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Houston-based Occidental Petroleum Loss Narrows as Oil Prices Rebound
2021-05-10 22:50:00| OGI
Occidental Petroleum said adjusted loss attributable to common stockholders was $136 million, or 15 cents per share, for the March quarter, compared with a loss of $610 million, or 65 cents per share, in the fourth quarter.
Tags: prices
loss
oil
petroleum
BP Sticks with API after Climate Shift by US Oil Lobby Group
2021-05-10 22:45:00| OGI
BP, which plans to sharply cut its oil output and boost its renewable energy capacity over the next decade, said in a report that despite uneven progress, the API was heading in the right direction.
Whats Affecting Oil Prices This Week? (May 10, 2021)
2021-05-10 19:30:00| OGI
Oil prices are expected this week to drift sideways with an upward bias, while product prices in the Atlantic Basin will move upward until the Colonial Pipeline is back in service, says Stratas Advisors in its latest forecast.
Tags: week
prices
oil
affecting
Oil Prices Rise after Cyberattack Forces Shutdown of Major US Pipeline
2021-05-10 11:05:00| OGI
While some analysts have said oil demand may never reach pre-pandemic levels, Goldman Sachs said it expected this by the end of the year and predicted Brent would hit $80 and WTI $77 within six months.
From Oil and Gas Investor Editor-in-Chief: The Bear Case Privates
2021-05-08 00:00:00| OGI
As public E&Ps promise capital discipline and slow or no growth through 2021, an unexpected and potentially price-busting trend is developing behind the scenes. Could private oil and gas producers ruin it for everyone?
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