Avalon Oil and Gas, Inc.

03/11/2016

Oil prices may have passed their lowest point as shrinking supplies outside OPEC and disruptions inside the group erode the global surplus, the International Energy Agency said.

03/11/2016

"Oil has rallied more than 50 percent since hitting 12-year lows less than two months ago. The rally began after Russia and the Organization of the Petroleum Exporting Countries floated the idea of a production freeze to support prices in an oversupplied market."

03/10/2016

"It may be hard to see through the storm, but the U.S. shale industry’s best days are likely still ahead."

These days the oil market is a real street brawl. Filling up at the pump has turned into highway robbery. The average cost of a gallon of gasoline in the U.S. is below $1.80 — the lowest in a…

02/11/2016

"Chinese oil production is expected to fall and state-owned companies are spending less, which means demand for oil from overseas should remain firm."

02/05/2016

"Oil bulls distressed that last week’s rally fizzled can find some comfort in forecasts for a bigger and longer rebound by the end of the year."

02/02/2016

Check out the latest news, insights, and opportunities from Avalon Oil & Gas, Inc.

Avalon Oil & Gas, Inc. is an independent oil and gas company engaged in the acquisition of producing oil and gas properties in Louisiana, Texas, Arkansas, Kansas and Oklahoma. In addition, Avalon's technology group acquires and develops oil production enhancing technologies. Through Oiltek, Inc., Av…

01/06/2016

"As the oil glut has sent prices to decade lows, plummeting investment by oil-producing countries such as Venezuela and Russia and oil drillers such as Exxon Mobil Corp. and Royal Dutch Shell PLC means fewer barrels will be produced.That could leave the world in exactly the opposite situation as now: short of oil and willing to pay more to get it."

As the oil glut has sent prices to decade lows, plummeting investment by oil producers means fewer barrels will be pumped, and it could result in a shortage.

01/05/2016

"If you're going to allocate capital [in energy] for the next three to five years you should do it now." - Kyle Bass

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01/05/2016

ConocoPhillips Co. and NuStar Energy LP on Thursday plan to finish loading what will be the first tanker of freely traded U.S. crude oil in 40 years.

01/04/2016

Avalon Oil and Gas, Inc. is excited to announce the Limited Partnership with Drax Holdings and the opportunity to develop a portfolio of oil and gas producing properties.

12/28/2015

"The Organization of the Petroleum Exporting Countries said Friday that oil prices will remain below $100 a barrel in the long term, but should bounce back from current levels as demand for crude will rise more than currently expected."

12/28/2015

"The 40-year-old ban on US oil exports has officially ended. The repeal of the ban was part of $1.1 trillion spending bill that President Barack Obama signed into law Friday afternoon after the House and Senate passed the measure earlier in the day."