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Oil Prices Continue to Climb, Extending Three Weeks Gains
2021-06-14 11:05:00| OGI
Goldman Sachs said last week it expects Brent to rise to $80/bbl this summer as the rollout of inoculations boosts economic activity around the world.
Tags: continue
weeks
prices
oil
Expert: Energy-hungry Emerging Economies Need and Want Oil
2021-06-14 10:00:00| OGI
The higher energy density of fossil fuels appeals to developing countries pursuing affordable fuel sources.
Tags: want
oil
expert
emerging
OPEC+ Will Need to Boost Output to Meet Oil Demand Recovery
2021-06-11 20:35:00| OGI
Meeting the restored oil demand is unlikely to be a problem, the IEA said, forecasting that OPEC+ will still have 6.9 million bbl/d of effective spare capacity after July.
US Drillers Add Rigs as Oil Prices Increase
2021-06-11 19:34:37| OGI
The oil and gas rig count rose five to 461 in the week to June 11, its highest since April 2020, Baker Hughes Co. said June 11.
Norway Not Ready to Let Go of Oil, Gas in Push for Greener Energy
2021-06-11 15:26:28| OGI
Europes second largest oil and gas producer will continue to hold regular licensing rounds, offering exploration acreage to energy firms, the government said.
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