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Whats Affecting Oil Prices This Week? (Jan. 11, 2021)

2021-01-11 19:00:00| OGI

The U.S. political arena and the management of the oil markets are poised for interaction, and the resulting dynamics could trigger market volatility that will surpass even that seen last year, Stratas Advisors says in its latest oil price forecast.

Tags: jan week prices oil

 

Saudi Cut to Boost Oil Market De-Stocking as Demand Falters

2021-01-11 16:09:52| OGI

Barclays notes that the COVID-19 situation puts the oil market in uncharted territory.

Tags: market cut oil demand

 
 

Want Alpha Returns? In the Oil Patch, Beta Always Dominates

2021-01-11 16:00:00| OGI

The age of the driller is over, industry expert Chuck Yates says, and the oil and gas companies that outperform going forward will be valued on different metrics.

Tags: returns oil beta alpha

 

Norways Plans to Raise Carbon Tax Draw Oil Industry Ire

2021-01-11 15:12:51| OGI

The cost of emissions will be raised to 2,000 Norwegian crowns ($237) per tonne by 2030 from 590 crowns for most industries at present, Environment Minister Sveinung Rotevatn said.

Tags: industry plans tax oil

 

2020 Rewind: Tech Highlights from Turbulent Year in Oil and Gas

2021-01-11 10:00:00| OGI

Against staggering oddsan unprecedented crash in oil prices and COVID-19the technology space in the oil and gas sector exceeded the test of resiliency put forth by a turbulent 2020.

Tags: year tech gas oil

 

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