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Whats Affecting Oil Prices This Week? (July 12, 2021)

2021-07-12 19:00:00| OGI

The impact on oil prices from any failure to resolve the ongoing Saudi-UAE dispute on output cuts would be negative, Stratas Advisors said in its latest forecast, as it would signal the end of the OPEC+ framework, which has been critical to rebalancing the oil markets.

Tags: july week prices oil

 

Oil Prices Slip as Economic Worries Offset Tightening Supplies

2021-07-12 11:50:00| OGI

Oil prices slumped on July 6 after OPEC and their allies, a group known as OPEC+, did not reach an agreement to increase output from August.

Tags: prices supplies economic oil

 
 

bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

2021-07-12 10:55:37| Green Car Congress

Tags: by review shows primary

 

Oil and Gas Investors Top 100 Private E&Ps: Private Eye

2021-07-10 00:00:00| OGI

Enverus analyzed production history, pricing, velocity and rig count activity to better understand the role and influence private E&P operators are playing in the oil patch and the expected outcomes in the near future. 

Tags: top private eye gas

 

US Drillers Add Oil, Gas Rigs for Second Consecutive Week

2021-07-09 20:09:29| OGI

U.S. energy firms added oil and natural gas rigs for a second week in a row as oil prices recently rose to their highest since Oct. 2018, prompting some drillers to return to the wellpad.

Tags: add week gas oil

 

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