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 Crude Settles at $84.88 per Barrel on Iran Deal Momentum as Baker Hughes Counts 433 Active Oil Rigs
WTI crude settled at $84.88 per barrel on Friday's CME close, down 3.2%, as Iran peace deal momentum drove oil's steepest daily drop in weeks.
Prices & MarketsJun 13, 2026Goldman Sachs, EIA, and Morgan Stanley Land at $79-$80 Brent for 2027, Pricing In Hormuz Normalization Before Year-End
Goldman Sachs, the EIA, and Morgan Stanley all put 2027 Brent near $79-$80, with a shared assumption that Hormuz flows normalize substantially before Q1 2027.
Prices & MarketsJun 13, 2026OPEC-12 Output Hits 26-Year Low in May as Hormuz Disruption Erases 1.06 Million Barrels Per Day
OPEC-12 May output fell to 16.13 million bpd, a 26-year low, as the U.S. blockade cut Iran's exports and Hormuz disruptions shut down Gulf shipments.
Prices & MarketsJun 13, 2026Iran's 30-Day Hormuz Pledge Sends Brent Below $87, but Trump Disputes Draft Deal Terms
Brent fell 4% to $86.71 Friday as Iran's 14-point draft deal pledges Hormuz reopening in 30 days. Trump disputes the terms, markets split on odds.
Prices & MarketsJun 13, 2026Imperial Oil Pleads Guilty to Kearl Drainage Pond Overflow, Fined C$120,000 by Alberta Energy Regulator
Imperial Oil paid C$120,000 for a Kearl wastewater overflow triggered by sediment-fouled sensors, a fine equal to 6 minutes of the mine's daily oil revenue.
Regulations & PolicyJun 12, 2026WCS Discount Widens to $11.90 Per Barrel as WTI Settles at $84.88, Pressuring Alberta Oil Sands Producers
WCS settled at $11.90 below WTI on June 10. With WTI at $84.88, implied WCS is $72.98 per barrel, pressuring Alberta in situ and mining producers.
Prices & MarketsJun 12, 2026Baker Hughes: US Oil Rigs Rise to 433 as Total Count Slips to 562, Permian Holds 77 Percent Oil Share
US oil rigs rose to 433 in the Baker Hughes June 12 count as WTI settled at $84.88. North America stood at 732 total rigs on June 5, up 59 year over year.
Drilling & CompletionsJun 12, 2026Nigeria Crude Output Reaches 1,530,354 Bpd in May, Ending 10-Month OPEC Quota Shortfall
Nigeria crude output reached 1,530,354 bpd in May 2026, ending a 10-month compliance shortfall below its 1.5 million bpd OPEC quota, per NUPRC.
Exploration & ProductionJun 12, 2026Goldman Sachs Cuts 2027 Brent Forecast to $80 as China EV Shift and Non-OPEC Supply Growth Offset Hormuz Premium
Goldman Sachs cut its 2027 Brent forecast to $80/bbl on June 11, aligning with EIA's $79 projection, as OPEC projects 970,000 bpd demand growth for 2026.
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Prices & MarketsJun 12, 2026US Petroleum Net Exports Hit Record 5.8 Million Barrels Per Day in April as Hormuz Crisis Reshapes Global Trade
US petroleum net exports hit a record 5.8 million b/d in April 2026, as Hormuz-displaced buyers sought American crude. A peace deal could end that windfall.
Prices & MarketsJun 12, 2026Brent Crude at $88 Per Barrel Matches EIA Q4 2026 Forecast Three Months Early as Trump Iran Deal Optimism Builds
Brent fell to $88.03 per barrel on June 12, below EIA's Q4 2026 forecast three months early, as Trump signaled a US-Iran settlement framework.
Prices & MarketsJun 12, 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