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

2021-01-04 19:00:00| OGI

In its latest oil price forecast, Stratas Advisors examines fundamentals versus broader market factors.

Tags: jan week prices oil

 

Kuwait Makes Three Oil, Gas Discoveries

2021-01-04 16:20:45| OGI

The discoveries include conventional oil found near the Burgan oil field.

Tags: makes gas oil kuwait

 
 

Default Warning as US Oil Industrys Financial Woes Persist

2021-01-04 16:05:00| OGI

Fitch says the U.S. oil and gas industry could account for one-third of junk bond defaults in 2021.

Tags: financial default oil warning

 

Russian Annual Oil Output Falls for First Time Since 2008

2021-01-04 11:15:00| OGI

Russia agreed to reduce its oil production in April last year by more than 2 million bbl/d, an unprecedented voluntary cut, along with other leading oil producers and OPEC.

Tags: time since annual oil

 

OPEC Sees Oil Outlook for First-half 2021 Full of Downside Risks

2021-01-04 11:05:00| OGI

"Amid the hopeful signs, the outlook for the first half of 2021 is very mixed and there are still many downside risks to juggle," OPEC Secretary-General Mohammad Barkindo says.

Tags: full oil risks outlook

 

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