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Whats Affecting Oil Prices This Week? (Feb. 22, 2021)
2021-02-22 18:00:00| OGI
After the increase during the past two weeks of Brent by 12.2% and WTI by 14.4%, crude prices are now back to the range they were for much of 2019 and more developments are on the way, Stratas Advisors says in its latest oil price forecast.
CNOOC Makes Large Oil, Gas Discovery in Bohai Bay
2021-02-22 15:05:00| OGI
The discovery well was tested to produce an average of about 1,980 barrels of crude oil and 5.25 million cubic feet of natural gas per day.
US Shale Rebound to Remain Subdued Even as Oil Prices Rise
2021-02-22 11:10:00| OGI
The lack of a U.S. shale rebound could make it easier for OPEC and its allies to manage the market, according to OPEC sources.
Oil and Gas Investor Executive Q&A: Earthstone on the Rise
2021-02-22 10:00:00| OGI
A model of disciplined tenacity, Midland Basin-focused Earthstone Energy patiently and diligently builds scale through good times and bad. And new CEO Robert J. Anderson makes no apologies for being a small-cap, growth-oriented oil and gas producer.
Texas Oil Refiners Will Take Weeks to Recover From Winter Storm
2021-02-19 22:25:00| OGI
The refinery shutdowns will depress prices for U.S. crude oil and widen the spread between U.S. and Brent crude, Paul Sankey of independent energy researcher Sankey Research said.
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