Wood Mackenzie: Hormuz Reopening Would Put Brent At $78 Next Year
Post-MoU Price Forecast
Assuming traffic through the Strait of Hormuz resumes in August, Wood Mackenzie predicts that Brent will average $78 in 2027. However, prices will fluctuate on the way there because of mismatches between demand recovery, inventory rebuilds and production growth.
Permian Strategic Partnership Highlights Several New Initiatives
Community Impact
The coalition of energy companies and universities, which works with community stakeholders to improve life in the Permian Basin, has released its annual report. It touts investments in healthcare, workforce development and road safety.
Permian Operators Find Attractive ROIs With Diverse Playbooks
June 2026 Cover Story
Today’s industry pace-setters include SM Energy Company, New Height Energy, Discovery Operating and The Eastland Oil Company. Meanwhile, Brazos Midstream and MPLX are busy adding gathering systems and processing facilities to get production to market.
Field Trial Shows That Vibratory Tool Limits Paraffin, Asphaltenes
June 2026 Editor's Choice
When Oxy tested the tool in the Permian Basin, it noticed that many wells achieved higher production rates and required fewer workovers.
Emissions Strategies Evolve From Simple Compliance To Industry Profit Centers
June 2026 Markets & Analytics
As the industry gets better at analyzing data, emissions surveys that were once motivated solely by regulatory compliance increasingly reveal valuable operational insights.
Copyright ©2026. All market data is provided by Barchart Solutions.
Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.