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Tag: oil
Real-time Oil Appetite Catches Up with Futures Rally
2021-02-18 17:12:14| OGI
Global benchmark Brent futures are trading above $65 per barrel, quadrupling in value since pandemic lows in April.
Tags: oil
rally
futures
appetite
Russia Makes Progress On Shale Oil Output But Hurdles Remain
2021-02-18 15:09:24| OGI
Gazprom Neft estimates that the reserves of the light, low-sulphur and low-viscosity Bazhenov formation stand at between 18 billion and 60 billion tonnes.
Tags: makes
progress
remain
oil
Egypt Announces Oil, Gas Bid Round for 24 Blocks
2021-02-18 15:04:59| OGI
The round includes nine blocks in the Mediterranean Sea, 12 in the Western Desert and three in the Gulf of Suez, an oil ministry source told Reuters.
ConocoPhillips Says Oil Production Hit by Cold Snap
2021-02-18 11:45:00| OGI
ConocoPhillips did not quantify the amount of production that was offline.
Tags: hit
production
cold
oil
Oil Drillers, Refiners Struggle with Texas Deep Freeze
2021-02-18 01:00:00| OGI
Roughly 1 million bbl/d of crude oil production in Texas have been shut, according to Wood Mackenzie analysts, and it could be weeks before production is fully restored.
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