In an announcement despatched to Rigzone on Friday by the Unbiased Petroleum Affiliation of America (IPAA), the group’s president and CEO, Edith Naegele, highlighted that America’s impartial producers are experiencing “a difficult value surroundings”.
“America’s impartial oil and pure gasoline producers ushered within the shale revolution and have a confirmed file of delivering power securely and competitively,” Naegele mentioned within the assertion.
“America’s impartial producers are dedicated to producing the power that powers American lives and competitiveness. IPAA’s member corporations help American power dominance and are the spine of communities all through the manufacturing states, offering jobs and financial safety in areas throughout the nation,” Naegele added.
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“It is a difficult value surroundings for America’s impartial producers. America’s independents are recognized for taking dangers, and irrespective of the basin they need stability as they make capital allocation choices,” the IPAA President continued.
“As international markets proceed to develop and alter, and as manufacturing alternatives current themselves all over the world, IPAA’s member corporations will proceed to guage all prospects to provide oil and pure gasoline safely and securely,” Naegele went on to state.
Rigzone has contacted the U.S. Division of Vitality (DOE) for touch upon the IPAA assertion. On the time of writing, the DOE has not responded to Rigzone.
In a J.P. Morgan analysis be aware despatched to Rigzone by the JPM Commodities Analysis group on Friday, J.P. Morgan highlighted that the WTI crude value averaged $59 per barrel within the fourth quarter of final yr and $65 per barrel total in 2025. The corporate confirmed that the Brent crude value averaged $63 per barrel within the fourth quarter of final yr and $68 per barrel total in 2025.
J.P. Morgan projected within the report that the WTI crude value will common $56 per barrel within the first quarter of 2026 and $54 per barrel total this yr. The corporate forecast within the report that the Brent crude value will are available at $60 per barrel within the first quarter of 2026 and $58 per barrel total within the yr.
The U.S. Vitality Info Administration’s (EIA) newest quick time period power outlook on the time of writing, which was launched on December 9, noticed the fourth quarter 2025 WTI spot value averaging $59.31 per barrel, the general 2025 WTI spot value averaging $65.32 per barrel, the fourth quarter 2025 Brent spot value averaging $63.10 per barrel, and the general 2025 Brent spot value averaging $68.91 per barrel.
In that STEO, the EIA projected that the WTI spot value would common $50.93 per barrel within the first quarter of 2026 and $51.42 per barrel total in 2026. The EIA additionally forecast in that STEO that the Brent spot value would are available at $54.93 per barrel within the first quarter of 2026 and $55.08 per barrel total this yr.
The EIA’s subsequent STEO is scheduled to be launched afterward Tuesday.
In a commodities be aware despatched to Rigzone by the Saxo Financial institution group on Friday, Ole S. Hansen, the pinnacle of commodity technique at Saxo Financial institution A/S, highlighted that, “technically, resistance sits slightly below $59 in WTI and $63 in Brent, with a transparent break above these ranges doubtlessly triggering momentum- and quick‑masking‑led extensions”.
The IPAA describes itself in its assertion as a nationwide upstream commerce affiliation representing 1000’s of impartial oil and pure gasoline producers and repair corporations throughout the US.
“Unbiased producers function 95 % of the nation’s oil and pure gasoline wells and are liable for 85 % of U.S. oil manufacturing and 90 % of pure gasoline manufacturing onshore,” the IPAA mentioned within the assertion.
On its web site, the IPAA highlights that it “serves as an knowledgeable voice for the exploration and manufacturing section of the business and advocates its members’ views earlier than the US Congress, The White Home, and federal companies”.
To contact the creator, electronic mail andreas.exarheas@rigzone.com
