Adam Humphreys
Founder and Editor, Oil Authority
Calgary, Alberta
Adam Humphreys is the founder and editor of Oil Authority. He brings hands-on oilfield experience — conventional drilling, top drive, coil tubing, directional drilling, pressure testing, and pipeline tie-ins worked across Southern Alberta and Saskatchewan, from Grande Prairie south to Val Marie — combined with more than fifteen years building digital platforms through Making 8 Inc, his Calgary-based digital transformation agency.
He covers oil and gas markets, drilling activity, mergers and acquisitions, pipeline and midstream, LNG, and energy policy. Editorial direction at Oil Authority emphasizes specific dollar figures and barrel counts over vague language, primary sources over rewrites, and respect for the people working in the industry.
Areas of Focus
Articles by Adam
Original reporting and analysis written or edited by Adam Humphreys.
WTI Settles at $96.09 on CME as Iran Headlines Drive a $5.33 Range, $8.03 Below Friday's Close
WTI settled at $96.09 after a $5.33 Iran headline swing, $8.03 under Friday's close. For US producers, that gap is worth $111.6 million a day.
Prices & MarketsNov 3, 2026CVR Energy Buys Marathon's Mandan and St. Paul Park Refineries for $4.2 Billion, Nearly Doubling Throughput
CVR Energy pays Marathon $4.2 billion for 177,000 bpd of Upper Midwest refining at 3.6x EBITDA, with Trafigura and Icahn funding $1.3 billion of equity.
Mergers & AcquisitionsNov 3, 2026Aramco Q3 Adjusted Profit Reaches $31.2 Billion as Downstream EBIT Jumps 234%
Aramco beat the $28.7B consensus with $31.2B adjusted profit as refining EBIT jumped 234%, and the $21.9B dividend still takes 78% of free cash flow.
Exploration & ProductionNov 3, 2026Shell Sells 16.67% North West Shelf LNG Stake to Abu Dhabi's XRG for $1.45 Billion
Shell books $1.45B for its 16.67% North West Shelf LNG stake, roughly 40% of the $3.67B pro rata value implied last year. Why Abu Dhabi's XRG got a discount.
Mergers & AcquisitionsNov 3, 2026WTI Drops 7.8% to $96.02 as Iran Talks Pull Brent to $104.10, While UBS Sees $110 and Goldman Sees $105
WTI plunged 7.8% to $96.02 and Brent fell to $104.10 on Iran talks, yet UBS still sees $110 by year-end while Goldman eyes $105. Who is right?
Prices & MarketsNov 2, 2026Saudi Oil Exports: TankerTrackers 7.9 Million BPD vs Kpler 5.72 Million as Brent Falls 4% on Iran Talks
Saudi October exports: 7.9 million bpd per TankerTrackers, 5.72 million per Kpler. That 2.18 million bpd gap is worth $237 million a day as Brent drops 4%.
Prices & MarketsNov 2, 2026Brent December Contract Expires at $117.64, $4.21 Above January, as WTI Gains 15.2% in October on Hormuz Mine Strike
Brent's expiring contract closed $4.21 above January while WTI surged 15.2% in a month. Here is what the Hormuz mine strike did to the oil price curve.
Prices & MarketsNov 1, 2026Brent's $113.43 Settle Sits $8.43 Above EIA's Q4 Forecast as Saxo Sees $70 to $90 Even After the War
Brent settled Friday at $113.43 per barrel, 8% above the EIA's fourth-quarter forecast. Here is what forecasters assume about Hormuz and the 2027 price path.
Prices & MarketsNov 1, 2026IEA Stock Release Hits 330 Million Barrels, Only 16 Days of Hormuz Flow, as Brent Holds $113.43
IEA emergency stocks released total 330 million barrels, just 16 days of normal Hormuz flow, as Brent holds $113.43 and Europe adds 42 million more.
Regulations & PolicyNov 1, 2026OPEC+ Freezes December Quotas at 31.01 Million bpd as Brent Settles $117.64 and Hormuz Stays Shut
OPEC+ froze December quotas at 31.01 million bpd with Brent at $117.64 and Hormuz shut. Saudi Arabia's 10.478 million bpd target may be unreachable.
Prices & MarketsNov 1, 2026Canadian Heavy Oil Discount Hits US$31 as WTI Settles at $104.12, Widest Gap Since 2022
WCS trades US$31 below WTI, the widest gap since 2022, as WTI settled at $104.12. See what each extra dollar of discount costs Imperial and ExxonMobil.
Prices & MarketsOct 31, 2026WTI Settles $104.12 as Oil Rigs Rise to 462, Baker Hughes Count Holds at 603
WTI settled at $104.12 and Brent at $113.43 while US oil rigs rose two to 462. See what the rig count says about shale's response to a 15.2% October rally.
Prices & MarketsOct 31, 2026UAE Quits OPEC May 1 After Five Decades, ADNOC's 4.8 Million bpd Capacity Strips Cartel of Third-Largest Producer
UAE walks out of OPEC May 1 after five decades. ADNOC's 4.8 million bpd capacity strips the cartel's third-largest producer as Hormuz crisis masks shock.
Regulations & PolicyApr 28, 2026Alberta Tables 120-Day Fast-Track Approvals as Ottawa-Edmonton Alliance Signals New Era for Canadian Energy Investment
Alberta's Bill 30 slashes project approvals to 120 days as Carney and Smith unite on a pipeline MOU that could double oil output by 2035.
Regulations & PolicyApr 16, 2026