwait Oil Firm prolong technical providers settlement by means of 2029

(WO) - Kuwait Oil Firm (KOC) and bp have prolonged their Enhanced Technical Providers Settlement (ETSA) by means of March 2029, persevering with bp’s technical help for enhanced oil restoration (EOR) and subject...

Equinor forecasts 10%–20% manufacturing decline at Johan Sverdrup discipline in 2026

(Bloomberg) – Equinor expects oil output from its Johan Sverdrup oil discipline, the biggest supply of European provide progress within the final decade, to fall this 12 months.  Manufacturing will decline by someplace between...

SLB awarded $1.5 billion, five-year contract for Kuwait’s Mutriba subject

SLB has been awarded a $1.5 billion, five-year built-in improvement contract by Kuwait Oil Firm (KOC) to help the following stage of improvement on the Mutriba subject in Kuwait.  ...

Devon, Coterra comply with $58-billion all-stock merger, creating main U.S. shale operator

(WO) - Devon Vitality and Coterra Vitality have agreed to merge in an all-stock transaction that can create one of many largest and most scaled shale producers in the USA, underscoring a renewed...

Texas upstream employment rebounds in December 2025

(WO) - Texas Unbiased Producers and Royalty Homeowners Affiliation (TIPRO) reported a rebound in Texas upstream oil and gasoline employment in December 2025, citing new information from the U.S. Bureau of Labor Statistics....

Gold and Silver: Imply reversion and Statistical significance

After the latest drops I ran MC simulations on gold (GC=F) and silver (SI=F) futures after latest drops. Each hit what appears like statistical extremes over 90...

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