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US Oil Prices Hit Seven-year High as OPEC+ Sticks with Output Increase

2021-10-04 22:00:00| OGI

Some fear the decision could threaten to raise tensions between large energy consumers including U.S., Europe and China.

Tags: high increase prices hit

 

Whats Affecting Oil Prices This Week? (Oct. 4, 2021)

2021-10-04 19:00:00| OGI

As expected, crude prices continued going up last week. However, Stratas Advisors sees plenty of news that will affect the oil price for the upcoming week including the outcome from the OPEC+ meeting.

Tags: week oct prices oil

 
 

From Oil and Gas Investor Editor-in-Chief: Soukis Optimism

2021-10-04 11:00:00| OGI

Even at $5 per Mcf, natural gas prices are cheap, says Tellurian Inc.s co-founder Charif Souki. And the rest of the world is willing to take it off your hands for decades to come, he projectsdespite the noise that says otherwise.

Tags: gas oil investor optimism

 

US Drillers Add Oil, Gas Rigs for Fourth Week in a Row

2021-10-01 19:53:21| OGI

The oil and gas rig count rose by seven to total 528 in the week of Oct. 1, its highest since April 2020, energy services firm Baker Hughes Co. said in its closely followed report.

Tags: add week gas oil

 

Exxon Mobil Expects $1.5 Billion Boost to Earnings from Higher Oil, Gas Prices

2021-10-01 18:30:00| OGI

Natural gas prices should give Exxon Mobil the largest increase in operating profit in the quarter, the U.S.-based oil major signaled in a corporate filing.

Tags: prices higher gas oil

 

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