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OPEC August Oil Output Rises But Outages Limit Gain, Survey Shows

2021-08-31 16:08:59| OGI

OPEC+ has been easing record output cuts agreed in April 2020 as demand recovers.

Tags: august shows limit survey

 

China's Oil Demand Recovers as COVID Impact Eases, More Quotas Eyed

2021-08-31 15:24:48| OGI

China's demand for spot crude appears to be recovering after nearly five months of slower purchases caused by a shortage of import quotas, drawdowns from high inventories and COVID-19 lockdowns that muted Chinese fuel consumption.

Tags: impact oil demand eyed

 
 

FTC to Crack Down on Unlawful US Oil Industry Mergers

2021-08-31 11:05:00| OGI

FTC Chair Lina Khan told the White House in a letter last week that she also promised to start an investigation of abuses in the franchise market for retail fuel stations, among other steps.

Tags: industry oil crack mergers

 

Oil and Gas Investor At Closing: Back to Square One

2021-08-31 10:13:31| OGI

The industrys fate still comes down to what level of oil demand there is now, and what it will be in the future.

Tags: one back square gas

 

Whats Affecting Oil Prices This Week? (Aug. 30, 2021)

2021-08-30 19:00:00| OGI

Oil prices are getting some support from a couple of short-term disruptions that are affecting the crude oil supply in the Gulf of Mexico, says Stratas Advisors in its latest oil price forecast.

Tags: week prices aug oil

 

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