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US Oil Producer Abraxas Petroleum Regains Compliance with NASDAQ
2020-11-09 21:25:00| OGI
Abraxas Petroleum effected a 1-for-20 reverse stock split of its issued and outstanding shares of common stock on Oct. 19, which boosted the oil producers share price above $1 for the first time since July 2019.
Tags: oil
compliance
producer
nasdaq
Whats Affecting Oil Prices This Week? (Nov. 9, 2020)
2020-11-09 19:00:00| OGI
An extra bucket of cold waterthe Convent refinery shutdown in Louisiana by Shell is more meaningful than it seems, Stratas Advisors says in its latest oil price forecast.
Libyas Oil Output Tops One Million Barrels Per Day
2020-11-09 15:25:17| OGI
The North African country is still restarting oil fields after the lifting of an eight-month blockade by eastern forces, a source said.
IEA Sees New European Lockdowns Denting Oil Demand Outlook
2020-11-09 15:12:36| OGI
Renewed lockdown measures in Europe aimed at containing a rise in COVID-19 cases appear set to push the outlook for global oil demand toward the downside, an official with the International Energy Agency (IEA) said on Nov. 9.
Tags: oil
european
demand
outlook
Oil Prices Rise with Brent Topping $40 as Joe Bidens Win Buoys Risk-taking
2020-11-09 11:10:00| OGI
"Oil prices surged on Monday benefiting from a risk-on stance and a weaker U.S. dollar driven by Joe Biden becoming president-elect," said Giovanni Staunovo, oil analyst for UBS.
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