Welcome to the latest edition of the Energy Recap. This week, the big event in the energy sector was the OPEC meeting on Wednesday, Nov. 30. A consensus on production cuts was finally reached, which sent oil prices higher.
We'd like to get your take on the news - do you think the cut was a good idea or a bad one? And what do you think the short- and long-term impacts will be? Please let us know in the comments section below.
Energy Articles of Note
"Value Investors: Chinook Energy Is A Unique Value In The Montney Fairway" (OTCPK:CNKEF) By Value Digger
"Bakken Update: The Saudi Big Short Squeeze" By Michael Filloon
Energy Sector Bankruptcies for the Week Ended Dec. 2, 2016
Here's a list of the most recent bankruptcy announcements in the energy sector:
Feel free to add any that we might have missed in the comments section below.
U.S. Oil Rig Count
As per Baker Hughes, the number of active U.S. oil drilling rigs saw another increase this week.
Weekly Natural Gas Storage Report and Summary
Natural Gas Rig Count
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