OPINION/EDITORIAL

The Energy Implications Of Additive Manufacturing

May 10, 2019/OilPrice.com Additive Manufacturing (AM) is a three-step process involving Computer Aided Design (CAD), creation of a digital computer file and then manufacture of a product from the computer file using 3D printing. According to the latest Wohlers Report, the AM industry grew by 33.5% last year to $9.975 […]

Oil Supply Shortages Countered By Trade War

May 10, 2019/OilPrice.com Trump has officially restarted the trade war after doubling tariffs on China, but supply issues with U.S. shale, Iran, Venezuela and Libya seem to have countered that news in oil markets. Friday, May 10th, 2019 Oil prices were flat in early trading on Friday, sandwiched between supply […]

Saudi Exports Send Oil Prices Falling

May 7, 2019/OilPrice.com –    The number of drilled but uncompleted wells (DUCs) has continued to increase, rising to 8,504 as of February 2019, roughly 25 percent higher than a year earlier.  –    The completion process includes “casing, cementing, perforating, hydraulic fracturing, and other procedures required to produce crude oil or […]