Brent Crude Archives

Jeremy: Will the price of Brent Crude fall below $50 per barrel in 2026?

HOUSTON, Aug. 24, 2026 — SLB (NYSE: SLB) today launched the ExaCT™ electrical downhole coiled tubing (CT) control system, an advanced intervention platform that introduces real-time electrical control to coiled tubing operations. By replacing pressure-dependent hydraulic actuation with electrical communication, power delivery and telemetry, the ExaCT system gives operators greater visibility, precision and control, helping improve intervention execution and reservoir access. Source: https://www.slb.com/newsroom/press-release/2026/slb-launches-exact-electrical-downhole-ct-control-system

Jeremy: Will the price of Brent Crude fall below $50 per barrel in 2026?

Jeremy Lichtman September 1, 2026

The probability of Brent Crude oil prices falling below $50 per barrel in 2026 is very low,...

Phil: Will the price of Brent Crude fall below $50 per barrel in 2026? Innovating oil and gas production: Every producing asset is in decline. The challenge is slowing that decline while controlling operating cost, maintaining production efficiency, and reducing emissions intensity. Source: https://www.slb.com/about/driving-energy-innovation/innovating-in-oil-and-gas

Innovating oil and gas production: Every producing asset is in decline. The challenge is slowing that decline while controlling operating cost, maintaining production efficiency, and reducing emissions intensity. Source: https://www.slb.com/about/driving-energy-innovation/innovating-in-oil-and-gas

Phil: Will the price of Brent Crude fall below $50 per barrel in 2026?

Phillip Godzin September 1, 2026

Oil has occasionally fallen 40% or more over a few months during severe demand shocks, abrupt geopolitical...

Phil: Will the price of Brent Crude fall below $50 per barrel in 2026? The Argos Platform is a giant semi-submersible deepwater facility operated by bp in the Gulf of Mexico. Argos has gross production capacity of up to 140,000 barrels of oil per day. Source: https://www.bp.com/en_us/united-states/home/news/press-releases/bp-starts-oil-production-at-argos-platform-in-the-gulf-of-mexico.html

The Argos Platform is a giant semi-submersible deepwater facility operated by bp in the Gulf of Mexico. Argos has gross production capacity of up to 140,000 barrels of oil per day. Source: https://www.bp.com/en_us/united-states/home/news/press-releases/bp-starts-oil-production-at-argos-platform-in-the-gulf-of-mexico.html

Phil: Will the price of Brent Crude fall below $50 per barrel in 2026?

Phillip Godzin August 25, 2026

Grok response: 10 Key Citations Detailed Rundown of Relevant News, Data, and Context This is a market-price...

Jeremy: Will the price of Brent Crude fall below $50 per barrel in 2026? An International Seaways Crude Oil Tanker Underway

Jeremy: Will the price of Brent Crude fall below $50 per barrel in 2026?

Jeremy Lichtman August 25, 2026

As of August 2026, the likelihood of Brent Crude falling below $50 per barrel by the end...

Phil: Will the price of Brent Crude fall below $50 per barrel in 2026? USS George H.W. Bush (CVN 77) Conducts Night Flight Operation. A U.S. Sailor conducts flight operations aboard Nimitz-class aircraft carrier USS George H.W. Bush (CVN 77), July 29, 2026. George H.W. Bush is deployed to the U.S. 5th Fleet area of operations to support maritime security and stability in the Middle East. (U.S. Central Command photo)

USS George H.W. Bush (CVN 77) Conducts Night Flight Operation. A U.S. Sailor conducts flight operations aboard Nimitz-class aircraft carrier USS George H.W. Bush (CVN 77), July 29, 2026. George H.W. Bush is deployed to the U.S. 5th Fleet area of operations to support maritime security and stability in the Middle East. (U.S. Central Command photo)

Phil: Will the price of Brent Crude fall below $50 per barrel in 2026?

Phillip Godzin August 18, 2026

Critical Assumptions Assessment 1. **Hormuz disruptions persist** (probability it fails: ~20%) → Even with resolution, market wouldn't reach...

Jeremy: Will the price of Brent Crude fall below $50 per barrel in 2026? Ocean drilling rig: ExxonMobil focuses on strengthening energy security by expanding low-cost-of-supply, high-return oil and natural gas operations. Source: https://corporate.exxonmobil.com/

Ocean drilling rig: ExxonMobil focuses on strengthening energy security by expanding low-cost-of-supply, high-return oil and natural gas operations. Source: https://corporate.exxonmobil.com/

Jeremy: Will the price of Brent Crude fall below $50 per barrel in 2026?

Jeremy Lichtman August 18, 2026

While Brent Crude prices are buoyed by geopolitical risk premiums, the market is simultaneously pressured by a...

When Mars (an oil production system) was first installed, it stood largely alone in the Gulf of Mexico. Today, it anchors a growing offshore community of production platforms that include Ursa, Olympus, and Vito, forming a connected system helped shape by shared experiences and technical progress. Photograph: two men in a platform control room with multiple computer monitors displaying data and charts. Source: https://www.shell.us/about-us/what-we-do/forward/mars.html

Phil: Will the price of Brent Crude fall below $50 per barrel in 2026?

Phillip Godzin August 11, 2026

Major sources (EIA, J.P. Morgan, Barclays, Trading Economics) project further declines through the remainder of 2026 and...

Jeremy: Will the price of Brent Crude fall below $50 per barrel in 2026? Strait of Hormuz as viewed from orbit. Source: https://worldview.earthdata.nasa.gov

Strait of Hormuz as viewed from orbit. Source: https://worldview.earthdata.nasa.gov

Jeremy: Will the price of Brent Crude fall below $50 per barrel in 2026?

Jeremy Lichtman August 11, 2026

Forecasts from major financial institutions predict prices well above $50, and historically, such low prices are rare...

Petroleum exploration technologies have evolved from ancient “spring poles” to steam-powered percussion cable tools, to modern rotary rigs with steerable, diamond bits that can drill miles deep. Depicted in this photo, a “spring-pole” well that discovered oil when drilling for brine in Appalachia. Photo from “The World Struggle for Oil,” a 1924 film by the U.S. Department of the Interior. Source: https://aoghs.org/technology/oil-well-drilling-technology/

Phil: Will the price of Brent Crude fall below $50 per barrel in 2026?

Phillip Godzin August 4, 2026

Geopolitical tensions (US-Iran) drove Brent above $100 earlier in 2026 before easing to current ~$80 levels on...

Jeremy: Will the price of Brent Crude fall below $50 per barrel in 2026? Our Commitment to Sustainability. Cactus Drilling understands the big picture. We play a vital role in the upstream process to bring affordable, abundant, and reliable energy to our region and Nation. We also recognize our responsibility to protect the environment while conducting operations to help deliver that essential energy source.